The Impact of Petroleum Tax Incentives on Foreign Direct Investment Inflow: Evidence From Nigeria

Kyari, Adam Konto

doi:10.32479/ijeep.9187

Cited by 5 publications

(6 citation statements)

References 9 publications

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“…There are many implication for this results and one of it is that the observed significant positive effect of tax savings on the liquidity performance of the industrial good firms may indicate that the lesser their burden in tax liability the higher their liquidity. The findings align with the results of Kyari et al (2020, Ngure (2018 and Olaleye et al (2016) who found a positive and significant effect of tax incentives on manufacturing firms in Nigeria. Furthermore this equally implies that once there is considerable reduction in the tax paid by these firms, they will have enough cash to meet their daily operation needs and finance their assets without selling off the inventory or externally sourcing for funds.…”

Section: Tax Incentives and Liquidity Performancesupporting

confidence: 90%

“…However, Andersen and Tveiten (2017) conducted a study on the effect of corporate tax avoidance on investments and its relationship to firm liquidity and established that higher liquidity firms tend to invest more and companies classified as "good liquidity firms" seem to have a greater investment sensitivity to changes in the effective tax rate. Kyari (2020) studied the impact of petroleum tax incentives on investment inflow in Nigeria. Data was collected via a five point Likert questionnaire and analyzed using descriptive statistics and the Kruskal-Wallis technique.…”

Section: Empirical Reviewmentioning

confidence: 99%

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Tax Incentives and Liquidity Performance of Quoted Industrial Goods’ Firms in Nigeria

2022

EJBM

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This study examined the effect of tax incentives on liquidity performance of quoted manufacturing firms in Nigeria Exchange Group. Expo-facto research design was adopted in the study. The population of the study comprised of 18 industrial goods firms listed in Nigeria Exchange Group from 2012 to 2021. The sample size of 10 firms was selected using purposive sampling technique. Data was obtained from secondary sources through the published financial statements of the companies. Data were analyzed through descriptive and inferential statistics. The result from the analysis of data revealed that tax savings had a significant and positive effect on liquidity performance of companies. The findings also from the study revealed that tax holyday has a negative and insignificant effect on companies' liquidity performance. The study concluded that liquidity performance of quoted manufacturing firms improves at the instant of tax savings. It was therefore recommended that Nigerian government should provide adequate tax incentives for manufacturers in Nigeria in order to achieve the growth of infant manufacturing industries.

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Section: Tax Incentives and Liquidity Performancesupporting

confidence: 90%

Section: Empirical Reviewmentioning

confidence: 99%

Tax Incentives and Liquidity Performance of Quoted Industrial Goods’ Firms in Nigeria

2022

EJBM

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“…Tenaga kerja dapat mempengaruhi investasi melalui tenaga kerja yang produktif, karena tenaga kerja produktif dengan jumlah yang besar dapat meningkatkan produktivitas perusahaan, sehingga dapat mempengaruhi investasi. Produktivitas kerja sangatlah penting bagi suatu perusahaan sebagai alat ukur keberhasilan dalam menjalankan usaha, karena semakin tinggi produktivitas kerja, maka keuntungan perusahaan akan meningkat (Kyari, 2020). Oleh karena itu, investor cenderung tertarik untuk menanamkan modalnya di suatu wilayah yang memiliki produktivitas yang tinggi karena akan memberikan keuntungan yang lebih besar (Muhammad Syaikhu & Haryati, 2017).…”

Section: Pendahuluanunclassified

Analisis Pola Penyebaran Investasi Dan Faktor Yang Mempengaruhinya Di Provinsi Sumatera Barat

Rizki Adi Putra,

Alpon Satrianto

2024

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Investment is basically the initial stage of economic development. The influx of investment has a positive impact on regional development, so the government's role is needed to attract new investors. This research aims to analyze the distribution of investment patterns and the extent of the influence of per capita income, infrastructure, labor and crime on investment in West Sumatra Province. This research uses panel data obtained from various government institutions during the time period 2017 - 2021. The methods used in this research are theil entropy index and panel data regression. The research results show that the pattern of investment distribution initially tended to be spread out and changed to tend to be concentrated in the category of moderate inequality, crime has a negative and significant effect on investment, while per capita income, infrastructure and labor do not have a significant effect on investment.

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“…In analyzing the asymmetric influence of crude oil price on the economic growth for the period of 1945 to 2018 in the case of the economy of Spain, Cantavella (2020) utilized nonlinear ARDL approach and the outcome indicated that decrease in the price of crude oil exerts a larger impact on the economic growth of the country than the increase in the price of crude oil. Kyari (2020) in his investigation for the appropriateness of petroleum tax incentives package in bringing the inflows of foreign direct investments into Nigeria used a questionnaire based on the five-point Likert scale and analyzed the data via descriptive statistics and the technique of Kruskal-Wallis. The outcome revealed that the package of petroleum tax incentive is adequate in number and suitable in attracting the inflows of foreign direct investment into the country.…”

Section: Evidence From Foreign Studiesmentioning

confidence: 99%

Crude Oil Price, Interest Rate and Unemployment Nexus in Nigeria: An Application of Toda and Yamamoto Long-Run Causality Procedure

2021

Marketing and Branding Research

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This study aims to examine the relationship between crude oil price, interest rate and the unemployment rate in Nigeria using times series data for the 1991-2019 periods. The stationarity property of the series was examined using Augmented Dickey and Fuller (1979) and Elliot, Rothenberg and Stock's (1996) unit root test. The outcomes of Augmented Dickey and Fuller indicated a mixture of an order of integration among the series while Elliot et al.'s (1996) unit root test revealed that all the series are stationary at the first difference and therefore are said to integrate of order one. The Toda and Yamamoto long-run granger causality indicated that one-way causality exists flowing from crude oil price to unemployment rate, unemployment rate to interest rate, population growth to the unemployment rate, crude oil price to interest rate and population growth to interest rate alongside two-way causality flowing from population growth to crude oil price. Therefore, based on the empirical outcomes we recommended that labour will serve as an efficient substituting factor of production for energy and capital in the case of the Nigerian economy and Nigerian government should develop both industrial and noncrude oil sectors to create employment opportunities for the unemployed teeming population as well as increasing the country's export.

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The Impact of Petroleum Tax Incentives on Foreign Direct Investment Inflow: Evidence From Nigeria

Cited by 5 publications

References 9 publications

Tax Incentives and Liquidity Performance of Quoted Industrial Goods’ Firms in Nigeria

Tax Incentives and Liquidity Performance of Quoted Industrial Goods’ Firms in Nigeria

Analisis Pola Penyebaran Investasi Dan Faktor Yang Mempengaruhinya Di Provinsi Sumatera Barat

Crude Oil Price, Interest Rate and Unemployment Nexus in Nigeria: An Application of Toda and Yamamoto Long-Run Causality Procedure

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