Journal of
Accounting and Taxation

  • Abbreviation: J. Account. Taxation
  • Language: English
  • ISSN: 2141-6664
  • DOI: 10.5897/JAT
  • Start Year: 2009
  • Published Articles: 189

JAT Articles

The impact of intellectual capital on the financial performance of listed Nigerian food products companies

December 2017

This study examines the impact of intellectual capital (IC) on financial performance of listed Nigerian food products companies for five year period 2010 to 2014 by adopting Pulic model of IC known as value added intellectual coefficient (VAIC). Regression models are used to test the hypotheses of the study where the results show that there was positive significant influence of IC on financial performance. Specifically,...

Author(s): Shafi’u Abubakar Kurfi, Noraza Mat Udin and Saleh Muhammad Bahamman

Assessing employment effects of mergers using accounting measures: Some evidence from Greece in the period of economic crisis

November 2017

This study analyzed the interdependencies between employment and accounting measures, in order to evaluate the merger effects during the period of the economic crisis in Greece. More specifically, the study analyses five accounting measures in comparison to the total number of employees, as financial ratios, from a sample of all Greek listed firms in the Athens Exchange that executed one merger in the period from 2009...

Author(s): Nikolaos Giovanis, Panagiotis Pantelidis, Michail Pazarskis and Eleni Tairi

The role of taxpayer awareness, tax regulation and understanding in taxpayer compliance

November 2017

The purpose of this study is to provide an insight into the government’s need for sustainable socialization on the importance of paying taxes. This study also aims to analyze the taxpayer's awareness, whether it can mediate the knowledge and understanding of tax regulations on taxpayer compliance or not. The approach in this study is quantitative, with taxpayers as the respondents. The results show that...

Author(s): Yayuk Ngesti Rahayu, Margono Setiawan, Eka Afnan Troena and Sudjatno

Environmental accounting: A tool for conserving biodiversity in tropical forests

October 2017

Loss of biodiversity threatens the world's ecosystem and tropical forests provide the last hope of sustainability. Environmental accounting focuses on sustainable production and development generates data and employs methodologies for valuing natural resources. Thus, by providing these accounting realities conservation is not only encouraged but becomes a critical necessity. This study aimed to evaluate the...

Author(s): Toyin Emmanuel Olatunji

Mergers, taxation and accounting performance: Some evidence from Greece

October 2017

The study examines the merger effects on the accounting performance of Greek firms, in parallel with their taxation impact, during the period of economic crisis in Greece. The study analyses twelve accounting measures from financial statements and financial ratios of a sample of Greek listed firms in the Athens Exchange that carried out one merger in the period from 2010 to 2015 as acquirers. The results revealed that...

Author(s): Michail Pazarskis, George Drogalas and Andreas Koutoupis

Corporate social responsibility performance and tax aggressiveness

September 2017

This study investigated the effect of corporate social responsibility (CSR) performance on tax aggressiveness of listed firms in Nigeria. A cross-sectional research design was utilized for the study, and data were collected from the published annual reports. Using a sample of 50 companies for the period of 2007 to 2013, the findings of the study reveal that there is a negative relationship between CSR performance and...

Author(s): Mgbame C. O., Chijoke-Mgbame M. A., Yekini, S. and Yekini C. Kemi

Accounting for the environmental costs of hydropower station on local communities: A case study of Jebba Lake of Niger River Watershed, Jebba, Kwara State, Nigeria

August 2017

Hydropower has been the main source of energy in Nigeria, until recently when thermal and fossil-fuel driven turbines and other alternatives are becoming commonplace. The concern for power generation tends to becloud environmental and natural resource degradation that accompanies execution of hydropower projects or plants. One of the principal resources concerned is the watershed of hosting rivers. These impacts reflect...

Author(s): Olatunji, Toyin Emmanuel

Agricultural insurance in Ecuador: Evidence of asymmetric information

June 2017

The agricultural insurance implemented in Ecuador since 2010 is a state subsidized insurance system, which allows small and medium-sized farmers to contract protection policies against losses of their productions, caused mainly by climatic and biological events, or physical damages. Based on the positive correlation test between the insurance coverage and the probability of the accident, the investigation shows the...

