IMPACT OF CORPORATE GOVERNANCE AND TAX PLANNING ON SUSTAINABLE PERFORMANCE OF LISTED OIL MARKETING COMPANIES IN NIGERIA

his study investigates the impact of corporate governance and tax planning on performance of listed oil marketing companies in Nigeria from 2013 to 2022. The study used ex post facto correlational research design while, eleven (11) listed oil-marketing companies made up the population of the study. The data was collected from the published financial statements of five sampled listed oil-marketing companies. Using multiple regression analysis technique, the multiple regression results revealed that firm size has positive but insignificant effect while gender diversity and board size has negative and insignificant effects on sustainable financial performance; however, effective tax rate has positive significant effects on sustainable financial performance of oil marketing firms. The study concluded that corporate governance does not influence sustainable financial performance of listed oil marketing firms in Nigeria, while tax planning influences sustainable financial performance of listed oil marketing firms in Nigeria. Hence, it is recommended that firms need to employ the services of tax experts and implement more healthy tax planning strategies for greater sustainable financial performance. Finally, this study will assist users of financial information and prospective researchers in making informed decisions; this is besides, providing the management with the vital information on how to sustainably improve their firms' performance.