August 2016

Analysis of value added tax effect on firms’ cash flow in various sectors of the emerging economies

Inadequate cash flow constitutes the major reason for most corporate failures. However, absence of empirical evidence on value added tax (VAT) effect on corporate cash flow in different industries means that cash flow implications are often ignored by VAT policy makers. This study examines the relationship between VAT and firms’ cash flow in various sectors of the economy within the context of an emerging economy....

Author(s): Hussein Salia and Williams Abayaawien Atuilik