| _version_ | 1866902332162179072 |
|---|---|
| author | Odunsi,, Oluwasegun Temitayo Adedeji, Samuel Babatunji Alao, Abdul-Azeez Adeniyi |
| author_facet | Odunsi,, Oluwasegun Temitayo Adedeji, Samuel Babatunji Alao, Abdul-Azeez Adeniyi |
| contents | <p> This study investigated the effect of firm attributes on tax avoidance among listed <br>manufacturing companies in Nigeria. Ex-post facto design was employed in the study with <br>secondary data being gathered from published annual reports of these companies from 2012 <br>up to 2021. Hypothesis was tested using the Ordinary Least Squares (OLS) approach. The <br>results portrayed a positive relationship between firm leverage (FIL) and tax avoidance, <br>though this relationship was not statistically significant at 5 percent level (p > 0.05). This <br>shows that big-sized companies among manufacturing companies quoted in Nigeria tend to <br>be more tax aggressive. The study concluded that firm attributes do not significantly affect <br>tax avoidance in these companies. Consequently, it suggested that the Federal Inland <br>Revenue Service (FIRS) need to promote transparency in tax reporting by encouraging <br>companies to disclose their tax planning strategies, particularly given the significant <br>influence of larger boards of directors on tax behavior. Also, offering tax benefits by the <br>government to firms that engage in sustainable practices, research and development, and <br>employee training is important to steer profitable companies away from aggressive tax <br>strategies and promote socially responsible business behaviour.</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_15647720 |
| institution | Zenodo |
| language | eng |
| publishDate | 2024 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | Firm Attributes and Tax Avoidance in Nigerian Listed Manufacturing Companies Odunsi,, Oluwasegun Temitayo Adedeji, Samuel Babatunji Alao, Abdul-Azeez Adeniyi Firm Attributes Firm Leverage Firm Growth Capital Intensity <p> This study investigated the effect of firm attributes on tax avoidance among listed <br>manufacturing companies in Nigeria. Ex-post facto design was employed in the study with <br>secondary data being gathered from published annual reports of these companies from 2012 <br>up to 2021. Hypothesis was tested using the Ordinary Least Squares (OLS) approach. The <br>results portrayed a positive relationship between firm leverage (FIL) and tax avoidance, <br>though this relationship was not statistically significant at 5 percent level (p > 0.05). This <br>shows that big-sized companies among manufacturing companies quoted in Nigeria tend to <br>be more tax aggressive. The study concluded that firm attributes do not significantly affect <br>tax avoidance in these companies. Consequently, it suggested that the Federal Inland <br>Revenue Service (FIRS) need to promote transparency in tax reporting by encouraging <br>companies to disclose their tax planning strategies, particularly given the significant <br>influence of larger boards of directors on tax behavior. Also, offering tax benefits by the <br>government to firms that engage in sustainable practices, research and development, and <br>employee training is important to steer profitable companies away from aggressive tax <br>strategies and promote socially responsible business behaviour.</p> |
| title | Firm Attributes and Tax Avoidance in Nigerian Listed Manufacturing Companies |
| topic | Firm Attributes Firm Leverage Firm Growth Capital Intensity |
| url | https://doi.org/10.5281/zenodo.15647720 |