The study examined firm characteristics and tax aggressiveness of listed firms in Nigeria using pool and panel data for the period 2012 to 2016. The data used was sourced from the annual reports of the selected firms. Both the panel and dynamic panel methods were used to analyze the data generated. Findings from the study revealed that firm size exerts positive and significant effects on tax aggressiveness. There is significant and positive relationship between external audit quality and tax aggressiveness. Leverage is significant and exerts negative relationship with tax aggressiveness. Interest charges have significant and positive relationship with tax aggressiveness. Based on the robust empirical findings obtained in this study, it is recommendations that listed firms in Nigeria should make it a practice to adequately compensate managers / board of directors strategically as this will assist to reduce their tendency to engage in rent seeking / managerial opportunism, mitigate agency problem, enhance operational efficiency and lead to lower effective tax rate.
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In-Text Citation: (Ogbeide, 2017)
To Cite this Article: Ogbeide, S. O. (2017). Firm Characteristics and Tax Aggressiveness of Listed Firms in Nigeria: Empirical Evidence. International Journal of Academic Research in Public Policy and Governace, 4(1), 62–75.
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