A dynamic panel data approach of corporate tax avoidance and debt financing in Nigeria

被引：2

作者：

Sani, Armaya'u Alhaji ^{[1
]}

Kibiya, Isah Umar ^{[2
]}

Al-Absy, Mujeeb Saif Mohsen ^{[3
]}

Muhammad, Muhammad Liman ^{[4
]}

Bala, Hussaini ^{[1
]}

Khatoon, Ghousia ^{[1
]}

Mohammed, Sani Damamisau ^{[5
]}

Garba, Sunusi ^{[6
]}

机构：

[1] Tishk Int Univ, Dept Accounting Banking & Finance, Erbil, Iraq

[2] Yusuf Maitama Sule Univ, Fac Management Sci, Dept Accounting, Kano, Nigeria

[3] Gulf Univ, Coll Adm & Financial Sci, Accounting & Financial Sci Dept, Sanad 26489, Bahrain

[4] Bayero Univ Dutse, Fac Management Sceinces, Dept Accounting, Kano, Nigeria

[5] Fed Univ Dutse, Fac Management Sci, Dept Taxat, Dutse, Nigeria

[6] Fed Univ Dutse, Fac Management Sci, Dept Accounting, Dutse, Nigeria

来源：

COGENT BUSINESS & MANAGEMENT | 2024年 / 11卷 / 01期

关键词：

Tax avoidance; leverage; cash effective tax rate; book to tax difference; cash flow effective tax rare; Collins Ntim; University of Southampton; United Kingdom of Great Britain and Northern Ireland; Business; Management and Accounting; Finance; Economics; CAPITAL STRUCTURE; AGGRESSIVENESS; PERFORMANCE; GOVERNANCE; COST;

D O I：

10.1080/23311975.2024.2316283

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study examines the influence of corporate tax avoidance on the debt financing of listed conglomerate firms in Nigeria. The study utilized documentary data collected from the annual reports and accounts of the sampled companies from 2010 to 2021. The data were analyzed using the Generalized Method of Moments (GMM). The results of the main analysis indicate that CETR and BTD have a negative and strong association with debt policy, proxied by debt to equity and debt to total assets. These findings imply that tax avoidance is positive and therefore more likely to increase the debt capital of listed companies in Nigeria. Hence, it is recommended that the management of conglomerate firms strive to strike a balance between non-debt tax shields and a tax shield in its effort to reduce its taxable income, as the cost of conventional debt is lower.

引用

页数：15

共 50 条

[11] Determinants of Debt Financing Behavior of Unlisted Moroccan Family SMEs: A Panel Data Analysis [J].

Boumlik, Zouhair ;

Oulhadj, Badia ;

Colot, Olivier .

INTERNATIONAL JOURNAL OF FINANCIAL STUDIES, 2025, 13 (01)

[12] DEBT OR PROFIT SHIFTING? ASSESSMENT OF CORPORATE TAX AVOIDANCE PRACTICES ACROSS LITHUANIAN COMPANIES [J].

Kundelis, E. ;

Legenzova, R. ;

Kartanas, J. .

CENTRAL EUROPEAN BUSINESS REVIEW, 2022, 11 (02) :81-100

[13] Quid pro quo? Local government debt and corporate tax avoidance [J].

Xie, Hongji ;

Tian, Cunzhi ;

Wu, Yuanlin .

BRITISH ACCOUNTING REVIEW, 2024, 56 (05)

[14] Local government debt and corporate tax avoidance: Evidence from China [J].

Peng, Pin ;

Lin, Gaoyi .

FINANCE RESEARCH LETTERS, 2024, 59

[15] Local government debt and corporate tax avoidance: Evidence from China [J].

Shen, Zhihan ;

Zhang, Ruipeng ;

Li, Peigong .

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2024, 93 :985-1000

[16] Corporate tax avoidance: data truncation and loss firms [J].

Erin Henry ;

Richard Sansing .

Review of Accounting Studies, 2018, 23 :1042-1070

[17] Corporate tax avoidance: data truncation and loss firms [J].

Henry, Erin ;

Sansing, Richard .

REVIEW OF ACCOUNTING STUDIES, 2018, 23 (03) :1042-1070

[18] Changes in the effect of corporate tax avoidance on the cost of debt over the past 25 years [J].

Lee, Sungsil .

PACIFIC ACCOUNTING REVIEW, 2022, 34 (02) :293-309

[19] Impact of Corporate Political Activity on the Relationship Between Corporate Social Responsibility and Financial Performance: A Dynamic Panel Data Approach [J].

Lin, Woon Leong ;

Ho, Jo Ann ;

Sambasivan, Murali .

SUSTAINABILITY, 2019, 11 (01)

[20] Uncertainty in the macroeconomic environment, corporate tax avoidance and corporate credit financing: evidence from high-tech listed companies in China [J].

Sun, Zhoutianyang ;

Li, Jia .

JOURNAL OF CREDIT RISK, 2024, 20 (04)

← 1 2 3 4 5 →