Corporate Governance and Tax Avoidance: Evidence from Nigerian Quoted Food and Beverage Companies


  • Raymond A. Ezejiofor Department of Accountancy, Nnamdi Azikiwe University, Awka. Anambra State
  • Emmanuel C. Ezenwafor Department of Accountancy, Federal Polytechnic, Oko, Anambra State



The study determine the effect of CEO duality on the effective tax rate of quoted foods and Beverage companies. Ex-post facto research design was adopted. A purposive sampling technique was applied in selecting nine (9) companies during the data collection process. Data were collected from annual reports and accounts of the sampled companies from 2013-2019. Data for the study analyzed using descriptive statistics and regression was used with aid of the e-view was at 95% confidence at five degrees of freedom (df). The result shows that CEO duality was significant and had a positive coefficient on tax planning of food and beverage companies in Nigeria. The study, therefore recommended that non-separation of CEO from Chairman of the Board may lead to higher levels of tax planning; and an opportunity for manager’s rent extraction, because of their dominating role to ensure that adequate oversight roles are separated.


Corporate Governance, Tax Avoidance, CEO duality


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How to Cite

Ezejiofor, R. A., & Ezenwafor, E. C. (2021). Corporate Governance and Tax Avoidance: Evidence from Nigerian Quoted Food and Beverage Companies. Macro Management & Public Policies, 2(4), 40–47.


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