Author(s): Nancy Medina Carranco

Corporate Financial Reporting Legal and Regulatory Frameworks in Ethiopia

May 2017

This paper analyzes the corporate financial reporting legal and regulatory environment in Ethiopia. The aim of the paper is reviewing and examining the legal and regulatory requirements for corporate financial reporting, and analyzing the extent of the implementation of policy recommendations made by ROSC Ethiopia team in 2007.  Qualitative research was employed through analysis of legal and non-legal documents...

Author(s): Teferi Deyuu Alemi and J. S. Pasricha

Corporate tax compliance during macroeconomic fluctuations

April 2017

The study empirically examines the relationship between macroeconomic conditions and corporate tax compliance in the Greek setting where extreme aggregate fluctuations have taken place. Using a sample of 246,867 firm-year observations from 2004 to 2014, the study found strong evidence that there is negative association between economic conditions, as measured by the rate of gross domestic product, and corporate tax...

Author(s): Evangelos Koumanakos, Theodoros Roumelis and Yorgos Goletsis

Taxes, tax payers and collectors-pre and post Menelik: Harari experience

March 2017

Historically, Harar as a trade center linked the high land of Ethiopia with the rest of the world. While merchants were taking out from and bringing in products and services to Harar they were taxed by various institutions. The Amirs of Harar, the Oromo and the Somali chiefs were tax collectors. The Egyptians, occupying Harar for ten years, introduced new taxes. Menelik pledged the Harar customs revenue authority as a...

Author(s): Abdulmalik Abubaker

Taxation revenue and economic growth in Africa

February 2017

As most developing countries strive to achieve economic growth and development through taxation, they face numerous economic challenges. The debate on the effectiveness of taxes as a tool for promoting growth and development remains inconclusive, as several studies have indicated mixed impacts of tax on economic growth. Against this background, the study investigated the impact of taxation on economic growth in Africa...

Author(s): Onakoya Adegbemi Babatunde, Afintinni Oluwatobi Ibukun and Ogundajo Grace Oyeyemi

An assessment of tax morale among Mauritian taxpayers

January 2017

Taxation has gained considerable attention in the past few year and lot of studies have been done on tax evasion and tax compliance. This study assesses the level of tax and identifies factors that shape tax morale in Mauritius. A self-developed questionnaire was distributed to 250 randomly respondents and a logistic regression analysis was used to analyse data collected. A high degree of tax morale is required to...

Author(s): Vythelingum P., Soondram’ H. and Jugurnath B.

Tax evasion: Empirical evidence from sub-Saharan Africa

December 2016

Tax is the income which is paid to the government in order to fulfill the need of the public. However tax evasion is the act of not paying the tax by use of illegal ways. Allingham and Sandmo being the first researchers studying the tax evasion found a relationship of tax evasion with low penalty fees and a low detection. The tax evasion basically is affected by various factors but it also affects many economic factors....

Author(s): Aumeerun, B, Jugurnath, B and  Soondrum, H.

Structure theories: Panel data evidence from the United Kingdom

December 2016

The purpose of this study is to identify the factors affecting the capital structure of UK quoted companies during 2000-2012, based on the main theories of capital structure. We try to find out which of these theories (trade-off theory, agency cost theory, pecking-order theory) are best suited for empirical explanation of the capital structure of the UK firms. Therefore, the case for consideration in this study is to...

Author(s): Dimitrios Vortelinosa, Konstantinos Gkillas and Georgios Alexopoulosc

Evaluating the impact of value added tax on the economic growth of Nigeria

November 2016

The Nigerian tax reform in the early 1990s was a fallout of market reform in the mid- 1980s, while the structural adjustment program (SAP) piloted a transition to market driven economy where emphasis is laid on market forces with minimal government intervention, hence, the introduction of Value Added Tax (VAT) in 1994. This study empirically examined the impact of VAT on the level of economic activities in Nigeria from...

