Analysis of Research Trends and Progress on the Impact of Environmental Protection Tax on Listed Companies in China

Abstract

The implementation of environmental protection tax increases the protection of the environment at the legal level, but also increases the input of enterprises and affects the final output of enterprises. If enterprises cannot make timely adjustments to reduce operating costs and improve operational efficiency, it will lead to longer turnaround time in the market, which in turn will lead to a broken capital chain or even bankruptcy. Therefore, based on the current stage of research on the impact of environmental protection tax on enterprises, the results of this paper show that (1) domestic research on environmental tax has entered a plateau in research from focusing on the basic theory of environmental tax and foreign experience in environmental tax collection to constructing China's environmental tax system and then exploring the collection and management of environmental tax and its effects. (2) Some scholars believe that scientific and suitable environmental regulations can appropriately stimulate enterprises to innovate and make their operational capacity and profitability improve, which in turn can offset or even exceed the negative effects brought by environmental regulations. (3) Some scholars believe that the imposition of environmental protection tax will increase the cost of products and operating costs of enterprises, which will inhibit the efficiency of enterprises and have a negative impact on the operation and future development of enterprises.