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Table 8 Additional test (GMM).

From: The nexus between standalone risk committees and tax aggressiveness: evidence from Nigeria

Variable

Coefficient

T-Stat

P value

CASHFETR(− 1)

0.11472

11.9095*

0.0000

RSKCM

0.31128

8.0422*

0.0000

ACSIZE

− 0.06043

− 5.4436*

0.0000

BIND

− 0.34881

− 5.8404*

0.0000

FSIZE

0.01692

0.5539

0.5798

INOWN

− 0.24468

− 5.4808*

0.0000

LOSS

− 0.0089

− 0.5178

0.6048

J-statistic

57.4223

  

Prob(J-statistic)

0.2193

  

AR(1) Coeff

− 4.9471

  

AR(2) Prob

0.3808

  

Instruments/groups

67/80

  
  1. * Sig @ 1%; ** Sig @ 5%