Paper Title :Impact of Replacement of Business Tax by Vat on Cash-Cash Flow Sensitivity Basing on Lifecycle
Author :Qiao Ruilei, Chen Lianghua
Article Citation :Qiao Ruilei ,Chen Lianghua ,
(2018 ) " Impact of Replacement of Business Tax by Vat on Cash-Cash Flow Sensitivity Basing on Lifecycle " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 33-36,
Volume-4,Issue-7
Abstract : Enterprise lifecycle leads to different characteristics of different stages. Which stage of lifecycle benefit more
from the replacement of business tax by VAT is essential to the research of policy effect on enterprises? This paper studies
the impact of replacement of business tax by VAT on cash-cash flow sensitivity so as to discover the leading effect of the
reform. The results show that the impact of replacement of business tax by VAT on cash-cash flow sensitivity is obvious in
growing period enterprises, less obvious in maturity period enterprises, and has nothing to do with recession period
enterprises. The effects on growing enterprises can contribution to the development of growing enterprises and rational
allocation of resources, which can finally promote supply-side reform.
Index terms - Replacement of business tax by VAT; Enterprise lifecycle; Cash-cash flow sensitivity
Type : Research paper
Published : Volume-4,Issue-7
DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-12868
View Here
Copyright: © Institute of Research and Journals
|
 |
| |
 |
PDF |
| |
Viewed - 53 |
| |
Published on 2018-08-29 |
|