CORPORATE GOVERNANCE AND COMPANIES INCOME TAX LIABILITIES IN NIGERIA

ABSTRACT

This study was motivated by a desire to examine Corporate
Governance and Companies Income Tax Liabilities in Nigeria especially in the
banking sector. In light of the empirical review and other discussions, a number of
questions arose as to whether the composition of board has significant impact on
the income tax of banks in Nigeria. Using the panel least square method with the
aid of computer software, the empirical finding revealed among other things that
the size of the board has no significant impact on the income tax of the banks in
Nigeria. Therefore, imply the need for sound corporate governance in the banking
sector of Nigeria.