ABSTRACT
The main objective of this study
is to examine the effect of corporate tax on the sustainable financial
performance of listed firms in Nigeria. This study adopts ex-post facto
research design which involves the ascertaining of the impact of past factors
on the present happening or event. The research work adopts the secondary
source of data in obtaining all the data needed for the study. The simple
linear regression technique using ordinary least square regression (QLS) method
is adopted in investigating the relationship between the dependent and
independent variables. In the course of this study, I found out that corporate
tax payout has a positive relationship with the return on equity of listed
manufacturing firms and has a statistical insignificant effect on the return on
equity of the listed manufacturing firms in Nigeria. In conclusion, corporate
tax payout has a positive insignificant effect on the return on equity of
listed manufacturing firms in Nigeria and therefore recommend that Investors in
the manufacturing sector should use their tax pay out policy as a tool for financing
decision as it greatly affects the firm debt to equity ratio combination
decision making.
NZERIBE, A (2021). Effect Of Corporate Tax Payout On Profit Sustainability Of Listed Companies In Nigeria. Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-corporate-tax-payout-on-profit-sustainability-of-listed-companies-in-nigeria-7-2
APUGO, NZERIBE. "Effect Of Corporate Tax Payout On Profit Sustainability Of Listed Companies In Nigeria" Mouau.afribary.org. Mouau.afribary.org, 23 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-corporate-tax-payout-on-profit-sustainability-of-listed-companies-in-nigeria-7-2. Accessed 02 Nov. 2024.
APUGO, NZERIBE. "Effect Of Corporate Tax Payout On Profit Sustainability Of Listed Companies In Nigeria". Mouau.afribary.org, Mouau.afribary.org, 23 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-corporate-tax-payout-on-profit-sustainability-of-listed-companies-in-nigeria-7-2 >.
APUGO, NZERIBE. "Effect Of Corporate Tax Payout On Profit Sustainability Of Listed Companies In Nigeria" Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-corporate-tax-payout-on-profit-sustainability-of-listed-companies-in-nigeria-7-2