Board attributes and corporate tax avoidance: An explanatory mixed method investigation

Salihu, Ibrahim Aramide; Kawi, Farahiyah

doi:10.5897/jat2021.0455

Cited by 7 publications

(14 citation statements)

References 63 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The implication is that the greater the independence of board members the increase in the level of level of tax compliance among listed consumer and industrial companies in Nigeria. The finding is consistent with the existing research results of Ofurum and Torbira (2018); Ibobo et al (2019); Lakeke (2020) and Ibrahim and Farahiyah (2021), where board independence has significant positive relationship with the tax compliance. In contrast, the result contradicts the work of Zhou (2019); Herimain andWeisbach (2021) andFranciset al (2021), where firm size has no significant relationship with the tax compliance.…”

Section: Table 1: Results Of Descriptive Statistics Of the Variablessupporting

confidence: 92%

“…The result showed that board independence has no significant influence on tax compliance. Ibrahim and Farahiyah (2021) utilized panel data analysis to evaluate the impact of board independence on tax compliance of Tunisian listed firms. A period of ten years ranging from 2012 to 2020 were observed on fifty listed firms.…”

Section: Board Independence and Tax Compliancementioning

confidence: 99%

See 1 more Smart Citation

Corporate Governance and Tax Compliance of Quoted Manufacturing Companies in Nigeria

SOYINKA¹,

JINADU²,

DABO³

et al. 2022

IJEBMR

View full text Add to dashboard Cite

This study examined the impact of corporate governance attributes on tax compliance of 40 quoted consumer and industrial companies in Nigeria. It also looked at whether tax compliance is influenced by board independence and board gender. A correlational research design was adopted to test the association between and among the variables. In addition, the corporate annual reports and website for the periods 2016-2020 were utilized as the main sources of secondary data. In testing the research hypotheses and to ascertain the significant effect of the variables, the study utilized panel estimation technique method of data analysis. The findings revealed a significant positive relationship between board independence, board gender and tax compliance. The study, therefore, recommended that the Nigerian consumer and industrial companies should increase the members of board in relation to their independence and gender diversity in order to enhance the level of tax compliance.

show abstract

Section: Table 1: Results Of Descriptive Statistics Of the Variablessupporting

confidence: 92%

Section: Board Independence and Tax Compliancementioning

confidence: 99%

Corporate Governance and Tax Compliance of Quoted Manufacturing Companies in Nigeria

SOYINKA¹,

JINADU²,

DABO³

et al. 2022

IJEBMR

View full text Add to dashboard Cite

show abstract

“…With greater distributable resources, larger boards could improve their capability to spread oversight responsibilities (Abdul Wahab et al, 2017). The agency theory postulates that a small BOD leads to effective monitoring and improved performance, while a larger BOD would lower effectiveness (Ibrahim & Farahiyah, 2021). However, some studies argue that a larger BOD, representing greater resources and expertise, enhances the capacity to allocate oversight functions among more board members, thus contributing to effective monitoring (Iazzi et al, 2023).…”

Section: Board Attributementioning

confidence: 99%

“…Prior literature has explored the significance of board attributes on TA, for example, board size (Boussaidi & Hamed, 2015), board independence (Kerr et al, 2021), board gender diversity (Hoseini et al, 2019;Jarboui, Kachouri Ben Saad, & Riguen, 2020), and CEO duality (Chytis et al, 2019;Kolias & Koumanakos, 2022) with mixed results. In the Malaysian context, recent prior studies on board characteristics' relationship with corporate TA were examined using financial data before the implementation of MCCG 2017 (Ibrahim & Farahiyah, 2021), and board gender diversity was analysed separately from other board attributes (Rakia, Kachouri, & Jarboui, 2023).…”

Section: Introductionmentioning

confidence: 99%

The Influence of Board Attributes towards Tax Avoidance: Evidence from Malaysian Public Listed Companies

Syaqireen Azmi,

Hamid,

Ismail

et al. 2024

AFR

View full text Add to dashboard Cite

The objective of the research is to examine the relationship between board attributes and TA among publicly listed companies. This study utilised a quantitative approach using secondary data from companies listed on the Bursa Malaysia Top 100 Index. The final sample consists of 79 firms. The annual reports from 2018 to 2022 were used for data collection, with 395 firm-year observations. The dependent variable was TA, which was proxied by the effective tax rate, and the independent variables were board size, board independence, board gender diversity, and CEO duality. This study shows a negative and significant relationship between board size and TA. Meanwhile, there is no association between board independence, board gender diversity, and CEO duality, and TA. This research focused on one facet of CG, namely the board attributes, and only four variables are included in this study. Hence, it provides a narrow view of the relationship between CG and TA. Besides that, this research was conducted in the Malaysian context and thus may differ from research conducted in other countries. The outcome of this study could offer useful insights to investors and other stakeholders in their decision-making process. Besides that, regulators can reference this study to strengthen the CG codes to protect stakeholder interests.

show abstract

“…However, Murni et al (2016); Yuniarwati et al (2017) fail to find any relationship between board independence and tax avoidance. Using Malaysia as a research setting, Ibrahim and Farahiyah (2021) studies on the relationship between the board's independence and corporate tax avoidance. The quantitative data came from the annual reports of the top 100 Malaysian companies based on FTSE tradable index.…”

Section: Board Size and Tax Avoidancementioning

confidence: 99%

Corporate Governance, Audit Oversight Board and Tax Avoidance: Malaysian Family Listed Firms

Rahman¹,

Salleh²,

Zamri³

et al. 2023

IJARBSS

View full text Add to dashboard Cite

The aim of this study is to examine the impact of corporate governance and Audit Oversight Board (AOB) on tax avoidance of family-owned listed on Bursa Malaysia. Consistent with prior research, this study uses effective taxes rate (ETR) to measure tax avoidance. Using a sample of 1,333 firm-year observations of Malaysian family-owned public listed companies from 2014 to 2018, this study finds corporate governance and AOB affects tax avoidance practice. In particular, the findings indicate that there are significant and negative relationship between audit committee size and AOB and ETR. The results suggest that audit committee size and AOB are the most effective corporate governance mechanism in mitigating tax avoidance strategies of such firms.

show abstract

Board attributes and corporate tax avoidance: An explanatory mixed method investigation

Cited by 7 publications

References 63 publications

Corporate Governance and Tax Compliance of Quoted Manufacturing Companies in Nigeria

Corporate Governance and Tax Compliance of Quoted Manufacturing Companies in Nigeria

The Influence of Board Attributes towards Tax Avoidance: Evidence from Malaysian Public Listed Companies

Corporate Governance, Audit Oversight Board and Tax Avoidance: Malaysian Family Listed Firms

Contact Info

Product

Resources

About