文章基本信息

标题：An Assessment of Risk Management Practices of SME Taxpayers in Malawi and their Impact on Tax Compliance
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作者：Stella Binauli Nanthuru ; Liu Pingfeng ; Nie Guihua 等
期刊名称：International Journal of Management Science and Business Administration
电子版ISSN：1849-5664
出版年度：2018
卷号：4
期号：4
页码：7-17
DOI：10.18775/ijmsba.1849-5664-5419.2014.43.1001
出版社：Inovatus Usluge Ltd.
摘要：This study assesses understanding of Risk, and extent of risk management practices in Small and Medium Enterprise (SME) taxpayers in Malawi, subsequently, investigates their relationship with financial performance and tax compliance. The study focuses on unlimited business sectors of SME taxpayers which drew a representation of our sample of 324 SMEs, using Partial Least Square-Structural Equation Modeling (PLS-SEM) to analyze and test hypotheses. Results indicate that half of the SME taxpayers are aware of risks, but only 23% of respondents underwent any training on risk management. 90% of respondents revealed that tax rates are the most significant business constraint; value-added tax (VAT) being the most challenging tax to file. Most respondents identified risks through experience, with risk management practices centering on Chief Executive Officers. Empirical evidence on Path analysis and bootstrapping results established a significant relationship between understanding risks, risk management practices, financial performance and Tax compliance, which is positive, signaling a roadmap for risk mitigation if tax administration is to widen its SME tax net.
关键词：Tax administration; Understanding risk; Risk management practices; Tax compliance; Financial performance; SME taxpayers