Research On The Impact Of Manufacturing Servitization On Enterprise Performance From The Perspective Of Fiscal And Tax Incentives

Along with economic development,the continuing escalation of industrial structure adjustment,manufacturing service has become one of the current development trend of the most popular and a barometer of business performance is the company’s operating performance,feedback effect,to a manager’s job is the key of the shareholder concerned category,also is the main factor that investors consider manufacturing industry in the process of the transformation of service challenge,therefore,how to improve the enterprise performance is an important research question to solve the problem appeared in the process of manufacturing service cost increasing problems such as insufficient funds,《Accounting Standard for Business Enterprises No.16-Government Subsidies》and income tax《Accounting Standard for Business Enterprises No.18-Income Tax》To explore the influence of service-oriented manufacturing transformation on enterprise performance from the perspective of fiscal and tax incentivesFirst based on the theory of value chain accounting smile curve theory,principal-agent theory and based on the theory of capital preservation through theoretical deduction and logic inference,explore the necessity of industrial upgrading and manufacturing manufacturing enterprises in our country the necessity of service,in-depth excavation of the impact on the business performance of service manufacturing and research mechanism at the same time,based on the special market economy system in our country,the introduction of government subsidies and tax breaks as control variable,this paper explores the correlation with corporate performance of service in the manufacturing of regulation,and put forward in this paper,the study assumes that the second,based on 《 Management accounting application guide: 600-603 performance management related application guidance》,the design of enterprise performance evaluation index,and through change of scope of operations refer to the annual report announcement,etc.,the manufacturing industry to measure the level of service,at the same time,according to the《accounting standards for enterprises no.16 government subsidies(accounting 15,2017)》 and 《 on further regulating local Treasury capital and fiscal revenue management to inform 》(2014,175)coffers provisions as the measure of government subsidies variable according to the《 State Council on taxation preferential policy related issues notice guofa The tax preference was determined on 25 th,2015》 and《 guofa no.2019(the decision of formulating administrative measures in tax normative documents)》 and the correlation between variables was preliminarily testedAgain,according to the selected sample data for the equipment manufacturing industry in 2015-2019 panel data model to empirical methods,through F test and Hausman test empirically for the fixed effects model,the influence of manufacturing level of service on business performance results show that the manufacturing service rendering is u-shaped relationship between corporate performance and,at the same time,government subsidies and tax breaks will be forward to strengthen the relationship between the two,namely to enjoy tax incentives manufacturing enterprise manufacturing promote the turning point of the performance improvement of service will come in advance Further with the method of substitution variables robustness inspection,inspection conclusion consistentFinally,by summarizing the conclusions of the empirical study,suggestions are put forward from the aspects of promoting the transformation of manufacturing enterprises to high-end servitization,formulating long-term transformation strategies,overcoming the "servitization dilemma" and improving the fiscal and tax policies of the government.The deficiency of this paper and the prospect of future research are also explained.