Author(s): Nasiru Mukhtar Gatawa, Haruna Mohammed Aliero and Abdullahi Muhammad Aishatu

Bulk asset purchase transactions involving New York sales tax vendors: Be careful there and everywhere

November 2016

This paper explores the potentially harsh impact of the bulk sales provisions of New York State’s Tax Law on the purchaser of assets (either personal, intangible or real) from a sales tax vendor other than in the ordinary course of business. The author also points out that New York is not alone in its treatment of these types of transactions. Key words: Bulk sales, sales tax, sales tax vendor, personal...

Author(s): James B. Biagi

Analytical procedures decision aids for generating explanations: Current state of theoretical development and implications of their use

October 2016

The use of decision aids could potentially improve auditor’s decision making by assuring that the correct hypothesis is available for the auditor to consider when employing analytical procedures.  Previous research has shown that auditors have limited ability to generate error explanations on their own.  The purpose of this study is to synthesize the literature for the development of decision aids for...

Author(s): John Anderson and Damon Fleming

R&D activity and operating performance of small and medium-sized enterprises (SMEs): The case of a small open economy

September 2016

The study investigates the impact of R&D activity on operational performance of small- and Medium-sized Enterprises (SMEs). Prior studies have indicated that R&D activity improves market performance of large listed companies in advanced economies. We extend the research objective on the operational performance of SMEs in the small open Greek economy in which SMEs are normally not listed companies operating in a...

Author(s): Eleftherios Aggelopoulos, Nikolaos Eriotis, Antonios Georgopoulos and Anastasios Tsamis

Analysis of value added tax effect on firms’ cash flow in various sectors of the emerging economies

August 2016

Inadequate cash flow constitutes the major reason for most corporate failures. However, absence of empirical evidence on value added tax (VAT) effect on corporate cash flow in different industries means that cash flow implications are often ignored by VAT policy makers. This study examines the relationship between VAT and firms’ cash flow in various sectors of the economy within the context of an emerging economy....

Author(s): Hussein Salia and Williams Abayaawien Atuilik

Do firms manage earnings and avoid tax for corporate social responsibility?

May 2016

This study examines the relationship between corporate tax avoidance (CTA), earnings management (EM) and corporate social responsibility (CSR) within a context of an emerging economy. The study employs system methods of moments (GMM) and logistic regression to establish whether firms in Ghana manage earnings and avoid tax to finance corporate social responsibility. The results show that almost all the firms sampled have...

Author(s): Mohammed Amidu, Teddy Ossei Kwakye, Simon Harvey and Sally Mingle Yorke

Do corporate governance best practices restrain tax evasion? Evidence from Greece

January 2016

The aim of the present paper is to examine the association between corporate governance practices and the extent of tax evasion for the Greek listed companies when they operated in an accounting environment characterized by a high level of book-tax conformity. The results suggest that tax evasion is lower when the chairman of the board is also the owner of the company. A strong negative association is also reported...

Author(s): Stavroula Kourdoumpalou

Assessment of the non- financial measures of performance of deposit money banks in Nigeria

September 2015

This work aimed at assessing the non- financial measures of performance of deposit money banks in Nigeria. The population of the study comprised the entire 21 banks listed on the Nigerian stock exchange as at December, 2013.  The study employed expos - factor research design; data were collected from a sample of nine (9) deposits money banks. Content analysis method was employed, with the use of scoring and grading...

Author(s): Adamu Danlami Ahmed, Saleh Mohammad Bahamman, and Muhammad Ibrahim

Effect of instructional design on learning the accounting equation in an introductory accounting course

September 2015

The study examines the effect of two instructional design formats on performance scores in introductory accounting when learning the accounting equation. The conventional split-source instructional design and the integrated instructional design were used in an experiment administered to two groups of students. Sixty-four students enrolled in introductory accounting participated in the study. Results of performance...

Author(s): Seedwell Tanaka Muyako Sithole

Factors associated with Internal Audit Effectiveness: Evidence from Greece

July 2015

The current study investigates the specific factors associated with internal audit effectiveness in the Greek business environment. Empirical evidence was collected by means of a mailed survey. Factor Analysis and regression analysis are used in order to illustrate the gathered information. The findings indicate that the main factors affecting internal audit effectiveness are: (1) quality of internal audit, (2)...

