中文摘要：

由于间接税具有易于转嫁的性质，企业所缴纳的流转税并不能代表其实际负担的税收。因此，在探讨“营改增”对企业流转税税负的影响时，我们应将税负转嫁因素考虑进来。本文从税负转嫁出发，首次基于企业议价能力的视角，利用2010—2012年上市公司的数据研究“营改增”对企业实际流转税税负的影响。结果发现：（1）供应商的议价能力越低，企业的名义流转税税负在“营改增”后上升幅度越大，但其绩效并没有因此而下降；（2）经销商的议价能力越低，企业的名义流转税税负在“营改增”后上升幅度越大，但其绩效并没有因此而下降。进一步地，本研究表明，企业的议价能力会对税收政策的实施效果与目的是否一致产生重要的影响，政府和企业在做决策时都应将其考虑进来。

英文摘要：

As the indirect tax is easy to shift, the turnover tax paid by enterprises cannot represent their actual tax burden. Thus, we should take tax shifting into account when discussing the impact of ＂Replacing Business Tax with VAT＂ on business turnover tax burden. In this paper, we start from the tax shifting, based on the perspective of enterprise bargaining power for the first time, using listed companies＇ data from 2010 to 2012, to research ＂Replacing Business Tax with VAT＂ impact on business real turnover tax burden. The findings are as follows. （1）The lower the bargaining power of buyers is, the higher the tax burden changes after ＂Replacing Business Tax with VAT＂ will be. However, there is no significant influence on the companies＇ performance among enterprises with different bargaining power of buyers. （2）The lower the bargaining power of suppliers is, the higher the tax burden changes after ＂Replacing Business Tax with VAT＂ will be. However, there is no significant influence on the companies＇ performance among enterprises with different bargaining power of suppliers. This paper confirms that company＇s bargaining power is an important factor in deciding the consistency between the tax policy＇s output and its goal. Therefore, it must take the enterprises＇ bargaining power into account when the government and enterprises make decisions.