Validating oil and gas royalty rate measurement scale: evidence from Nigeria / Abba Ya’u, Natrah Saad and Abdussalam Mas’ud

Ya’u, Abba and Saad, Natrah and Mas’ud, Abdussalam (2019) Validating oil and gas royalty rate measurement scale: evidence from Nigeria / Abba Ya’u, Natrah Saad and Abdussalam Mas’ud. In: ICAM2019 – International Conference on Accounting and Management. Faculty of Accountancy, Universiti Teknologi MARA Puncak Alam, Selangor, p. 63. ISBN 978-967-17038-0-9

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Abstract

There is rising concern over the lack of scales on the oil and gas company’s royalty rate compliance by host oil and gas countries. This study attempts to validate royalty rate compliance scale by means of rigorous scale validation procedures. Therefore, an adapted questionnaire comprising seven (7) items was administered to 184 local and multinational oil and gas companies in Nigeria. All the items were subjected to evaluations and validations by 8 experts reviewers with cognate experience in oil and gas activities. Exploratory Factor Analysis (EFA) and Confirmatory Factor Analysis using SPSS version 25, indicator reliability, internal consistency Using PLS SEM were used to analyze the data. The results provide evidence that the royalty rate compliance scale have achieved a reliable and valid factor structure. Consequently, Policymakers, government, practitioners and researchers can adapt this scale to assess royalty rate compliance by oil and gas companies in different jurisdictions across the globe. This study undoubtedly builds the existing literature and contributes to the subject area, which by implication will enhance the fiscal policies arrangement and practice of petroleum producing countries.

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Item Type: Book Section
Creators:
Creators
Email
Ya’u, Abba
abbayau1@gmail.com
Saad, Natrah
natrah@uum.edu.my
Mas’ud, Abdussalam
masudabdussalam@gmail.com
Subjects: H Social Sciences > HB Economic Theory. Demography > Value. Utility. Value added
H Social Sciences > HB Economic Theory. Demography > Income. Factor shares
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Accountancy
Page Range: p. 63
Item ID: 43808
Uncontrolled Keywords: Royalty; Compliance; Validation; Measurement; Scale; Oil; Companies
URI: https://ir.uitm.edu.my/id/eprint/43808

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43808

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