Author(s): Drogalas George, KaragiorgosTheofanis and Arampatzis Konstantinos

Tax audit effectiveness in Greek firms: Tax auditors’ perceptions

July 2015

Changes in tax auditing procedures, tax administration and generally in tax policy have attracted the attention of researchers in recent years. The aim of this study is to examine the relationship between tax audit effectiveness, tax legislation and the use of specialized information system tools. We use the ability of public tax auditors to track tax infringements as a measure of tax audit effectiveness. Over two...

Author(s): George Drogalas  Sorros Ioannis Karagiorgou Dimitra and Diavastis Ioannis

Influence of individual ethical orientation on tax compliance: Evidence among Ghanaian Taxpayers

June 2015

Even though Africa has constantly emphasized the need to reduce deficit financing through mobilization of more internal revenues, this has not been achieved. Perhaps encouraging voluntary tax compliance can improve internal revenue mobilization. This study explores the relationship between ethical orientation and tax compliance and finds that ethical persons are generally more tax compliant than unethical persons but...

Author(s): Randolph Nsor-Ambala

Effect of distortionary and non-distortionary taxes on economic growth: Evidence from Sub-Saharan African countries

June 2015

Studies on economic growth have provided insights into why states grow at different rates over time. Most recently, endogenous growth economics asserts that government expenditure and taxation will have both temporary and permanent effects on economic growth. The debate on the effectiveness of taxes as a tool for promoting growth and development remains inconclusive. Against this background, this study sought to...

Author(s): Ugwunta, Okelue David and Ugwuanyi, Uche Boniface

An empirical analysis of taxpayers’ fairness preferences from Canada’s Taxpayer Bill of rights

May 2015

Many countries have adopted a taxpayer charter or equivalent, which governs the relationship between taxpayers and tax authorities. However, little is known about the extent to which these charters are constructed in accordance with widely accepted fairness dimensions, as well as the relative importance of taxpayer charter rights within each fairness dimension. This research investigates the Canadian taxpayer charter...

Author(s): Jonathan Farrar

Employees’ compensation: Do taxes play any role? Evidence from the compensation-taxation literature

May 2015

Compensation incentive schemes are mainly driven by the need to align owner-manager interests in the real corporate world of separation of ownership and control. We find that the role of taxes and its implication for employees’ compensation is, at best, evidently inconclusive in the compensation-taxation literature. Using a literature review/synthesis of the existing research approach, we begin by identifying...

Author(s): Akinloye Akindayomi and Adesola Adeduro Ogunmakin

Ethics education in management accounting studies: Evidence from business schools in Ghana

May 2015

Management accounting in recent times, and perhaps rightly so, has begun to gain recognition as a profession separate and complimentary to financial accounting. Evidence exists to suggest that management accountants are exposed to a unique set of ethical challenges within industry and that a significant high number of management accountants have engaged in unethical practices in performing their jobs. For the accounting...

Author(s): Randolph Nsor-Ambala and Joseph Mensah Onumah

Audit expectation gap and MBA accounting students’ knowledge on auditor(s)’ responsibilities: Evidence from a public university in Kumasi Ashanti Region of Ghana

April 2015

Auditing has become a critical indispensable part of business and corporate life in today’s world and it is receiving great entrenchment in national legal status of almost every nation. However, there are evidences that suggest that users of financial statements and the public at large do not have knowledge about auditors’ responsibilities and this has resulted in what has become known as audit expectation...

Author(s): Frank Yao Gbadago

Investigating the use of the four perspectives of balanced score card (BSC) as technique for assessing performance by Nigerian banks

April 2015

This paper explores the use of BSC as technique for assessing performance in the Nigerian banking industry. The population of the study comprised 21 banks operating in Gombe State, Nigeria. A purposive sampling technique was adopted to arrive at the sample of eleven  banks. A survey technique was used to obtain data for the study. Fifty five copies of questionnaire were distributed to the executive staff of the...

