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Multiplicity of Taxes and Foreign Direct Investment: A Relational Analysis of Nigerian Tax Environment
Akinwunmi Abiodun Jelil,
Olotu Ayooluwa Eunice,
Adegbie Folajimi Festus
Issue:
Volume 6, Issue 4, August 2017
Pages:
91-101
Received:
11 May 2017
Accepted:
25 May 2017
Published:
12 July 2017
Abstract: Governments of different countries have the constitutional backing to impose a plethora of taxes on both local and foreign entities doing businesses in their countries. It is common for a country most especially the developing one like Nigeria to impose all of these taxes instantaneously. Obviously, these taxes have important implications for investment and economic activity, including Foreign Direct Investment. The emphasis of this study is to examine the relationship between multiple taxes and Foreign Direct Investment inflow in Nigeria for the period 1996 to 2015. The study adopted the ex-post facto research design. Secondary data used was collected from Central Bank of Nigeria Statistical bulletins, National bureau of statistics publications and Central Bank of Nigeria Annual Reports. Descriptive analytical procedure and inferential statistics were employed. The descriptive statistics was used in explaining the characteristics of the variables while inferential statistics involved the use of multiple regressions for analysis and time series was used for estimation. From the findings, it is noted that there is an inverse relationship between multiple taxes and Foreign Direct Investment (FDI) in Nigeria; which implies that the higher the taxes, the less the FDI inflows into the country. The given high value of the R2 (0.858333) implies that a 85.83% systematic variation in Foreign Direct Investment (FDI) is explained by company Income Tax (CIT), Value Added Tax (VAT), Education Tax (ED) and Customs and Excise Duties (CED). The F-statistics with the value of 16.96471and P-value of 0.000017 shows that the model easily passes the F-test at 1%, 5% and 10% level of significance and this means that the hypotheses of a significant linear relationship between the dependent and independent variables taken together is validated by this study. It is therefore recommended that for Nigeria to secure a place as an economically viable nation in Africa, it must strive and achieve an internationally competitive tax system by eliminating all forms of multiple taxes in the country.
Abstract: Governments of different countries have the constitutional backing to impose a plethora of taxes on both local and foreign entities doing businesses in their countries. It is common for a country most especially the developing one like Nigeria to impose all of these taxes instantaneously. Obviously, these taxes have important implications for inves...
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Taylor Scientific Management Theory Carding and Significance of Organization Management
Issue:
Volume 6, Issue 4, August 2017
Pages:
102-107
Received:
19 July 2017
Published:
19 July 2017
Abstract: In the early 20th century, the theory of scientific management was one of the most common management ideas and theories in western industrialized countries. In the production practice, Taylor developed his theory of scientific management through constant scientific experiments and scientific calculation. This theory revolves around the main problem of "improving labour productivity", puts forward about the basic theory of management and organization, mainly including: norm of work, difference piecework system, specialized management function, management exception principle, etc. This paper, through the analysis of the related knowledge of scientific management theory, obtains some points of view and the significance for the management of public organizations in China.
Abstract: In the early 20th century, the theory of scientific management was one of the most common management ideas and theories in western industrialized countries. In the production practice, Taylor developed his theory of scientific management through constant scientific experiments and scientific calculation. This theory revolves around the main problem...
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Strategies for Regeneration of Urban Villages in Hometown of Oversea-Chinese
Issue:
Volume 6, Issue 4, August 2017
Pages:
108-122
Received:
21 March 2017
Accepted:
11 April 2017
Published:
26 July 2017
Abstract: Hometown of Oversea-Chinese is a special phenomenon in the history of Chinese near-modern development, mainly in the east and south coast of China. At the beginning of last century, a large number of coastal residents moved overseas for living. After decades of efforts, they invested back hometown to build houses. These residence layouts consist both local traditional culture and foreign features, forming a special landscape. In recent years, economic globalization has promoted rapid urbanization, which leads massive population flowing from rural to urban areas. Cities eroded the countryside field and evacuated the rural labor force, leading to a large number of abandoned deteriorated urban villages, including the hometown of Oversea-Chinese. This paper focuses on the regeneration of urban villages in hometown of Oversea-Chinese. With the influence of global industrialization and rapid urbanization in recent decades in China, a large number of Oversea-Chinese residence groups have become empty and decayed urban villages gradually. However, they are different from urban villages in other parts of China, as they have unique cultural features and historical value, therefore research on the regeneration of this type of urban villages not only contribute to local economic development but also is closely related to the hot topic of how to maintain cultural differences under the process of globalization. We surveyed their formation process, historical and cultural characteristics and put forward some strategies of regeneration from the three aspects of society, economy and environment: explore history culture to strengthen the bond with Oversea-Chinese, develop cultural and creative industries and appropriate tourism to promote economic activities and improve the environment by government-led planning.
Abstract: Hometown of Oversea-Chinese is a special phenomenon in the history of Chinese near-modern development, mainly in the east and south coast of China. At the beginning of last century, a large number of coastal residents moved overseas for living. After decades of efforts, they invested back hometown to build houses. These residence layouts consist bo...
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An Analysis on Dynamic and Static Aspects of Language Taboo from Cross-cultural Perspective
Issue:
Volume 6, Issue 4, August 2017
Pages:
123-126
Received:
1 August 2017
Published:
2 August 2017
Abstract: With acceleration of globalization, cross-cultural communication is increasing day by day. Language is the carrier of culture and promotes effective communication. Under the multicultural context of cross-cultural communication, language taboo regarded as part of culture is one of important sensitive issues. Because there are always some conflicts in the cross-cultural communication. Some conflicts are caused by language taboo. This article starts from cross-cultural perspective, deeply interprets language taboo in all aspects, understands and masters phenomenon to take appropriate measures, aims to provide constructive views of exploring cross-cultural communication skills. Knowing the static and dynamic changes of language taboo phenomenon would help people effectively master communicational skills to avoid misunderstandings.
Abstract: With acceleration of globalization, cross-cultural communication is increasing day by day. Language is the carrier of culture and promotes effective communication. Under the multicultural context of cross-cultural communication, language taboo regarded as part of culture is one of important sensitive issues. Because there are always some conflicts ...
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