IMPACT OF FIRM FINANCIAL ATTRIBUTES ON TAX AVOIDANCE IN NIGERIAN FOOD AND BEVERAGE INDUSTRIES

Authors

  • John, Stephen MSc. Scholar, Department of Accounting, Taraba State University, Jalingo.
  • Olayinka Gabriel Motunrayo Department of Accounting, Taraba State University, Jalingo
  • Idiku Markus M.Sc. scholar, Department of Accounting, Taraba State University, Jalingo

Keywords:

Attributes, Financial Attributes, Tax, Tax avoidance

Abstract

This paper examines the impact of firm financial attributes on tax avoidance of listed food and beverages industries in Nigeria from 2010-2018. Data for the study was collected from the annual reports and accounts of the 17 sampled companies and regression analysis was used as a technique for data analysis. The study finds that there is an insignificant negative
relationship between firm size (FS), leverage (LEV), profitability (PRF) and tax avoidance using ETR as a measure. Firm age (FAGE) and liquidity (LIQ) however exhibits a positive significant relationship with ETR. The study recommends that food and beverages firms in Nigeria should always strengthen their financial attributes and continue to maximize opportunities and advantages that align to older firms operating in the market for better improvement in operations and increase in tax avoidance, since older firms are able to enjoy larger economic of scales.

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Published

2022-01-15

How to Cite

John, S., Olayinka, G. M., & Idiku, M. (2022). IMPACT OF FIRM FINANCIAL ATTRIBUTES ON TAX AVOIDANCE IN NIGERIAN FOOD AND BEVERAGE INDUSTRIES. TSU-International Journal of Accounting and Finance, 1(2), 102–111. Retrieved from https://tsuijafc.k-publisher.com/index.php/tsuijaf/article/view/35

Issue

Vol. 1 No. 2 (2022): January, 2022

Section

Articles