December 2016

Tax evasion: Empirical evidence from sub-Saharan Africa

Tax is the income which is paid to the government in order to fulfill the need of the public. However tax evasion is the act of not paying the tax by use of illegal ways. Allingham and Sandmo being the first researchers studying the tax evasion found a relationship of tax evasion with low penalty fees and a low detection. The tax evasion basically is affected by various factors but it also affects many economic factors....

Author(s): Aumeerun, B, Jugurnath, B and  Soondrum, H.

December 2016

Structure theories: Panel data evidence from the United Kingdom

The purpose of this study is to identify the factors affecting the capital structure of UK quoted companies during 2000-2012, based on the main theories of capital structure. We try to find out which of these theories (trade-off theory, agency cost theory, pecking-order theory) are best suited for empirical explanation of the capital structure of the UK firms. Therefore, the case for consideration in this study is to...

Author(s): Dimitrios Vortelinosa, Konstantinos Gkillas and Georgios Alexopoulosc