Social Insurance Contribution Rate Reduction and Firm Activity Evidence from Big Data of Chinese Enterprises

2021 ◽  
Author(s):  
Yuxiao Chen ◽  
Kaiwen She ◽  
Shaoyang Zhao
Keyword(s):  
Big Data ◽  
Social Insurance ◽  
Contribution Rate ◽  
Rate Reduction ◽  
Chinese Enterprises ◽  
Social Insurance Contribution ◽  
Firm Activity ◽  
Insurance Contribution

scholarly journals Bracket Creep Revisited – with and without r > g: Evidence from Germany

2016 ◽  
pp. 106
Author(s):  
Junyi Zhu
Keyword(s):  
Income Distribution ◽  
Income Tax ◽  
Social Insurance ◽  
Inflation Rate ◽  
Household Finance ◽  
Capital Income ◽  
Social Insurance Contribution ◽  
Micro Simulation ◽  
Redistributive Effect ◽  
Insurance Contribution

Using German income distribution in 2009, this article studies the redistributive and revenue effects of bracket creep under various inflation scenarios. We develop a tax micro-simulation model for the newly available Panel on Household Finance (PHF) data. The simulation yields an inverted U-shaped overall redistributive effect of the income tax and social insurance contribution system with respect to the inflation rate, which contrasts with Immervoll (2005), who finds that fiscal drag always enhances the equalising effect. The nominal income growth as well as the deterioration of tax progression at the middle and top of the income distribution between 1998 and 2009 can be the impetus for this change. This result implies that delaying adjustment might reduce redistribution. We also suggest that these results might not be restricted solely to Germany. Additionally, when we introduce the empirical evidence that capital income grows faster than non-capital income r > g, the dual tax system with a flat capital income tax implemented in 2009 further disequalises the after-tax income substantially. Allowing inflation compensation to lean towards the poor by boosting their share of capital income may not be favourable to redistribution.

scholarly journals Financial Imbalance Risk and Its Control Strategy of China’s Pension Insurance Contribution Rate Reduction

2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Peng Jing ◽  
Cai Chang ◽  
Heng Zhu ◽  
Qiuming Hu
Keyword(s):  
Control Strategy ◽  
Control Strategies ◽  
System Reform ◽  
Contribution Rate ◽  
Rate Reduction ◽  
Pension Insurance ◽  
External Finance ◽  
Single Strategy ◽  
Actuarial Model ◽  
Insurance Contribution

Within the context of China’s Urban Employees’ Basic Pension Insurance (UEBPI), this paper constructs an actuarial model to analyze the financial imbalance risk of contribution rate reduction and to investigate the possibility of further reducing the contribution rate. It is found that the UEBPI fund would show financial imbalance risk in 2024 if the contribution rate is 16%, and no control strategy is introduced. In the case of single strategy (the collection system reform, delay of retirement age, or the introduction of external finance), the financial sustainability of the UEBPI fund could be improved to some extent, whereas the financial imbalance risk remains huge. In the case of a package of control strategies being implemented, the UEBPI fund could be able to continue its operation until 2060, and the contribution rate can be further reduced by 0–4 percentage. Therefore, the implementation of a package of control strategies presents a prerequisite for controlling the financial imbalance risk and further reducing the contribution rate.

scholarly journals Analysis of Enterprise Strategic Management Issues and Coping Strategies Based on Big Data Analysis

2020 ◽  
Vol 214 ◽  
pp. 01017
Author(s):  
Ziqi ZHONG ◽  
Wang Haoran ◽  
WANG JUNSHENG
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Strategic Management ◽  
Big Data Analysis ◽  
Practical Significance ◽  
Enterprise Management ◽  
Chinese Enterprises ◽  
Corporate Strategic Management ◽  
The Times ◽  
And Coping

Corporate strategic management is an important management mode that affects the development of an enterprise. It plays a very important role in the development of corporate strategic management. In recent years, information technology has developed rapidly, data is frequently updated, and huge amounts of data are generated every day. Social development has entered the era of big data, which makes enterprises face more opportunities and challenges in formulating strategies and operating management. In order to enable enterprises to adapt to the development of the times and obtain healthy and sound development results. This article analyzes and summarizes the new characteristics of enterprise management in the context of big data, and applies big data analysis technology to the environmental analysis of enterprises, and points out the problems of strategic management of enterprises in the context of big data. This article aims at the current problems and proposes specific strategies after in-depth research, which provides a reference basis for strategic management of enterprises in the era of big data. It has certain practical significance and can help Chinese enterprises quickly adapt to the new environment.

Impacts of social insurance on firm performance: evidence from Vietnamese small- and medium-sized enterprises

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
The Nguyen Huynh
Keyword(s):  
Firm Performance ◽  
Labor Productivity ◽  
Social Insurance ◽  
Generalized Method Of Moments ◽  
Three Dimensions ◽  
Content Type ◽  
Return On Equity ◽  
Social Insurance Contribution ◽  
Insurance Costs ◽  
The Impact

PurposeThis article analyzes the impact of social insurance on firm performance by obtaining evidence from Vietnamese small- and medium-sized enterprises.Design/methodology/approachThe method employed in the research is the generalized method of moments for testing hypotheses of data collected from the General Statistics Office of Vietnam.FindingsThe results show that social insurance contributions can enhance firm performance in three dimensions: return on equity (ROE), labor productivity and total factor productivity (TFP). In addition, financial leverage, firm size, the average wage of workers and fixed assets have an impact on the social insurance costs of these companies.Originality/valueThis article provides a novel explanation of the contribution of social insurance to firm performance. In particular, social insurance contribution not only increases labor productivity but also boosts the growth of the TFP of companies. In addition, the article points out that taking care of the benefits of employees is a valuable investment of companies. These are the unique contributions of the paper to the literature on the economic impact of social insurance.

Sign in / Sign up

Export Citation Format

Share Document