Institutional Ownership and Ownership Concentration and Tax Aggressiveness of Listed Consumer Goods Firms in Nigeria

M. Solomon, Ph.D Aza,, Emmanuel Kayode, Ph.D Daniel, and Ilemona Omonu Audu
Additional contact information
M. Solomon, Ph.D Aza,: Department of Accounting, Faculty of Administration, Nasarawa State University, Keffi, Nasarawa State – Nigeria
Emmanuel Kayode, Ph.D Daniel,: Department of Accounting, Faculty of Administration, Bingham University, Karu, Nasarawa State – Nigeria
Ilemona Omonu Audu: Department of Accounting, Faculty of Administration, Bingham University, Karu, Nasarawa State – Nigeria

International Journal of Research and Innovation in Social Science, 2023, vol. 7, issue 5, 1813

Abstract: Poor corporate governance practice have been cited as one of the causes of the corporate collapses noticed among firms in Nigeria. This study examined institutional ownership, ownership concentration and tax aggressiveness of listed consumer goods firm in Nigeria covering the period of twelve (12) year 2010-2021. The study adopted ex-post facto research design and secondary data was used for analysis which was obtained from Nigerian Exchange Group. Panel regression analysis technique was used to analyse research data. The result showed that institutional ownership and ownership concentration has a negative significant effect on tax aggressiveness of consumer goods firm in Nigeria. The study therefore concludes that study institutional ownership and ownership concentration has insignificant effect on tax aggressiveness of consumer good firm in Nigeria. Therefore the study recommend that Management of consumer goods firm should not give more attention to the institutional shareholders due to negative influence effect it has on the firm tax aggressiveness.

Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rsisinternational.org/journals/ijriss/ ... e-7-issue-5/1813.pdf (application/pdf)
https://www.rsisinternational.org/journals/ijriss/ ... ds-firms-in-nigeria/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:7:y:2023:i:5:p:1813

Access Statistics for this article

International Journal of Research and Innovation in Social Science is currently edited by Dr. Nidhi Malhan

More articles in International Journal of Research and Innovation in Social Science from International Journal of Research and Innovation in Social Science (IJRISS)
Bibliographic data for series maintained by Dr. Pawan Verma ().