Corporate Philanthropy and Tax Avoidance——A Study Based on the Perceptive of Corporate CSR Culture

Abstract

Abstract:

Drawing on the theory of corporate culture, this paper explores whether the corporate social responsibility (CSR) culture could drive firms toward both corporate donation and taking more tax. Based on the samples of Chinese listed companies, we find that the association between corporate philanthropy and tax aggressiveness is significant and we attribute this association to the function of CSR culture. Furthermore, we find that this negative relevance is more pronounced in the samples of SOEs and those private firms with political connections. This study deepens the understanding of the drivers of CSR and sheds a new light on the issue of government-enterprise relationship.

Key words: company culture, corporate philanthropy, tax avoidance, corporate social responsibility

Shen Yi, Xu Guanghua, Lyu Minghan, Qian Ming. Corporate Philanthropy and Tax Avoidance——A Study Based on the Perceptive of Corporate CSR Culture[J]. , 2020, 32(2): 254-265.

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