IDEAS home Printed from https://ideas.repec.org/a/ibf/acttax/v5y2013i1p29-39.html
   My bibliography  Save this article

Stock Market And Tax Revenue Collection In Malaysia: Evidence From Cointegration And Causality Tests

Author

Listed:
  • Roshaiza Taha

Abstract

This study empirically examined the relationship between stock market performance and taxation in Malaysia over the period 1980 to 2008. The Gregory Hansen methodology was utilized to examine which tax collected by Malaysia’s Government most impacted stock market performance in Malaysia. The results show that stock market performance contributes most to the changes in company tax revenue as compared to personal taxes and real property gain taxes. In addition, the analysis detects a significance break, which impacts the nature of the relationship between variables. This finding indicates that stock market performance in Malaysia was influenced by strong growth of company tax revenue collection. Thus, fiscal policy authorities in Malaysia should enhance efforts to promote stock market activities, which will subsequently increase the tax revenue collection.

Suggested Citation

  • Roshaiza Taha, 2013. "Stock Market And Tax Revenue Collection In Malaysia: Evidence From Cointegration And Causality Tests," Accounting & Taxation, The Institute for Business and Finance Research, vol. 5(1), pages 29-39.
    • Handle: RePEc:ibf:acttax:v:5:y:2013:i:1:p:29-39
    as

    Download full text from publisher

    File URL: http://www.theibfr2.com/RePEc/ibf/acttax/at-v5n1-2013/AT-V5N1-2013-4.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nazreen Parveen Ali & Ashit Saha, 2021. "Market Efficiency of Indian Capital Market: An Event Study Around the Announcement of Results of Lok Sabha Election 2019," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 12(1), pages 60-70, January.
    2. Rudra P. Pradhan & Mak B. Arvin & Mahendhiran S. Nair & John H. Hall, 2022. "The dynamics between financial market development, taxation propensity, and economic growth: a study of OECD and non-OECD countries," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(3), pages 1503-1534, June.

    More about this item

    Keywords

    Company tax; Personal tax; Stock market; Structural break;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • G1 - Financial Economics - - General Financial Markets
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibf:acttax:v:5:y:2013:i:1:p:29-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mercedes Jalbert (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.