IMPACT OF CORPORATE TAXATION ON FIRM VALUE OF LISTED INDUSTRIAL GOODS IN NIGERIA
Shamsudden Yusuf Bugaje (PhD, ACA, CNA), Munzali Habibu Sulaiman and Usman Also Abubakar
Volume 5 Issue 1
Abstract
The Study examined the impact of corporate taxation on firm value of listed industrial goods in Nigeria. Findings indicated that; the regression result of the study shows that the there is significant positive relationship between industrial goods, firms value and corporate taxation. Similarly, the regression result indicated the existence of insignificant negative relationship between firm value and corporate taxation. Thus, the study concluded that, corporate taxation is dependent upon its industrial goods and firms value as high contribution to the revenue generation in Nigeria. Thus, firm value by industrial goods may be seen as a structure of supporting the interests of corporate taxation and that of the listed goods in Nigeria. The study recommends that; there is a need to extensively increase firm values by increasing the number of both managerial and industrial sectors of the listed firms in Nigeria. The industrial sectors should be allowed to deploy their expertise and wealth of experience to the firms in achieving corporate goals. The corporate tax managers should also be intervening in order to add value to the firms and to perform their tasks effectively. Keywords: Corporate taxation, Firm value, Industrial goods, Effective Tax Rate
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