Author(s): Mohammed Ibrahim

Financial ratios between fraudulent and non-fraudulent firms: Evidence from Tehran Stock Exchange

March 2015

Fraud is a broad concept with two basic types seen in practice. The first is the misappropriation of assets and the second is fraudulent financial reporting. Fraudulent financial reporting usually occurs in the form of falsification of financial statements in order to obtain some forms of benefit. The current research compares the financial ratios between fraudulent and non-fraudulent firms for the companies listed on...

Author(s): Somayyeh Hosseini Nia

Royalty interest management strategy and cost of oil and gas production in the Nigerian Niger- Delta

March 2015

This study examined royalty interest management strategy and cost of oil and gas production in the Nigerian Niger-Delta. The respondents were sixteen opinion leaders from two oil and gas bearing communities in Rivers State. The survey research design was adopted for the study. The spearman rank order correlation coefficient was used to test the hypotheses. Results indicated that there is a strong and significant...

Author(s): Akani, N. Fyneface, Oladutire, E. Oladeji

Gift tax compliance in Ghana: Evidence from Kumasi Metropolis

February 2015

The study examined the awareness and level of compliance of gift tax among taxpayers in Kumasi Metropolis in Ghana. Two hundred and fifty-two respondents were sampled for the study using the purposive sampling method. Questionnaire and interview guides were used to solicit data and information from the respondents. Data collected were analyzed using descriptive and inferential statistics with the help of excel package....

Author(s): Frank Yao GBADAGO and Dadson Awunyo-Vitor

Canonical relationship between performance indicators based on Brazil, US and IFRS accounting standards of Brazilian and United Kingdom companies

January 2015

The aim of the article is to identify canonical correlations among performance indicators calculated from a base of accounting statements prepared in accordance with United States Generally Accepted Accounting Principles (US GAAP), Brazilian accounting standards (BR GAAP) and International Financial Reporting Standards (IFRS). Descriptive research with a quantitative approach was carried out. A research sample of 50...

Author(s): Roberto Carlos Klann, Ilse Maria Beuren and Nelson Hein

Enhanced relationship preparedness in a Dutch multinational context: A tax control framework

January 2015

This paper deals with enhanced relationship participation in an international context. The purpose of this paper is to present insight into the essentials for implementing a Tax Control Framework (TCF) and to present incentives to participate in an enhanced relationship. First, the relevant guidance for implementing a TCF is described. Second, based on a survey with tax directors of the largest Dutch multinational...

Author(s): D.W. Colon and D.M. Swagerman

The market impact of mergers and acquisitions on acquiring firms in the U.S.

September 2014

Previous studies have examined acquiring firms undergoing mergers and acquisitions along with the impact that these events have on firm security prices.  These studies have had mixed results. Some indicate negative impact on stock prices while others conclude that there is a positive effect. This study extends these previous studies by increasing both the number of firms sampled and the years evaluated. The first...

Author(s): Ronald Stunda

Do the changes in tax incentives encourage direct investment in China by Taiwanese enterprises?

September 2014

This study examined the association between tax incentives of China’s 2008 Enterprise Income Tax Law (the 2008 tax law) and inflows of foreign direct investments from Taiwanese enterprises (TDI) to China. In addition, this study also investigated the effects of industry and location on TDI. This study showed that reduced tax rate concessions for foreign enterprises and increased tax rate considerably reduced TDI...

Author(s): Wan-Ying Lin and Jui-Chih Wang

Auditors’ perceptions on impact of mandatory audit firm rotation on auditor independence –Evidence from Bahrain

April 2014

The current study examined several issues regarding auditor independence from the perspective of an emerging market such as Bahrain. Factors affecting the ability of auditors to remain independent include long audit tenure, financial dependence on a single audit client, non-audit services provided to audit clients, ex-auditor employment with an audit client and the existence of audit committees. It is therefore timely...

Author(s): Kousay Said and Hussein Khasharmeh

Rotation of independent auditors and analysis of their reports before and after rotation in Brazil

April 2014

The aim of mandatory rotation of audit firms by public companies is to preserve the independence of the external auditor and reduce errors and fraud associated with the auditing of financial statements. Nevertheless requiring this rotation periodically is a controversial subject, since it involves the commercial and professional relationship of auditors with their clients and the market for auditing. This study focuses...

