主讲人：张锡惠 讲座教授，德雷塞尔大学

主题：成本独特性与避税（Cost Uniqueness and Tax Avoidance）

时间：2025年12月04日下午15:00 -16:30

地点：学术会堂606会议室

主持人：林雯助理教授，中央财经大学会计学院

摘要： This study investigates whether a firm’s cost uniqueness, defined by its distinctive operating characteristics, affects its tax avoidance behavior. We hypothesize that greater cost uniqueness increases information opacity, thereby reducing detection risk and promoting tax avoidance. We find that cost uniqueness is negatively associated with both cash effective tax rates (CETR) and industry-size adjusted CETR, suggesting that firms with higher cost uniqueness tend to engage in greater tax avoidance. This relationship is stronger when firms have greater incentives to avoid taxes, and weaker when firms have stronger internal information environments or are subject to greater external monitoring. We also find that cost uniqueness does not increase IRS scrutiny or the likelihood of tax audits, thus reinforcing our main argument. Our results remain robust across a battery of endogeneity and sensitivity tests. Overall, the findings offer new insight into how operational distinctiveness at the firm-level shapes corporate tax behavior.

主讲人简介：张锡惠现任Drexel大学KPMG讲座教授。在加入Drexel大学之前,他曾在德克萨斯大学达拉斯分校和国立政治大学任教。他毕业于美国明尼苏达大学,获得会计博士学位。他的研究兴趣主要包括审计、管理会计和信息技术,并已在高质量的国际学术期刊上发表了80余篇论文,其中包括《The Accounting Review》、《Contemporary Accounting Research》、《Journal of Accounting & Economics》、《Management Science》和《Production and Operations Management》。他曾在日本一桥大学、香港城市大学、北京大学、中兴大学和台湾大学担任荣誉讲座教授或客座教授,并拥有多年为营利组织和非营利组织提供咨询的经验。

撰稿 | 谢蓉蓉 林雯 王佳琪

排版 | 刘怡帆

审核 | 郑登津