ASSESSING THE IMPACTS OF PERSONAL AND SOCIETAL NORMS AND PUBLIC STATUS ON TAX MORALE AND SHADOW ECONOMY BEHAVIORS: A WORLDWIDE APPROACH (Published)
More and more people around the world are operating businesses off the data grid in order to avoid payment of taxes. The boom in underground economies leave governments insufficient revenue to provide adequate public services, which include health care, roads, education, or even better tax collection. Numerous literatures exist on the single aspect of the hidden economy focusing on the size, causes, consequences, characterizing of its presence, a current study is lacking on the impacts of people’s perception on the growth of shadow economy. It is likely that this dearth of research on the impacts of peoples’ perception regarding underground economy activities in the past is the result of the difficulties in providing reliable official indicators for direction of intended government policy measures. Presently, attention is being drawn on people’s perceptions towards the shadow economy. This research study was conducted to address these limitations relating to underground economic activities from peoples’ perspective.
Keywords: Employment Status, Official Economy, Sam Agbi, Shadow Economy, Societal Norms, and Eniola Agbi