CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AND CORPORATE TAX AVOIDANCE IN GUINNESS NIGERIA PLC: MODERATING ROLE OF FEMALE DIRECTORS PRESENCE

ABSTRACT

The study examines corporate social responsibility disclosure (CSR) and corporate tax avoidance (CTA) in Guinness Nigeria Plc. Benin City examining the moderating role of female directors. Our primary goal is to investigate the effect that our main variable of interest – corporate social responsibility has on the level of corporate tax avoidance in Nigeria (using Guinness Plc in Benin City as a case study). This paper also seeks to investigate the effectiveness of both male and female directors in Guinness Nigeria Plc. The methodology adopted in this paper is the survey method in which 150 questionnaires were administered and 140 were retrieved and that formed the basis of our analysis. The findings of this research show that female board directors influence corporate tax compliance than their male counterpart and moreover there are few females in the Guinness board of directors. Based on the findings we would recommend that females in the Guinness board of directors should be increased. There should be a periodic review of corporate social responsibilities of firms so as to increase it to confirm to the economic realities of the times. The study also suggests a continuous tax audit so that the government will not be shortcharged or the company overpaying tax.