Governance Transparency of Tax Revenue Performance in West Africa
This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of governance and taxation revenue performance. The main purpose of the research is to examine the influence of management on tax revenue performance in West African countries. Specifically, the st...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Academic Research and Publishing UG (AR&P)
2022-06-01
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| Series: | Business Ethics and Leadership |
| Subjects: | |
| Online Access: | https://armgpublishing.sumdu.edu.ua/journals/bel/volume-6-issue-1/article-2/ |
| _version_ | 1797703308066947072 |
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| author | Ramat Titilayo Salman Peter Sanni Taiwo Azeez Olaniyi Khadijat Adenola Yahaya |
| author_facet | Ramat Titilayo Salman Peter Sanni Taiwo Azeez Olaniyi Khadijat Adenola Yahaya |
| author_sort | Ramat Titilayo Salman |
| collection | DOAJ |
| description | This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of governance and taxation revenue performance. The main purpose of the research is to examine the influence of management on tax revenue performance in West African countries. Specifically, the study aimed to investigate the impact of regulatory quality (political stability) and (voice and accountability) on tax revenue performance in West African countries; and to assess the effect of governance efficiency (the rule of law and control of corruption) on the performance of tax generation of West African countries. Secondary data were sourced from Governance indicators which cover 2005 to 2017. Regression analysis was employed to test the research hypotheses: regulatory quality does not significantly influence tax revenue performance in West African countries; and government efficiency does significantly affect tax revenue in West African countries. Sixteen West African countries were purposively chosen because of governance issues such as political instability and government ineffectiveness. The paper presents the results of an empirical analysis, which showed that regulatory quality, political stability and absence of violence, and voice and accountability have insignificant impacts (p-value>5% level of significance) on tax revenue performance. Moreover, government effectiveness, the rule of law and control of corruption have positive and significant impacts (p-value<5% level of significance) on tax revenue performance in West African countries. The study concludes that governance affects tax revenue performance in West African Countries; thus, the study recommends, among others that government should come up with realistic policies that will increase public and civil service quality. |
| first_indexed | 2024-03-12T05:03:39Z |
| format | Article |
| id | doaj.art-42e42577730e40028b065a2a422557b6 |
| institution | Directory Open Access Journal |
| issn | 2520-6761 2520-6311 |
| language | English |
| last_indexed | 2024-03-12T05:03:39Z |
| publishDate | 2022-06-01 |
| publisher | Academic Research and Publishing UG (AR&P) |
| record_format | Article |
| series | Business Ethics and Leadership |
| spelling | doaj.art-42e42577730e40028b065a2a422557b62023-09-03T09:03:40ZengAcademic Research and Publishing UG (AR&P)Business Ethics and Leadership2520-67612520-63112022-06-0161142410.21272/bel.6(1).14-24.2022Governance Transparency of Tax Revenue Performance in West AfricaRamat Titilayo Salman0https://orcid.org/0000-0001-7786-4577Peter Sanni1https://orcid.org/0000-0003-1098-5889Taiwo Azeez Olaniyi2https://orcid.org/0000-0003-4265-8217Khadijat Adenola Yahaya3https://orcid.org/0000-0002-2840-5750PhD, FCTI, Department of Accounting, Faculty of Management Sciences, University of Ilorin, Ilorin, Kwara State, NigeriaM.Sc., Department of Accountancy, Kogi State Polytechnic, Lokoja, Kogi, NigeriaPhD, ACA, Department of Accounting, Faculty of Management Sciences, University of Ilorin, Ilorin, Kwara State, NigeriaPhD, ACA, Department of Accounting, Faculty of Management Sciences, University of Ilorin, Ilorin, Kwara State, NigeriaThis paper summarizes the arguments and counterarguments within the scientific discussion on the issue of governance and taxation revenue performance. The main purpose of the research is to examine the influence of management on tax revenue performance in West African countries. Specifically, the study aimed to investigate the impact of regulatory quality (political stability) and (voice and accountability) on tax revenue performance in West African countries; and to assess the effect of governance efficiency (the rule of law and control of corruption) on the performance of tax generation of West African countries. Secondary data were sourced from Governance indicators which cover 2005 to 2017. Regression analysis was employed to test the research hypotheses: regulatory quality does not significantly influence tax revenue performance in West African countries; and government efficiency does significantly affect tax revenue in West African countries. Sixteen West African countries were purposively chosen because of governance issues such as political instability and government ineffectiveness. The paper presents the results of an empirical analysis, which showed that regulatory quality, political stability and absence of violence, and voice and accountability have insignificant impacts (p-value>5% level of significance) on tax revenue performance. Moreover, government effectiveness, the rule of law and control of corruption have positive and significant impacts (p-value<5% level of significance) on tax revenue performance in West African countries. The study concludes that governance affects tax revenue performance in West African Countries; thus, the study recommends, among others that government should come up with realistic policies that will increase public and civil service quality.https://armgpublishing.sumdu.edu.ua/journals/bel/volume-6-issue-1/article-2/governanceperformancetaxationwest africa |
| spellingShingle | Ramat Titilayo Salman Peter Sanni Taiwo Azeez Olaniyi Khadijat Adenola Yahaya Governance Transparency of Tax Revenue Performance in West Africa Business Ethics and Leadership governance performance taxation west africa |
| title | Governance Transparency of Tax Revenue Performance in West Africa |
| title_full | Governance Transparency of Tax Revenue Performance in West Africa |
| title_fullStr | Governance Transparency of Tax Revenue Performance in West Africa |
| title_full_unstemmed | Governance Transparency of Tax Revenue Performance in West Africa |
| title_short | Governance Transparency of Tax Revenue Performance in West Africa |
| title_sort | governance transparency of tax revenue performance in west africa |
| topic | governance performance taxation west africa |
| url | https://armgpublishing.sumdu.edu.ua/journals/bel/volume-6-issue-1/article-2/ |
| work_keys_str_mv | AT ramattitilayosalman governancetransparencyoftaxrevenueperformanceinwestafrica AT petersanni governancetransparencyoftaxrevenueperformanceinwestafrica AT taiwoazeezolaniyi governancetransparencyoftaxrevenueperformanceinwestafrica AT khadijatadenolayahaya governancetransparencyoftaxrevenueperformanceinwestafrica |