Corporate governance in relation to quality of tax liability Relation between corporate governance quality and tax liability. That is, measure corporate governance for EGX 30 firms over 5 years. Use this Corporate Governance measure to see if it is correlated with the firm’s reported tax liability on its 5-year balance sheets. Basically, you are testing if well-governed firms (compared to less well-governed ones) have good tax payment record. 2: Progress Report Topic 5: Corporate Governance & Tax Liability Group Members: – Leen Beshai – Seif El Din A. – Mohamed Khattab – Mohamed Farahat – Ahmed Haroun Topic: Relation between corporate governance quality and tax liability. That is, measure corporate governance for EGX 30 firms over 5 years. Use this CG measure to see if it is correlated with the firm’s reported tax liability on its 5-year balance sheets. Basically, you are testing if well-governed firms (compared to less well-governed ones) have good tax payment record. Sources must be academic sources that are trustworthy.