Author(s): Lopo Martinez Antonio and Aldecir Bassetti

Evaluating taxpayers’ attitude and its influence on tax compliance decisions in Tamale, Ghana

September 2013

  This research was conducted to provide an insight into the debate in Ghana - a developing country: the influence of attitudes of individual taxpayers on tax compliance decisions. Survey responses from questionnaires administered to operators of SMEs in Tamale, were quantitatively analysed. Both descriptive and inferential statistics were applied. The results indicated that, individuals are highly concerned...

Author(s): Abubakari Abdul – Razak and Christopher Jwayire Adafula

A study on utilization of shipping agency services with special reference to console shipping services, India Private Limited at Tirupur City

September 2013

  Shipping and logistics play a major role in foreign trade operations. Knowledge and experience on different modes of transport, shipping lines, routes, and transshipment etc. would enable the persons in charge of Export-Import to profitably decide the feasibility of different modes of shipment. The Bureau of Industry and Security (BIS) is responsible for implementing and enforcing the Export Administration...

Author(s): Govind Samy

Ethics and postsecondary accounting curriculum in Bahrain: Perspective from faculty members

September 2013

  Recent corporate scandals have led to renewed calls for ethics education for the accounting profession. Academic institutions employ variety of teaching methods and place a substantial level of emphasis when teaching ethics to accounting students. We report on a questionnaire survey of accounting faculty members at Bahraini universities to investigate the perceptions on the issue of incorporating ethics into...

Author(s): Kousay Said and Khaled Ibrahim Al-Tarawneh

The contextual framework of corporate income tax evasion

July 2013

The Portfolio Investment Framework, the Principal Agent Framework and the Principal Two Agents Framework of tax evasion, individually or collectively, are inadequate to represent fairly the dynamics of corporate income tax evasion. These behavior based frameworks are for the prediction of tax evasion and their usefulness for identifying tax evasion is limited. To bridge the gap between the prediction and the...

Author(s): Paula Fukofuka

Role of the agency theory in implementing management's control

July 2013

The major purpose of this article is to analyze the role of the "Agency Theory" in implementing effective control mechanisms. In effect, various control paradigms under the following situations are elaborated: a) When the agent's control system is merely based on the output under the condition of uncertainty; b) When the control mechanism is based on the output, and information about agent's action or...

Author(s): Mohammad Namazi

Earnings management and performance of French IPO companies

May 2013

In this paper, we examine the impact of discretionary current accruals on the performance of French IPO companies. We first note income-increasing earnings management in the first year as a public company and not in the year before the IPO (Initial Public Offerings). Based on a sample of 139 French IPOs over the period 1999 to 2007, including 38 failures, we also document that companies associated with aggressive...

Author(s): Djerbi Chiraz and Jarboui Anis

The evaluation of the investment environment in the industrial activity in Jordan

May 2013

The aim of this paper is to evaluate the investment environment in Jordan from the perceptions of the workers in the industrial activity. Data was collected by a questionnaire which depended on five aspects; namely; economic infrastructure, the characteristics of the Jordanian economic environment, labor force, industrial free zones and the Jordan Investment Board and the promotion policies. 70 questionnaires were...

Author(s): Mohammed Al-Shoura and Anas Al Bakri

An empirical assessment of the determinants of bank profitability in Nigeria: Bank characteristics panel evidence

December 2012

Given the recent developments in the Nigerian banking industry, only a profitable banking sector is better able to withstand negative shocks and contribute to the stability of the financial system. This assertion compels an in depth investigation of the determinants of the profitability of deposit money banks in Nigeria. Our data set is made up of 147 bank level observations over a 10-year period from 2001 to 2010 in...

Author(s): Ani W. U., Ugwunta D. O., Ezeudu I. J. and Ugwuanyi G. O.

Page 3 of 4, showing 50 records out of 189 total, starting on record 101, ending on 150