Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024)

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Tax Planning and Sustainable Growth: The Mediating Role of R&D Investment in China

Authors
Yaru Liang1, Jinglun Zhang2, Cheng Cheng1, *
1Business School, Shanghai Normal University Tianhua College, Shanghai, China
2School of Communication, University Sains Malaysia, Penang, Malaysia
*Corresponding author. Email: cc2549@sthu.edu.cn
Corresponding Author
Cheng Cheng
Available Online 15 April 2025.
DOI
10.2991/978-94-6463-676-5_17How to use a DOI?
Keywords
tax planning; firm sustainable growth; R&D investment
Abstract

Amid increasing external uncertainties, firms are prioritizing the optimization of internal resources to drive sustainable growth. This study examines the economic impact of tax planning on corporate sustainable growth, focusing on the mediating role of R&D investment in this process. Using data from Chinese A-share listed biomedical companies from 2013 to 2022, our findings reveal that corporate tax planning not only enhances sustainable growth directly but also indirectly promotes it by encouraging R&D investments. While R&D expenditures may initially dampen short-term growth due to extended development cycles, they ultimately catalyze innovation and technological advancements that support long-term sustainability. This research contributes to the economic literature by providing an empirical analysis of tax policy’s role in fostering sustainable corporate growth within developing economies. Our dual-pathway findings underscore the strategic value of tax planning as a tool for sustainable innovation and competitive advantage. Insights from this study are particularly valuable for policymakers and business strategists focused on strengthening corporate sustainability and economic resilience.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
15 April 2025
ISBN
978-94-6463-676-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-676-5_17How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yaru Liang
AU  - Jinglun Zhang
AU  - Cheng Cheng
PY  - 2025
DA  - 2025/04/15
TI  - Tax Planning and Sustainable Growth: The Mediating Role of R&D Investment in China
BT  - Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024)
PB  - Atlantis Press
SP  - 147
EP  - 159
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-676-5_17
DO  - 10.2991/978-94-6463-676-5_17
ID  - Liang2025
ER  -