Description
The impact of corporate social responsibility on tax avoidance.
Abstract
This study seeks to establish the relationship between corporate social responsibility and tax avoidance of the Nigerian Oil and Gas Companies, from 2013 to 2017. The data for the study were extracted from annual reports and accounts of seven sampled companies and the Factbooks of the Nigerian Stock Exchange. Descriptive statics, Pearson correlation and multiple regressions were used as techniques for data analysis. The study established an insignificant relationship between corporate social responsibility and tax avoidance. Based on the findings of the study, it is concluded that the practices of Corporate Social Responsibility (CSR) by the Nigerian Oil and Gas Companies have not been managed in such a way to minimize their tax liabilities. Hence, it is recommended that the Nigerian Oil and Gas Companies should review their practices of Corporate Social Responsibility in such (CSR) a way to ensure that it is aligned with the principles of minimization of tax liabilities.…
Reviews
There are no reviews yet.