企业所得税对企业资本结构影响的文献综述

资本结构决策是企业发展过程中的重要决策手段,而企业所得税在企业纳税活动中占有重要的地位,企业债务融资利息可以在企业所得税前支付,即负债资金具有避税的效应,因此,在企业所得税因素的影响下,企业选择债务融资的效应更佳,二者存在一定的关联关系。论文主要从企业所得税对资本结构影响的理论研究、实证研究两个方面来对二者的关系的文献进行梳理。

Literature Review on the Influence of Enterprise Income Tax on Enterprise Capital Structure

Capital structure decision-making is an important decision-making method in the development process of enterprise,and enterprise income tax plays an important role in enterprise tax paying activities.The interest of debt financing can be paid before enterprise income tax,that is,debt capital has the effect of tax avoidance.Therefore,under the influence of enterprise income tax factors,the effect of debt financing is better for enterprises,and there are some differences between them.This paper reviews the literature on the relationship between enterprise income tax and capital structure from two aspects:theoretical research and empirical research.