CORPORATE GOVERNANCE ATTRIBUTES AND TAX AGGRESSIVENESS NEXUS IN THE NIGERIAN NON-FINANCIAL FIRMS
This study examined the corporate governance attributes on tax aggressiveness of quoted non-financial firms in Nigeria. Ex post facto research design was adopted in this study. A sample of 20 firms was randomly selected and their financial records were used to obtain information from them. In this study, secondary data, by way of annual reports and accounts of the sampled companies in Nigeria and some relevant Nigerian Exchange fact books were used to collect data for 2017-2021. The data collected was analyzed using descriptive statistics, with the use of Panel Least Square (PLS) as a technique for hypothesis testing, with the use of Eviews version 9 software. Results from the study indicated that a significant positive relationship was observed to exist between board independence and tax aggressiveness and a significant positive relationship was observed to exist between board independence and tax aggressiveness and also a significant relationship is observed to exist between board gender and tax aggressiveness. Thus, it was recommended that the regulatory authorities should ensure that, the board size of non-financial firms in Nigeria should not be able 10. More so, efforts should be made to ensure that, the non-executive directors should be more autonomous in the discharge of their oversight responsibilities. Lastly, more women should come on board since women are more risk averse/conservative than their male counterparts.
Keywords: Corporate Governance Attributes, Tax Aggressiveness, Nexus, Nigerian Non-Financial Firms.
Copyright (c) 2022 ABANUM, Akpevweoghene Mark, EBIAGHAN, Orits Frank
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