Research on the Governance Mechanism and Path Optimization of Environmental Protection Financial and Tax Policies to Promote Green Transformation of Enterprises
Currently,the main environmental fiscal and tax policy tools in China are the environmental protection tax and environmental subsidies.Through an analysis of the governance mechanism of environmental fiscal and tax policies promoting enterprises'green transformation,and empirical testing using a double fixed-effects model with 287 listed companies from Shanghai and Shenzhen A-share markets between 2018 and 2022 as research samples,the study found that:the environmental protection tax mainly promotes enterprises'green transformation through emission reduction mechanisms,and increasing R&D investment by enterprises can also facilitate green transformation.To achieve this,it is necessary to emphasize the primary role of the environmental protection tax,continue to improve tax incentives related to green technological innovation,and provide subsidies for eligible enterprises'green R&D investment.
Environmental Protection TaxEnterprise Green TransformationEnvironmental RegulationR&D InvestmentGreen Innovation
NETL
NSTL
万方数据
