TAX AGGRESSIVENESS AND FINANCIAL PERFORMANCE OF LISTED INDUSTRIAL GOODS FIRMS IN NIGERIA

Authors

  • Ibilola Olaniun Ahmadu Bello University Zaria
  • Nurudeen Jimoh Phd Kaduna State University
  • Halima Shuaibu Ahmadu Bello University Zaria
  • Yazid Kabir Ibrahim Federal University Gusau

DOI:

https://doi.org/10.57233/gujaf.v3i2.146

Keywords:

Tax planning, Tax avoidance, Tax aggressiveness, Financial performance

Abstract

The study examines the effect of tax aggressiveness on the financial performance of listed industrial goods firms in Nigeria. The population of the study is made up of the entire listed industrial goods firms in Nigeria. Sample of 10 firms were selected using a census sampling technique and data were collected using secondary sources of data collection from the annual report and accounts of the selected firms. Data for the study were analyse using descriptive and inferential methods of data analyses using STATA 13 statistical software. Findings of the study revealed that GAAP effective tax rate has significant positive effect on return on assets. On the other hand, cash effective tax rate has negative significance effect on return on assts. Based on this, the study concludes that Tax aggressiveness has significance effect on financial performance of listed industrial goods firms in Nigeria and therefore recommends that industrial goods firms should utilized the tax planning opportunities available to them so as to minimize their tax liabilities and improve their performance.

Author Biographies

Ibilola Olaniun, Ahmadu Bello University Zaria

Distance Learning Centre
Ahmadu Bello University, Zaria - Nigeria

Nurudeen Jimoh Phd, Kaduna State University

Department of business Administration
Kaduna State University, Kaduna-Nigeria

Halima Shuaibu, Ahmadu Bello University Zaria

Distance Learning Centre
Ahmadu Bello University, Zaria - Nigeria

Yazid Kabir Ibrahim, Federal University Gusau

Department of Accounting and Finance
Federal University Gusau, Zamfara State – Nigeria

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Published

2022-04-30

How to Cite

Olaniun, I., Jimoh, N., Shuaibu, H., & Kabir Ibrahim, Y. (2022). TAX AGGRESSIVENESS AND FINANCIAL PERFORMANCE OF LISTED INDUSTRIAL GOODS FIRMS IN NIGERIA. Gusau Journal of Accounting and Finance, 3(2), 16. https://doi.org/10.57233/gujaf.v3i2.146