This study investigated corporate firm characteristics and tax avoidance of
consumer goods companies that are quoted in Nigeria. The variables of corporate
firm characteristics (firm size (FSIZE), firm profitability (FPROF) and firm
leverage (FLEVE)) were analysed to determine their influence on tax avoidance
(TAXA). For the objective of the study to be achieved, twenty- six (26) quoted
companies on the Nigeria Stock Exchange (NSE) from the consumer sector of the
economy were cautiously selected and analyzed for the period (2016-2020). The
study employed the panel least squares (PLS) regression by using E-view 9.0
packages for the data to be analyzed. The findings of the result showed that firm
size (FSIZE), firm profitability (FPROF) and firm leverage (FLEVE) were found to
be significant and having positive influence on tax avoidance (TAXA). In view of
the findings, it was therefore recommended that the independent variables of firm
size (FSIZE), firm profitability (FPROF) and firm leverage (FLEVE) should be
Elizade University International Journal of Management, (EUIJM)
Volume 1, No. 1, March 2022
given considerable attention when considering corporate firm characteristics as it
relates to tax avoidance of consumer goods companies that are quoted in Nigeria.