SUSTAINABILITY DISCLOSURES AND TAX AGGRESSIVENESS OF QUOTED DEPOSIT MONEY BANKS IN NIGERIA

This research investigated the effect of sustainability disclosures on tax aggressiveness in quoted Deposit Money Banks (DMBs) in Nigeria. The study adopted judgmental sampling technique to select a sample size of eight (8) banks from the period 2016 to 2025 making ten (10) years. Data collected from the banks were analysed with multiple regression technique and it was found that environmental, social, economic and governance sustainability disclosures have positive and significant effect on tax aggressiveness in quoted DMBs in Nigeria. The research concluded that quoted DMBs in Nigeria hide under the sustainability disclosures to engage in tax aggressiveness because increase environmental, social, economic and governance sustainability disclosures have led to increase in tax aggressiveness. Hence, it is recommended to the stakeholders of quoted DMBs in Nigeria particularly the government that there should be need to engage on continuous sustainability tax audit, strictly enforcement of tax laws and punish those who engage in tax aggressiveness practices. In addition, the shareholders should strengthen the internal control mechanisms of the banks to help detect and minimise the chance of tax aggressiveness to reduce the risk of government punishment.