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204855

Tax Avoidance Practises and Firm-specific Characteristics: Empirical Evidence from the Egyptian Listed Companies

Article

Last updated: 26 Dec 2024

Subjects

-

Tags

مقالات تجارية

Abstract

Tax avoidance is the companies' action toward circumventing or mitigate their tax payment in legitimate way. Egypt suffers from higher rate of tax avoidance in the last decade due to a package of local and global events that might affect the financial stability of the Egyptian listed companies. The aim of this study is to assess the main determinants of the tax avoidance practise in the Egyptian context for the period from 2015 to 2018. To this end, the study utilizes the OLS regression with robust standard errors based on 672 firm-year observations. The results reveals that the tax avoidance practise in Egypt is a function of a set of firm-specific factors, namely financial distress, profitability, size and growth opportunities. Specifically, the companies suffering from higher financial distress have bigger tendencies to aggressively conduct their tax planning. Also, the highly profitable companies are more willing to engage in tax avoidance activities. In addition, the bigger the company's size, the higher motivation toward the tax avoidance practice. Similarly, the more potential growth opportunities companies utilize the higher the impetus to avoid the tax payment. Finally, the study could not find any association between capital intensity nor leverage and tax avoidance.

DOI

10.21608/sjsc.2021.104326.1071

Keywords

Keywords: Tax avoidance, Firm specific characteristics, Egyptian Listed Companies

Authors

First Name

Laila

Last Name

Aladwey

MiddleName

-

Affiliation

2 ElHanna street cross ElRakhaa street Beside Raslan Hospital Tanta Gharbia Egypt

Email

laila.eladawi@commerce.tanta.edu.eg

City

Tanta

Orcid

-

Volume

44

Article Issue

1

Related Issue

28504

Issue Date

2022-01-01

Receive Date

2021-11-04

Publish Date

2022-01-01

Page Start

43

Page End

74

Print ISSN

2682-387X

Online ISSN

2735-4156

Link

https://sjsc.journals.ekb.eg/article_204855.html

Detail API

https://sjsc.journals.ekb.eg/service?article_code=204855

Order

16

Type

المقالة الأصلية

Type Code

1,473

Publication Type

Journal

Publication Title

المجلة العلمية للبحوث التجارية (جامعة المنوفية)

Publication Link

https://sjsc.journals.ekb.eg/

MainTitle

Tax Avoidance Practises and Firm-specific Characteristics: Empirical Evidence from the Egyptian Listed Companies

Details

Type

Article

Created At

23 Jan 2023