Empirical analysis of the effect of tax transparency and accountability on tax culture

Okoye Lawrence Uchenna; Erin Olayinka; Ahmed Ado; B. Achugamonu Uzoma

Empirical analysis of the effect of tax transparency and accountability on tax culture

Okoye Lawrence Uchenna
, Erin Olayinka
, Ahmed Ado
, B. Achugamonu Uzoma

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

This paper examined the effect of tax transparency and accountability on tax culture in Nigeria. The survey research method was adopted. Data obtained from respondents selected from four major audit firms in Nigeria (PwC, KPMG, Ernst & Young, Akintola Williams Deloitte) were analyzed using the method of ordinary least squares. A sample of 270 respondents was used for the study. Tax compliance, tax evasion, tax disclosure, tax avoidance, and tax revenue were adopted as proxies for tax transparency and accountability. The parameters were estimated at 5 per cent level of significance. The result shows that tax compliance has significant positive effect on tax culture while tax evasion and tax avoidance indicate significant negative effect. The study also produced evidence of positive effect of tax disclosure on tax culture but it is not significant. R ² and adjusted R ² values of 42.8 per cent and 38.2% show moderately strong explanatory power of the independent variables.

Original language	English
Title of host publication	Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018
Subtitle of host publication	Innovation Management and Education Excellence through Vision 2020
Editors	Khalid S. Soliman
Publisher	International Business Information Management Association, IBIMA
Pages	6760-6767
Number of pages	8
ISBN (Electronic)	9780999855102
Publication status	Published - 2018
Externally published	Yes
Event	31st International Business Information Management Association Conference: Innovation Management and Education Excellence through Vision 2020, IBIMA 2018 - Milan, Italy Duration: 25 Apr 2018 → 26 Apr 2018

Publication series

Name	Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020

Conference

Conference	31st International Business Information Management Association Conference: Innovation Management and Education Excellence through Vision 2020, IBIMA 2018
Country/Territory	Italy
City	Milan
Period	25/04/18 → 26/04/18

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 17 Partnerships for the Goals

Keywords

Tax burden
Tax culture
Tax incentives
Tax rate
Tax transparency and accountability

ASJC Scopus subject areas

Information Systems and Management
Management Information Systems

Cite this

Uchenna, O. L., Olayinka, E., Ado, A., & Achugamonu Uzoma, B. (2018). Empirical analysis of the effect of tax transparency and accountability on tax culture. In K. S. Soliman (Ed.), Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020 (pp. 6760-6767). (Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020). International Business Information Management Association, IBIMA.

Uchenna, Okoye Lawrence ; Olayinka, Erin ; Ado, Ahmed et al. / Empirical analysis of the effect of tax transparency and accountability on tax culture. Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020. editor / Khalid S. Soliman. International Business Information Management Association, IBIMA, 2018. pp. 6760-6767 (Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020).

@inproceedings{3338c8ec06c849a3ae8dbead8eaee9dd,

title = "Empirical analysis of the effect of tax transparency and accountability on tax culture",

abstract = " This paper examined the effect of tax transparency and accountability on tax culture in Nigeria. The survey research method was adopted. Data obtained from respondents selected from four major audit firms in Nigeria (PwC, KPMG, Ernst \& Young, Akintola Williams Deloitte) were analyzed using the method of ordinary least squares. A sample of 270 respondents was used for the study. Tax compliance, tax evasion, tax disclosure, tax avoidance, and tax revenue were adopted as proxies for tax transparency and accountability. The parameters were estimated at 5 per cent level of significance. The result shows that tax compliance has significant positive effect on tax culture while tax evasion and tax avoidance indicate significant negative effect. The study also produced evidence of positive effect of tax disclosure on tax culture but it is not significant. R 2 and adjusted R 2 values of 42.8 per cent and 38.2\% show moderately strong explanatory power of the independent variables.",

keywords = "Tax burden, Tax culture, Tax incentives, Tax rate, Tax transparency and accountability",

