Self-Affirmative Discourse on Tax Planning, Corporate Governance and Shareholders’ Valuation

  • Franklin Taiye Umaigba Department of Accountancy Edo State Polytechnic, Usen, Edo State, Nigeria
  • Richard Usengbuwa Department of Accountancy Edo State Polytechnic, Usen, Edo State, Nigeria

Abstract

The purpose of this study was to gain insight into the various findings of studies on the effect of tax planning on shareholders’ valuation (firm value) under the moderating influence of corporate governance with a view to ascertaining gaps in literature that may warrant further empirical exploration. The researchers employed the library research design which entails reviewing related literature on the subject matter. Related literatures were sourced from different websites and reviewed. The results of the review showed that tax planning affects firm’s value, but the nature of the effects differ across studies with some studies revealing positive association, others report negative influence. Some also showed a ‘no effect’ relationship. The result of corporate governance moderating was not different as some studies’ results showed that corporate governance moderate the effect of tax planning on firm’s value, while others reveal the inability of some corporate governance variables to moderate the relationship between tax planning and firm’s value. Based on the mix results and other gaps identified in the literature, it was recommended amongst others the need to consider a comprehensive study that incorporates more independent variables and moderating variables and attempt should be made to carry out such a comprehensive study using listed firms in Nigeria.

Author Biographies

Franklin Taiye Umaigba, Department of Accountancy Edo State Polytechnic, Usen, Edo State, Nigeria




Richard Usengbuwa, Department of Accountancy Edo State Polytechnic, Usen, Edo State, Nigeria



Published
2022-09-05
How to Cite
UMAIGBA, Franklin Taiye; USENGBUWA, Richard. Self-Affirmative Discourse on Tax Planning, Corporate Governance and Shareholders’ Valuation. SAU JOURNAL OF MANAGEMENT AND SOCIAL SCIENCES, [S.l.], v. 7, n. 3, p. 204-214, sep. 2022. Available at: <https://journals.sau.edu.ng/index.php/sjmas/article/view/865>. Date accessed: 30 sep. 2022.