OYEBADE SAMSON AJIBOYE

Accounting

At the Accounting department office

Appointment on Visitation important

Topic: TAX OPTIMIZATION AND FINANCIAL STABILITY OF LISTED FIRMS IN NIGERIA

Description:

This thesis investigates the effect of tax optimisation on the financial stability of listed firms in Nigeria. It is motivated by the need for firms to legally minimise tax liabilities while maintaining sustainable liquidity, solvency and debt-servicing capacity. The study aims to determine the individual and combined effects of thin capitalisation, effective tax rate, depreciation tax shield, and property, plant and equipment intensity on financial stability. Financial stability is measured using the debt-to-equity ratio, interest coverage ratio, current ratio and quick ratio, while firm size, firm age and return on assets are included as control variables. The study adopts an ex post facto research design and uses secondary panel data obtained from the audited annual reports of selected listed firms in Nigeria. Data will be analysed using descriptive statistics, correlation analysis and panel regression techniques, supported by relevant diagnostic and robustness tests. The study expects that responsible tax optimisation will enhance corporate financial stability by preserving cash flows, improving liquidity and strengthening debt-servicing capacity. It contributes to knowledge by developing a multidimensional tax-optimisation and financial-stability framework and provides useful evidence for corporate managers, investors, regulators and tax policymakers.

#	Certificate	School	Year
1.	Ph.D (Accounting , (Specialization in Taxation))	Lagos State University , Ojo	2025

TAX AGGRESSIVENES AND LIQUIDITY PERFORMANCE OF LISTED CONSUMER GOOD FIRMS IN NIGERIA

This ongoing study examines the effect of tax aggressiveness on the liquidity performance of listed consumer goods firms in Nigeria. The study is motivated by the increasing use of tax-planning strategies by companies to reduce tax payments and preserve operating cash flows. It specifically investigates the individual and combined effects of the effective tax rate, cash effective tax rate, book–tax differences and thin capitalisation on corporate liquidity. Liquidity performance is measured using the current ratio and quick ratio, while firm size, firm age, leverage and return on assets are included as control variables. The study adopts an ex post facto research design and uses secondary panel data obtained from the audited annual reports of selected listed consumer goods firms in Nigeria. Descriptive statistics, correlation analysis, panel regression and relevant diagnostic and robustness tests will be employed. The study expects that moderate and responsible tax aggressiveness may enhance liquidity by reducing tax-related cash outflows, whereas excessive aggressiveness may weaken liquidity through penalties, regulatory scrutiny and reputational costs. The study will contribute to knowledge by providing sector-specific evidence and will assist managers, investors, tax authorities and policymakers in balancing tax efficiency with sustainable corporate liquidity.

OYEBADE AJIBOYE is a Lecturer II at the Department of Accounting

OYEBADE has a Ph.D in Accounting , (Specialization in Taxation) from Lagos State University , Ojo