author = "Uchenna, \{Okoye Lawrence\} and Erin Olayinka and Ahmed Ado and \{Achugamonu Uzoma\}, B.",

note = "Publisher Copyright: {\textcopyright} 2018 Elsevier Ltd. All rights reserved.; 31st International Business Information Management Association Conference: Innovation Management and Education Excellence through Vision 2020, IBIMA 2018 ; Conference date: 25-04-2018 Through 26-04-2018",

year = "2018",

language = "English",

series = "Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020",

publisher = "International Business Information Management Association, IBIMA",

pages = "6760--6767",

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booktitle = "Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018",

}

Uchenna, OL, Olayinka, E, Ado, A & Achugamonu Uzoma, B 2018, Empirical analysis of the effect of tax transparency and accountability on tax culture. in KS Soliman (ed.), Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020. Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020, International Business Information Management Association, IBIMA, pp. 6760-6767, 31st International Business Information Management Association Conference: Innovation Management and Education Excellence through Vision 2020, IBIMA 2018, Milan, Italy, 25/04/18.

Empirical analysis of the effect of tax transparency and accountability on tax culture. / Uchenna, Okoye Lawrence; Olayinka, Erin; Ado, Ahmed et al.
Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020. ed. / Khalid S. Soliman. International Business Information Management Association, IBIMA, 2018. p. 6760-6767 (Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Empirical analysis of the effect of tax transparency and accountability on tax culture

AU - Uchenna, Okoye Lawrence

AU - Olayinka, Erin

AU - Ado, Ahmed

AU - Achugamonu Uzoma, B.

PY - 2018

Y1 - 2018

N2 - This paper examined the effect of tax transparency and accountability on tax culture in Nigeria. The survey research method was adopted. Data obtained from respondents selected from four major audit firms in Nigeria (PwC, KPMG, Ernst & Young, Akintola Williams Deloitte) were analyzed using the method of ordinary least squares. A sample of 270 respondents was used for the study. Tax compliance, tax evasion, tax disclosure, tax avoidance, and tax revenue were adopted as proxies for tax transparency and accountability. The parameters were estimated at 5 per cent level of significance. The result shows that tax compliance has significant positive effect on tax culture while tax evasion and tax avoidance indicate significant negative effect. The study also produced evidence of positive effect of tax disclosure on tax culture but it is not significant. R 2 and adjusted R 2 values of 42.8 per cent and 38.2% show moderately strong explanatory power of the independent variables.

AB - This paper examined the effect of tax transparency and accountability on tax culture in Nigeria. The survey research method was adopted. Data obtained from respondents selected from four major audit firms in Nigeria (PwC, KPMG, Ernst & Young, Akintola Williams Deloitte) were analyzed using the method of ordinary least squares. A sample of 270 respondents was used for the study. Tax compliance, tax evasion, tax disclosure, tax avoidance, and tax revenue were adopted as proxies for tax transparency and accountability. The parameters were estimated at 5 per cent level of significance. The result shows that tax compliance has significant positive effect on tax culture while tax evasion and tax avoidance indicate significant negative effect. The study also produced evidence of positive effect of tax disclosure on tax culture but it is not significant. R 2 and adjusted R 2 values of 42.8 per cent and 38.2% show moderately strong explanatory power of the independent variables.

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KW - Tax incentives

KW - Tax rate

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BT - Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018

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ER -

Uchenna OL, Olayinka E, Ado A, Achugamonu Uzoma B. Empirical analysis of the effect of tax transparency and accountability on tax culture. In Soliman KS, editor, Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020. International Business Information Management Association, IBIMA. 2018. p. 6760-6767. (Proceedings of the 31st International Business Information Management Association Conference, IBIMA 2018: Innovation Management and Education Excellence through Vision 2020).

Empirical analysis of the effect of tax transparency and accountability on tax culture

Abstract

Publication series

Conference

UN SDGs

Keywords

ASJC Scopus subject areas

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Cite this