Côme Nahimana - Academia.edu (original) (raw)
Papers by Côme Nahimana
The study aims to assess the effect of income tax on the financial performance of hotels in Rwand... more The study aims to assess the effect of income tax on the financial performance of hotels in Rwanda. According to the Rwanda Chamber of Tourism, taxes imposed on hotel's Staff feeding lesser hotel's financial performance consequently taxed on recurrent expenses rather than income raise tax avoidance or evasion to hotel investors. The general objective of this study is to assess the effect of income tax and hotel financial performance in Rwanda. During this study, a descriptive research design was used. The target population was 23 hotels selected from three to five star hotels. The data were collected from financial reports from the respondents. SPSS tool was used to analyze the data. Multiple regression analysis was used. The results of the study shown that Earnings Before Interest and Tax (r=. 290, p<0.091), net income (r=. 286, p<0.095), Net income adjusted (r=. 264, p<. 125), Return on Asset (r=. 261, p<. 130), liquidity (r=. 466 **, p>. 005), Firm age (r=. 143, p<. 411. Turnover has a positive low correlation on net income (r=.367 * , p>.03), Net income adjusted (r = .351 * , p>.039), return on asset (r= .301, p<.000) and firm age (r = .309, p<.16). this means that hotels has a number of expenditures thus lowered earnings though turnover can't be influenced by net income, neither adjusted nor return on asset. All controls showed a non-significant level on financial performance, for ROA (Hotel Category, p<0.215, Hotel size, p<0.331), Turnover (Hotel category, p<0.076, Hotel size, p<0.851) and EBIT (Hotel category, p<0.182; Hotel size, p<0.464). however, the result indicate also that Staff feedings has a positive significant effect on financial performance, ROA (p<0.001, Turnover (p<0.015), EBIT (p<0.001Through that recommendation were drawn where government should intervene with clear policies to help hotel reinvest their liquidity while hotels should more emphasize on formal accounting of staff feedings.
Enterprise and Economic Development in Africa
The study aims to assess the effect of income tax on the financial performance of hotels in Rwand... more The study aims to assess the effect of income tax on the financial performance of hotels in Rwanda. According to the Rwanda Chamber of Tourism, taxes imposed on hotel's Staff feeding lesser hotel's financial performance consequently taxed on recurrent expenses rather than income raise tax avoidance or evasion to hotel investors. The general objective of this study is to assess the effect of income tax and hotel financial performance in Rwanda. During this study, a descriptive research design was used. The target population was 23 hotels selected from three to five star hotels. The data were collected from financial reports from the respondents. SPSS tool was used to analyze the data. Multiple regression analysis was used. The results of the study shown that Earnings Before Interest and Tax (r=. 290, p<0.091), net income (r=. 286, p<0.095), Net income adjusted (r=. 264, p<. 125), Return on Asset (r=. 261, p<. 130), liquidity (r=. 466 **, p>. 005), Firm age (r=. 143, p<. 411. Turnover has a positive low correlation on net income (r=.367 * , p>.03), Net income adjusted (r = .351 * , p>.039), return on asset (r= .301, p<.000) and firm age (r = .309, p<.16). this means that hotels has a number of expenditures thus lowered earnings though turnover can't be influenced by net income, neither adjusted nor return on asset. All controls showed a non-significant level on financial performance, for ROA (Hotel Category, p<0.215, Hotel size, p<0.331), Turnover (Hotel category, p<0.076, Hotel size, p<0.851) and EBIT (Hotel category, p<0.182; Hotel size, p<0.464). however, the result indicate also that Staff feedings has a positive significant effect on financial performance, ROA (p<0.001, Turnover (p<0.015), EBIT (p<0.001Through that recommendation were drawn where government should intervene with clear policies to help hotel reinvest their liquidity while hotels should more emphasize on formal accounting of staff feedings.
Enterprise and Economic Development in Africa