Abor, J.Bokpin, G.A.Fiawoyife, E.2013-09-192017-10-162013-09-192017-10-162011Taxes and corporate borrowing: Empirical evidence from selected african countries. Journal of African Business, 12(2), 287-303.http://197.255.68.203/handle/123456789/4338In this study the authors examine the effect of taxes on corporate borrowing in selected African countries. With use of a panel regression model, their results suggest that taxation is not important in explaining corporate borrowing decisions. However, they found significant relationships between the other firm-level characteristics and debt-equity ratio. Firm age, for instance, shows a negative effect on debt-equity ratio in Ghana and Kenya but registers a positive effect on debt-equity ratio in South Africa. Firm size signals a positive effect on debt-equity ratio in Kenya and South Africa. Also, debt-equity ratio is negatively affected by profitability in Kenya and growth potential in Nigeria.enAfrica, corporate borrowing, taxesArticle