Effect of Dividend and Taxes on Financial Performance of Selected Firms in Nigeria
Student: Oyindamola Titilayo Orebe (Project, 2025)
Department of Accounting
Ekiti State University, Ado-Ekiti, Ekiti State
Abstract
ABSTRACT
The study investigated into the effects of Dividend and taxes on financial performance of selected firms in Nigeria. Dividend, education tax, withholding tax and company income tax were used as proxy for dividend and tax as independent variables while returns on assets was used as proxy for financial performance as dependent variable. Data was sourced from the secondary sources for the period of 2014 and 2023 for the study. The findings of the study revealed negative relationship between returns on assets and withholding tax and education tax while there was a positive relationship between dividend and company income tax. The study recommended that firms should device other means of generating revenue by means of diversification which will help boost the earnings and have positive impact on financial performance.
Keywords
For the full publication, please contact the author directly at: oyindamolatitilayo123@gmail.com
Filters
Institutions
- Covenant Polytechnic, Aba, Abia State 1
- Covenant University, Canaan Land, Ota, Ogun State 4
- Crawford University of Apostolic Faith Mission Faith City, Igbesa, Ogun State 2
- Crescent University, Abeokuta, Ogun State 1
- Cross Rivers University of Technology, Calabar, Cross Rivers State 142
- Delta State Polytechnic, Ogwashi-Uku, Delta State 11
- Delta State Polytechnic, Otefe, Delta State 12
- Delta State University, Abraka, Delta State 139
- Ebonyi State University, Abakaliki, Ebonyi State 17
- Edo University, Iyamho, Edo State 10