| In today’s era of global integration,with the increasingly close economic development of various countries,and the globalization process of environmental pollution issues,pollution control issues have become the focus of attention of all countries,including China.In 2012,China released the "12th Five Year Plan",which analyzed in detail the current environmental situation in China,effectively solving prominent environmental issues,and addressing environmental issues in key polluting industries.It is pointed out that it is necessary to strengthen pollution monitoring and improve relevant environmental protection policies as soon as possible.The report of the 18 th National Congress of the Communist Party of China proposes to incorporate the construction of ecological civilization into the overall layout and strategic layout of China.On January 1,2018,the Environmental Protection Tax Law of the People’s Republic of China officially implemented chemical industry as the backbone and basic industry of China,and it is worth considering the impact of formulating environmental protection taxes.This article first introduces the background and significance of the study,and then reviews the relevant literature at home and abroad.On this basis,the main focus and conclusions of the relevant research are drawn.Secondly,the second chapter of this article clarifies the definition of environmental protection tax and corporate performance,expounds the theoretical basis of non high tax,externality theory,and public goods theory,providing theoretical support for this article’s research.The second is to analyze the impact mechanism of environmental protection tax on the performance of chemical enterprises from the perspective of neoclassical economic theory and Porter’s hypothesis.Neoclassical economic theory believes that the introduction of environmental protection tax can increase production and management costs of enterprises,thereby reducing enterprise performance.Porter’s hypothesis believes that the introduction of environmental protection tax can increase production and management costs of enterprises,thereby reducing enterprise performance.It is believed that mandatory reform and innovation can improve productivity and ultimately achieve the goal of improving enterprise performance.In Chapter 3,this article summarizes the changes in environmental protection taxes,introduces the current situation of chemical industry development and pollution emissions,and conducts in-depth research using empirical analysis methods in Chapter 4.According to the environmental report,Jose raised the tax standard based on the pollutant discharge fee,which would increase the cost of the enterprise.This article assumes that the environmental protection tax has a negative impact on the performance of the enterprise.This section selects chemical companies listed in China’s A-share market from 2014 to 2019 as research samples.According to the classification basis of whether the tax rate standard is increased or not,chemical listed companies are divided into experimental and control groups.A dual difference model is established to further analyze the nature of enterprise ownership and regional heterogeneity.The results show that the introduction of environmental protection tax has a negative impact on chemical enterprises in the short term,and compared to non-state owned enterprises,environmental protection tax has a significant negative impact on state-owned enterprises in terms of the nature of enterprise ownership.From the perspective of different regions,compared to the central and western regions,the negative impact of environmental protection taxes in the eastern region is greater.Finally,combined with the previous elaboration and analysis,the fifth chapter of this thesis from the perspective of government and enterprise respectively put forward some suggestions.Specifically,for the government,it is necessary to improve the environmental protection tax system,strengthen the supervision of non-state-owned enterprises,and implement differentiated environmental protection tax policies for different regions.For enterprises,it is necessary to carry out reasonable tax planning,improve the internal management mechanism of enterprises,and view the environmental protection tax policy correctly. |
