MODERATING EFFECT OF PERFORMANCE ON TAX INCENTIVES AND GROWTH OF LISTED AGRICULTURAL FIRMS

Abstract

This study examines the influence of tax incentives on the growth of listed agricultural firms in Nigeria,
and how performance moderates the effect. The study covered the period 2012 to 2021 and the 10-year
data were analysed using descriptive statistics and Partial Least Square Structural Equation Modelling
(PLS-SEM) technique. The empirical results indicated a significant effect of tax incentives on the growth
of listed agricultural firms. However, the moderating effect of performance was found to be insignificant.
The relationship between tax incentives and performance of agricultural firms was also insignificant. The
study concluded that sustaining tax incentives granted to the agricultural sector will influence the growth
of the sector.
Keywords: Agricultural Firms, Tax incentives, Performance, Firm Growth, PLS-SEM.