DETERMINANTS OF CORPORATE TAX AGGRESSIVENESS IN NIGERIA MANUFACTURING SECTOR

Omoruyi, Bright Inuaghata, Mary, Josiah and Uzamere, Jim Onaiwu
Additional contact information
Omoruyi, Bright Inuaghata: Department of Accounting
Mary, Josiah: Department of Accounting
Uzamere, Jim Onaiwu: Department of Accounting

Journal of Forensic Accounting & Fraud Investigation (JFAFI), 2021, vol. 6, issue 1, 192-209

Abstract: This study centered on the determinants of corporate tax aggressiveness in Nigeria manufacturing sector. The broad objective of this study was to determine the extent to which profitability, firm size, leverage, multi-nationality influence tax aggressiveness. Samples of fourty (40) quoted manufacturing on the Nigerian Stock Exchange were conveniently selected for a period of four (4) years (2015 – 2018). The Ordinary Least Square (OLS) regression technique was employed in estimating the data. The study found that there is a negative and insignificant relationship between profitability, multinationality and tax aggressiveness, while leverage and firm's size exhibited a positive and insignificant association with tax aggressiveness. In line with the findings, the researcher recommended that review the tax laws to ensure that the various loopholes which give companies room to engage in tax aggressive practices is greatly minimized

Keywords: Firm size; Leverage; Multinational; Profitability; Tax aggressiveness (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.afarng.org/wp-content/uploads/2022/03/ ... 2021-cover-pages.pdf Full text

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:ris:jfaafi:0040

Access Statistics for this article

Journal of Forensic Accounting & Fraud Investigation (JFAFI) is currently edited by Suleiman A. S. Aruwa

More articles in Journal of Forensic Accounting & Fraud Investigation (JFAFI) from Association of Forensic Accounting Researchers (AFAR) Contact information at EDIRC.
Bibliographic data for series maintained by Daniel Akanbi ().