Competitive Advantage Through Taxation In GCC Countries

Almutairi, Humoud

doi:10.19030/iber.v13i4.8685

Cited by 7 publications

(7 citation statements)

References 2 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Estimating the factors influencing the preferences and developmental trends of a sector with such a critical prescription, capital structure, will contribute significantly to the literature, which has not been adequately addressed by previous research. Almutairi (2014) stated that the GCC economies have usually specific tax legislations that can influence the capital structure of large investment projects. With the exception of Oman, GCC countries did not historically levy corporate income tax on locally owned domestic companies.…”

Section: Introductionmentioning

confidence: 99%

The Determinants of Capital Structure of the GCC Oil and Gas Companies

Ahmed

Sabah

2021

IJEEP

View full text Add to dashboard Cite

This study aims to investigate the determinants of capital structure (CS), how they differ among levels (upstream, midstream, and downstream), and to identify Which CS theory is more relevant to the oil and gas companies in the GCC. It uses secondary data of 22 listed oil and gas companies in the GCC over ten years (2010 and 2019). The study will add to the literature as there is few studies about CS in the petroleum industry and it is the only study about the GCC oil and gas sector. Using pooled ordinary least square (OLS) random effect model, the main findings of this study are; the CS has a positive significant relationship with the size and tangibility, negative with profitability, and insignificant with growth in sales, market to book value, and price to earnings ratio. the research concluded that the GCC oil companies are aligned with both trade-off theory and pecking order theory. The results show that only the determinants of downstream companies are significant, while middle stream and upstream have no significant impact on CS. One of the limitations is unavailability of data of some governmental oil companies and further research is needed to include non-financial determinants and investigate relationships between CS and the value of companies.

show abstract

Section: Introductionmentioning

confidence: 99%

The Determinants of Capital Structure of the GCC Oil and Gas Companies

Ahmed

Sabah

2021

IJEEP

View full text Add to dashboard Cite

show abstract

“…The GCC region comprises fast-growing economies with government revenues fueled by sizeable oil rents, which are characterized by administrated consumer energy prices. Historically, GCC countries except Oman did not levy corporate taxes on owned domestic firms (Almutairi, 2014). The GCC financial markets are small in size and less developed by international standards and its emerging peers, they account for about 0.8% of the global financial markets (Zeitun and Saleh, 2015).…”

Section: Background To Gulf Cooperation Councilmentioning

confidence: 99%

Corporate characteristics and leverage: evidence from Gulf countries

Al‐ahdal

Almaqtari

Zaid

et al. 2020

PRR

View full text Add to dashboard Cite

Purpose This study aims to investigate the impact of corporate characteristics on leverage in the Gulf Cooperation Council (GCC) non-financial listed firms. Design/methodology/approach A sample comprising a balanced panel for eight years from 2009–2016 for four Gulf countries is used. In total, 85 non-financial listed companies have been selected using a non-probability sampling technique. Corporate characteristics are represented by return on assets (ROA), return on equity, return on capital employed, market value-added, Tobin-Q, liquidity and firm size. The study used fixed and random effect models to estimate the results. Findings The findings of the study revealed that both ROA and FSIZE have a significant negative effect on leverage. However, market value-added, return on capital employed and Tobin-Q exhibited a statistically significant positive effect on leverage. Further, the results indicated that Qatar is better than kingdom of Saudi Arabia (KSA), Oman and the UAE. In addition, evidence noted that KSA is better than both UAE and Oman in terms of the overall impact of corporate characteristics on the leverage. However, this effect is not statistically significant. Practical implications This study provides an open insight for managers, bankers, financial analysts in the GCC countries and some other developing economies by highlighting the relationship between corporate characteristics and leverage in an emerging market. Originality/value The current study provides an important insight into corporate characteristics and leverage. By so doing, it provides an attempt to identify the factors influencing corporate financing behavior taking into consideration different issues such as different proxies of firms’ profitability, market capitalization, market value added and liquidity, which provides original evidence from Gulf countries emerging markets. These countries are characterized by low tax rates and high liquidity. High liquidity may reduce the cost of borrowing and debt financing may not be a huge burden on firms’ profits. This makes the investigation of leverage and corporate characteristics, particularly, firms’ profitability and liquidity, very important. Therefore, the study tries to bridge an existing gap in the body of literature of capital structure and debt financing in Gulf countries emerging markets.

show abstract

“…Therefore, before entering into the contract before the implementation of VAT, there should be clear and concise disclosure in the contract about the VAT rate and price. The law of UAE states that if the contracts that have been entered earlier before the implementation of the VAT, then it shall be treated as the mount of contract which is VAT exclusive (Almutairi, 2014). This condition will prevail if:…”

Section: Research Limitations / Implicationsmentioning

confidence: 99%

VAT and Accounting Issues and Solutions in UAE

Zafarullah

2018

International Journal of Social and Administrative Sciences

View full text Add to dashboard Cite

Article HistoryEarlier the implementation of the VAT in UAE was the plan but now has become the reality in UAE. Most of the countries have the system of VAT or GST in accordance with the law of that country. In the initial stages these countries have also faced the challenges and have been solved easily. This article for the publication has been given for providing the overview of VAT and accounting issues that company and the firms will face in UAE. Along with defining the issues, the solution thereon has also been explained. It will help the businesses to implement the VAT successfully and manage the VAT related issues even after the implementation. There will be plethora of issues that the businesses will face in VAT registration. Detail has been given as to which approach of accounting shall be used for making the accounting entries under VAT. With these considerations the article is being presented and hopes it will be useful for the readers and users.

show abstract

Competitive Advantage Through Taxation In GCC Countries

Abstract: This study analyzes and compares the competitive advantage of taxation for six members of the

Cited by 7 publications

References 2 publications

The Determinants of Capital Structure of the GCC Oil and Gas Companies

The Determinants of Capital Structure of the GCC Oil and Gas Companies

Corporate characteristics and leverage: evidence from Gulf countries

VAT and Accounting Issues and Solutions in UAE

Contact Info

Product

Resources

About