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Tax burden, corporate innovation and supply chain resistance

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  • Niu, Qian
  • Peng, Yan

Abstract

In this paper, the impact of the corporate tax burden on supply chain resistance is studied using data on Chinese A-share listed companies from 2012 to 2022. The results show that a higher tax burden reduces enterprises’ supply chain resistance. Mechanism analysis shows that the corporate tax burden reduces corporate supply chain resistance through its effects on corporate innovation, especially reductions in high-quality innovation. Heterogeneity analysis shows that while the negative impact of tax burden on supply chain resistance is widespread, its intensity varies depending on the region where the firm is located, the degree of marketization, ownership type, firm size, and industry characteristics. This paper provides important empirical evidence and policy implications for optimizing tax policy design and promoting improvements to enterprises’ supply chain resistance.

Suggested Citation

  • Niu, Qian & Peng, Yan, 2026. "Tax burden, corporate innovation and supply chain resistance," Finance Research Letters, Elsevier, vol. 88(C).
    • Handle: RePEc:eee:finlet:v:88:y:2026:i:c:s1544612325025826
    DOI: 10.1016/j.frl.2025.109333
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    References listed on IDEAS

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