Abstract:

Comprehensively promoting the digital transformation of enterprises is not just an important prerequisite for achieving high-quality development of enterprises, it is a key driver of building a digital China. This paper takes A-share companies listed on the Shanghai and Shenzhen stock exchanges from 2015 to 2021 as the research object, empirically analyzes the impact and mechanism of the tax credit rating system on the digital transformation of enterprises, and examines the moderating role of the external environment in which enterprises are located. The research results show that the tax credit rating system can significantly promote the digital transformation of enterprises. The mechanism analysis indicates that the tax credit rating system can promote the digital transformation of enterprises through incentive mechanisms and governance mechanisms. The incentive mechanism includes alleviating the financing constraints of enterprises and improving the reputation of enterprises, while the governance mechanism includes enhancing the internal control level and information transparency of enterprises. The heterogeneity analysis reveals that when the external environment uncertainty is low, the social trust level is high, the economic development level is high, and the technological market environment is good, the promoting effect of the tax credit rating system on the digital transformation of enterprises is more significant. In the future, government departments should continuously innovate the management model for micro enterprises and encourage the digital transformation of enterprises through a robust and effective policy package. Enterprises should pay taxes in good faith, regard tax credit as the credit asset of the enterprise, and give full play to its driving role in digital transformation.

Key words: tax credit rating, digital transformation, financing constraints, internal control

摘要：

全面推动企业数字化转型是实现企业高质量发展的重要前提，更是建设数字中国的重要抓手。文章以2015—2021年沪深A股上市公司为研究对象，实证分析了纳税信用评级制度对企业数字化转型的影响与作用机制，并考察了企业所处外部环境的调节作用。研究结果表明：纳税信用评级制度能够显著促进企业数字化转型；机制分析表明，纳税信用评级制度可以通过激励机制与治理机制促进企业数字化转型，其中激励机制包含缓解企业融资约束与提高企业声誉，治理机制包含提升企业内部控制水平与信息透明度；异质性分析发现，当外部环境不确定性低、社会信任水平高、经济发展水平高、技术市场环境好时，纳税信用评级制度对企业数字化转型的促进作用更显著。今后政府部门应持续创新对企业的管理模式，通过积极有效的政策“组合拳”激励企业数字化转型；企业应诚信纳税，将纳税信用视为企业的信用资产，发挥其对数字化转型的驱动作用。

关键词: 纳税信用评级制度, 数字化转型, 融资约束, 内部控制