Abstract:The mortality rate of Small and medium enterprises which make up 95% of the economy is very high and these Small and medium enterprises serve as source of employment generation; innovation, competition, and economic dynamism in the development of Nigerian Economy. Tax policy is one of the factors that constitute the Small businesses' economic environment. Therefore, the objective of this study impact analysis of tax policy and the performance of small and medium scale enterprises in Nigerian economy is to inve… Show more
“…The current paper aims to empirically examine the impact of SMEs sector on FDI inflows and the role of IFRS adoption in Algeria. Based on previous literature (Esther et al, 2018;Eze and Okpala, 2015), the basic regression equation of this empirical study can be specified as:…”
Section: Model Specification and Estimation Techniquementioning
The present paper aims to empirically explore the impact of SMEs on foreign direct investment inflows and analyses the effect role of IFRS adoption on the relationship between the SMEs sector and foreign direct investment inflows in short and long run in Algeria during the period of 1970-2017. This investigation intends to fill a major gap regarding empirical literature on FDI drivers in developing countries. Using the ARDL bounds testing approach, the findings show a positive association between SMEs and foreign direct investment inflows in Algeria in the long-run. However, in terms of the role of IFRS adoption in mediating the impact of SMEs on FDI inflows in Algeria, our findings report a negative contribution of IFRS adoption of the association between SMEs and FDI inflows in both long and short run. These findings provide significant implications for regulators and policymakers in developing countries improve the business environment of their countries, manager and foreign investors in assessing the business environment in host countries and for both developing countries and academic research.
“…The current paper aims to empirically examine the impact of SMEs sector on FDI inflows and the role of IFRS adoption in Algeria. Based on previous literature (Esther et al, 2018;Eze and Okpala, 2015), the basic regression equation of this empirical study can be specified as:…”
Section: Model Specification and Estimation Techniquementioning
The present paper aims to empirically explore the impact of SMEs on foreign direct investment inflows and analyses the effect role of IFRS adoption on the relationship between the SMEs sector and foreign direct investment inflows in short and long run in Algeria during the period of 1970-2017. This investigation intends to fill a major gap regarding empirical literature on FDI drivers in developing countries. Using the ARDL bounds testing approach, the findings show a positive association between SMEs and foreign direct investment inflows in Algeria in the long-run. However, in terms of the role of IFRS adoption in mediating the impact of SMEs on FDI inflows in Algeria, our findings report a negative contribution of IFRS adoption of the association between SMEs and FDI inflows in both long and short run. These findings provide significant implications for regulators and policymakers in developing countries improve the business environment of their countries, manager and foreign investors in assessing the business environment in host countries and for both developing countries and academic research.
“…International Journal of Accounting and Taxation, Vol. 6(2), December 2018 Bateman (2013) asserted that 90% of owners of business identified that taxes were a serious barrier to their businesses (Ocheni, 2015). Multiple taxations are common in Nigeria (Adebisi & Gbegi, 2013).…”
Section: Statement Of Problemmentioning
confidence: 99%
“…According to Ocheni, (2015); The principle of ability to pay theory of taxation started in the 16 th Century. It was further extended by the Swiss philosopher Jean Jacques Rousseau (1712-1778), and the French political economist Jean Baptiste Say (1767-1832).…”
Section: Ability To Pay Theory Of Taxationmentioning
confidence: 99%
“…It was further extended by the Swiss philosopher Jean Jacques Rousseau (1712-1778), and the French political economist Jean Baptiste Say (1767-1832). This theory is considered the most equitable tax system (Ocheni, 2015). Ability to pay theory of taxation is more widely accepted principle based on equity or justice (Obara & Nangih, 2017).…”
Section: Ability To Pay Theory Of Taxationmentioning
confidence: 99%
“…Therefore, they can also contribute to revenue generation for countries (Obara, & Nangih, 2017). 95% of Nigeria's economy is made up of SMEs (Ocheni, 2015). SMEs are considered as vital part of economic success (Ocheni, 2015).…”
This study examined the level of tax compliance among owners of small and medium enterprises (SMEs) in Nigeria. Small business is vital to the economy of Nigeria. The sample size for the research was 250 and 223 SME owners responded through the questionnaire distributed. The quantitative method was used in analyzing the data collected. SPSS was used to analyze the data. Findings showed that female SME owners are more tax compliant than male counterparts. There is a need for tax education among SME owners. There is multiple taxations. Tax amnesty can increase the level of tax compliance.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.