IMPACT OF FIRM SPECIFIC ATTRIBUTES ON CORPORATE TAX AGGRESSIVENESS OF LISTED MANUFACTURING FIRMS IN NIGERIA
Journal Title: Gusau Journal of Accounting and Finance - Year 2020, Vol 1, Issue 2
Abstract
This study investigates the impact of firm specific attributes on corporate tax aggressiveness by listed manufacturing companies in Nigeria. Firm attributes in this study were measured by firm profitability, firm leverage, capital intensity, firm growth and firm size. While corporate tax aggressiveness was proxy using effective tax rate (ETR). Hypothesis was tested using data obtained from annual report of 48 listed manufacturing companies on Nigeria Stock Exchange from 2015 to 2019. The study was anchored on agency theory and political cost theory. Diagonistic tests such as multicollinearity, heteroskedatiscity, hausman test and woodbridge test for auto correlation were conducted. Applying robust fixed effect regression, the result shows that leverage and capital intensity has a significant positive influence on corporate tax aggressiveness while profitability has a significant negative influence on corporate tax aggressiveness. However, firm size and firm growth were found to have insignificant relationship withcorporate tax aggressiveness.
Authors and Affiliations
Kayode Ishola Abdulkadir, Saheed Olanrewaju Issa, Yusuf Danlami Yunusa
Keywords
Related Articles
- EP ID EP709188
- DOI -
- Views 66
- Downloads 0
EFFECT OF FINANCIAL LEVERAGE ON STOCK RETURNS OF LISTED COMPANIES IN NIGERIA CAPITAL MARKET
This study investigated the effect of financial leverage on stock returns of listed companies in Nigeria. The study population is listed companies in Nigeria capital market. The adjusted population is 103 companies. Mon...
WORKING CAPITAL MANAGEMENT AND THE FINANCIAL PERFORMANCE OF LISTED OIL AND GAS COMPANIES IN NIGERIA
Working capital is required for steering the day to day operations of an organization and hence its importance. This study examines the impact of working capital management on the financial performance of listed oil and...
BANK SPECIFIC FACTORS AND ASSET QUALITY OF LISTED DEPOSIT MONEY
This study examined the effect of bank specific factors on asset quality of listed deposit money banks in Nigeria. Asset quality was proxied by nonperforming assets whereas the independent variables include Return on Ass...
FIRM SPECIFIC ATTRIBUTES AND FINANCIAL PERFORMANCE OF LISTED INSURANCE COMPANIES IN NIGERIA
The financial performance of Nigerian insurance firms has been seen as weak and poor. Owing to the weakness of the insurance sector, the study therefore examined the effect of insurance specific attributes on financial...
EFFECT OF FIRM SIZE ON EXPECTED RETURNS OF LISTED COMPANIES IN NIGERIA CAPITAL MARKET
Over the years, Nigeria capital market has experienced persistent decrease in performance. Investment decision is one of the key corporate decisions that affect firm financial performance. This study investigated the eff...