ارائه الگويي جهت تبيين نقش معافيت مالياتي و تصميمات تأمين مالي و سرمايه‌گذاري بر عملكرد شركت‌هاي سرمايه‌گذار در منطقه ويژه اقتصادي اميرآباد

Providing a model to explain the role of tax exemptions and financing and investment decisions on the performance of investment companies in the special economic zone of Amirabad

عملكرد مي‌تواند براساس ميزان سرمايه‌گذاري شركت، تأمين مالي و همچنين مشوق‌هاي مالياتي همچون معافيت‌هاي مالياتي مناطق ويژه اقتصادي تحت‌الشعاع قرار گيرد. هدف مطالعه حاضر ارائه الگويي جهت تبيين نقش معافيت مالياتي و تصميمات تأمين مالي و سرمايه‌گذاري بر عملكرد شركت‌هاي سرمايه‌گذار در منطقه ويژه اقتصادي اميرآباد بوده است. محيط پژوهش منطقه ويژه اقتصادي اميرآباد در استان مازندران و جامعه پژوهش شركت‌هاي در حال بهره‌برداري در منطقه بود. در اين راستا تعداد 101 پرسشنامه به شيوه نمونه‌گيري تصادفي از بين مديرعاملان يا معاون اداري و مالي، مدير مالي، رئيس حسابداري و كارشناس و كارشناس مسئول درآمد و حسابداري گردآوري شد. در همين راستا داده‌ها از طريق نرم‌افزارهاي SPSS و SmartPLS، مورد تجزيه‌ و تحليل قرار گرفتند. نتايج حاصل از آزمون فرضيات پژوهش حاكي از تأثير مثبت و معنادار معافيت‌هاي مالياتي بر تصميمات تأمين مالي و سرمايه‌گذاري است. همچنين تصميمات تأمين مالي و سرمايه‌گذاري در نهايت به افزايش عملكرد شركت‌هاي سرمايه‌گذار در منطقه ويژه اقتصادي اميرآباد منتج مي‌شود.

Performance can be overshadowed by the company's investment, financing, as well as tax incentives such as special economic zone tax exemptions. As tax breaks increase, companies have more access to financing sources and thus can invest more. Finally, with increasing investment and financing, one can expect the company's performance to improve. Therefore, the purpose of this study was to provide a model to explain the role of tax exemption and financing and investment decisions on the performance of investment companies in the Amirabad Special Economic Zone. The research environment was Amirabad Special Economic Zone in Mazandaran province and the research community was the companies operating in the region. In this regard, 101 questionnaires were collected by random sampling method from the managing director or administrative and financial deputy, financial manager, chief accounting officer and expert in charge of revenue and accounting. In this regard, the validity was confirmed based on the formal and content method and the reliability was based on Cronbach's alpha of 0.892 and was confirmed. Data were analyzed using SPSS and SMART PLS software. The results of testing the research hypotheses indicate a positive and significant effect of tax exemptions on financing and investment decisions. Also, financing and investment decisions ultimately lead to increasing the performance of investment companies in the Amirabad Special Economic Zone. In addition, tax exemptions directly (in addition to indirect effects through the mediating role of financing and investment decisions) increase performance. Also, in companies with tax exemptions, the role of financing on performance is not significant. In companies without tax exemption, this effect is significant.