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

被引：1

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 48 条

[31] Unveiling the impact on corporate social responsibility through green tax and green financing: a PLS-SEM approach [J].

Deb, Bishawjit Chandra ;

Rahman, Md. Mominur ;

Haseeb, Mohammad .

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2024, 31 (01) :1504-1516

[32] Relationship of CEO inside debt and corporate social performance: A data envelopment analysis approach [J].

Wu, Tai-Hsi ;

Lin, Mei-Chen .

FINANCE RESEARCH LETTERS, 2019, 29 :308-314

[33] Capital Structure and Corporate Performance of Nigerian Quoted Firms: A Panel Data Approach [J].

Olokoyo, Felicia Omowunmi .

AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT, 2013, 25 (03) :358-369

[34] The nexus of agricultural exports and performance in Malaysia: a dynamic panel data approach [J].

Reaz, Md. ;

Bowyer, Dorothea ;

Vitale, Connie ;

Mahi, Masnun ;

Dahir, Ahmed Mohamed .

JOURNAL OF AGRIBUSINESS IN DEVELOPING AND EMERGING ECONOMIES, 2020, 10 (05) :545-556

[35] Leverage strategies of Indian telecom sector: a dynamic panel data approach [J].

Khan, Tasneem ;

Shamim, Mohd ;

Khan, Mohammad Azeem .

INDIAN GROWTH AND DEVELOPMENT REVIEW, 2022, 15 (01) :139-164

[36] E-commerce and Exports in Europe: A Dynamic Panel Data Approach [J].

Kastratovic, Radovan ;

Bjelic, Predrag .

INTERNATIONAL TRADE JOURNAL, 2022, 36 (06) :502-526

[37] The growth of university spin-offs: a dynamic panel data approach [J].

Jesus Rodriguez-Gulias, Maria ;

Rodeiro-Pazos, David ;

Fernandez-Lopez, Sara .

TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 2017, 29 (10) :1181-1195

[38] Determinants of tourist employment in Brazilian microregions: A dynamic panel data approach [J].

Ribeiro, Luiz Carlos De Santana ;

Dos Santos, Fernanda Rodrigues ;

De Moura, Fabio Rodrigues ;

Montenegro, Rosa Livia Goncalves ;

Freitas, Elton Eduardo .

JOURNAL OF REGIONAL SCIENCE, 2024, 64 (05) :1622-1646

[39] What drives the banks' diversification decision? A dynamic nonlinear panel data approach [J].

Ammar, Nesrine ;

Boughrara, Adel .

MANAGERIAL AND DECISION ECONOMICS, 2019, 40 (08) :907-922

[40] Enhancing the measurement of firm inefficiency accounting for corporate social responsibility: A dynamic data envelopment analysis fuzzy approach [J].

Aparicio, Juan ;

Kapelko, Magdalena ;

Ortiz, Lidia .

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 2023, 306 (02) :986-997

← 1 2 3 4 5 →