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Academic Journal of Business & Management, 2024, 6(7); doi: 10.25236/AJBM.2024.060733.

Research on the Impact of Tax Incentives on the Digital Transformation of Manufacturing Enterprises

Author(s)

Zhiwen Song

Corresponding Author:
Zhiwen Song
Affiliation(s)

School of Economics and Management, Foshan University, Foshan, Guangdong, China

Abstract

Tax preference is an important policy tool to drive the digital transformation of manufacturing enterprises. Using Chinese A-share manufacturing listed companies in Shanghai and Shenzhen as samples, this paper examines the impact and mechanism of tax incentives on the digital transformation of manufacturing enterprises based on the intermediary effect model.The results shows that preferential tax policies can effectively promote the digital transformation of manufacturing enterprises. Tax incentives positively affect the digital transformation of manufacturing enterprises by encouraging them to increase their investment in innovation and human capital. The incentive effect of preferential tax policies on the digital transformation of manufacturing enterprises is heterogeneous, with a greater incentive effect on the data-driven transformation of medium and large manufacturing enterprises, as well as medium and low growth manufacturing enterprises. The research in this paper provides empirical evidence and policy enlightenment for the implementation of tax incentives to promote the digital transformation of enterprises.

Keywords

Tax preference; Digital transformation; Mechanism analysis; Mediating effect

Cite This Paper

Zhiwen Song. Research on the Impact of Tax Incentives on the Digital Transformation of Manufacturing Enterprises. Academic Journal of Business & Management (2024) Vol. 6, Issue 7: 235-245. https://doi.org/10.25236/AJBM.2024.060733.

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