Inventory planning and tax incentives for charitable giving

IF 4.8 3区管理学 Q1 BUSINESS, FINANCE Review of Accounting Studies Pub Date : 2024-02-01 DOI:10.1007/s11142-023-09818-0

引用次数: 0

Abstract

Many of America’s top corporate donors share a common feature: the bulk of their giving is in the form of in-kind products, not cash. This phenomenon is not a coincidence but rather closely tied to the tax code creating such a preference due to an enhanced deduction for inventory donations. We examine a model of inventory choice under uncertainty and demonstrate that enhanced tax deductions not only promote giving, they also notably influence inventory planning and accelerate learning of customer demand. The results confirm that enhanced deductions can be used to promote pro-social behaviors such as boosting charitable giving, aligning inventories with consumer needs, and alleviating supply chain shortages. The results also demonstrate the potential risks of excessive tax preferences for inventory donations, including inflated retail prices and additional environmental waste.

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库存规划和慈善捐赠的税收优惠政策

摘要美国许多顶级企业捐赠者都有一个共同特点：他们的大部分捐赠都是以实物产品而非现金的形式进行的。这一现象并非巧合，而是与税法对存货捐赠增加扣除额而产生的这种偏好密切相关。我们对不确定条件下的库存选择模型进行了研究，结果表明，增加税收扣除不仅能促进捐赠，还能显著影响库存规划，加快对客户需求的了解。结果证实，强化扣税可以用来促进亲社会行为，如推动慈善捐赠、根据消费者需求调整库存以及缓解供应链短缺。研究结果还证明了对库存捐赠给予过度税收优惠的潜在风险，包括抬高零售价格和增加环境浪费。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Review of Accounting Studies BUSINESS, FINANCE-

CiteScore

7.90

自引率

7.10%

发文量

期刊介绍： Review of Accounting Studies provides an outlet for significant academic research in accounting including theoretical, empirical, and experimental work. The journal is committed to the principle that distinctive scholarship is rigorous. While the editors encourage all forms of research, it must contribute to the discipline of accounting. The Review of Accounting Studies is committed to prompt turnaround on the manuscripts it receives. For the majority of manuscripts the journal will make an accept-reject decision on the first round. Authors will be provided the opportunity to revise accepted manuscripts in response to reviewer and editor comments; however, discretion over such manuscripts resides principally with the authors. An editorial revise and resubmit decision is reserved for new submissions which are not acceptable in their current version, but for which the editor sees a clear path of changes which would make the manuscript publishable. Officially cited as: Rev Account Stud

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