The Effect of Corporate Income Tax on Financial Performance of Listed Manufacturing Firms in Ghana

Abstract

The study used panel data methodology covering ten listed manufacturing firms over seven years to empirically determine the effect of corporate income tax on financial performance. The study revealed that there is a significant negative relation between corporate income tax and financial performance. On the other hand, firms’ size, age of the firm and growth of the firm show a significant positive relationship with financial performance.

Keywords: Corporate income tax, Firms’ size, growth, Age, financial performance