The Impact of CEO Narcissism, Firm Performance, and Company Growth on Tax Avoidance: Emphasizing the Role of Earnings Management in Listed Companies on The Stock Exchanges of Iraq and Oman

Abstract

This study examines the impact of CEO narcissism, firm performance, and company growth on tax avoidance in listed companies on the stock exchanges of Iraq and Oman from 2015 to 2022, with a focus on the role of earnings management. Using a sample of listed firms from both countries, we analyze the relationships between CEO narcissism, firm performance metrics, company growth indicators, earnings management practices, and tax avoidance strategies. Our findings indicate that CEO narcissism has a significant positive effect on tax avoidance in both Iraq and Oman. Additionally, firm performance is positively associated with tax avoidance in both countries. Furthermore, earnings management strengthens the relationship between CEO narcissism and tax avoidance in Iraq. However, earnings management does not moderate the relationship between firm performance and tax avoidance in either country. These results contribute to the understanding of corporate tax behaviors and highlight the importance of considering CEO characteristics and earnings management practices in tax planning strategies. The findings have implications for corporate governance, regulatory oversight, and future research in the field of tax avoidance and earnings management.