BOARD OF DIRECTORS CHARACTERISTICS AND TAX AGGRESSIVENESS

Authors

  • Bosun-Fakunle, Yemisi Funmilayo Michael and Cecilia Ibru University Author
  • Josiah, Mary Igbinedion University Author
  • Olowoyo Banji Jacob Michael and Cecilia Ibru University Author

Keywords:

Board Characteristics, Tax Aggressiveness, Shareholders wealth, Tax Liability

Abstract

The rate at which corporations are now being expected by the investors to comply with tax rules and regulations is now increasing. This can be traced to awareness on the part of investors of the negative effects of tax aggressiveness on their environmental returns. This paper therefore examined Board Characteristics and tax aggressiveness. Data were sourced from 20 manufacturing companies listed on the Nigerian Stock Exchange for 10years (2006-2016),the data were analyzed using regression analysis and correlation model with the aid of SPSS software. It was found that there is no significant relationship between board size and tax aggressiveness. It is recommended that companies should focus on businesses and policies that will maximize Shareholders wealth rather than activities that will reduce tax liability.

Author Biographies

  • Bosun-Fakunle, Yemisi Funmilayo, Michael and Cecilia Ibru University

    Accounting, Banking and Finance Department

  • Josiah, Mary, Igbinedion University

    Accounting Department

  • Olowoyo Banji Jacob, Michael and Cecilia Ibru University

    Accounting, Banking and Finance Department

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Published

2019-06-25

Issue

Vol. 5 No. 1 (2019): IJMSR

Section

Articles