Abdallah, W. M., & Maghrabi, A. S. (2009). Do multinational companies have effective transfer pricing systems of intangible assets and e-commerce? International Journal of Commerce and Management, 19(2), 115–126.
Affes, H., & Bouaziz, Z. (2012). The Impact of the Strategy in Determining Transfer Prices:Case of the Tunisian Companies. Global Journal of Management and Business Research, 12(5).
Altshuler, R., & Grubert, H. (2010). Formula Apportionment: Is it better than the Current System and are There Better Alternatives? National Tax Journal, 63(4), 1145–1184.
Andae, G. (2014, July 14). Tax evasion sting recovers Sh25bn from multinationals. Business Daily. Retrieved from http://www.businessdailyafrica.com
Arnold, G., & Kyle, S. (2018). Intermediate Financial Accounting (2018th ed., Vol. 1). Lyryx.
Atu, O.-E. O. K., Ogbeide, E., Agbo, I. S., & Ozele, C. E. (2014). Responsibility Accounting: An Overview. IOSR Journal of Business and Management (IOSR-JBM), 16(1), 73–79.
Awad, I. O., & Attia, E. F. (2013). Transfer Pricing by the Multinational Companies : The Case of Egypt. World Journal of Social Sciences, 3(4), 158–182.
Baker, A. (Ed.). (2009). Transfer Pricing and Business Restructurings: Streamlining All The Way. Amsterdam: IBFD.
Barry, F., & Healy-Rae, R. (2010). FDI implications of recent European Court of Justice decisions on corporation tax matters. European Business Organization Law Review, 11(1), 125–146.
Benshalom, I. (2013). Rethinking the Source of the Arm’s Length Transfer Pricing Problem. Virginia Tax Review, 32(3), 425–459.
Boita, M., Grigorescu, G., & Constantin, E. (2013). Transfer Filing File- a contextualized Approach. Case Study. Journal of Economics and Business Research, 2, 183–190.
Cecchini, M., Leitch, R., & Strobel, C. (2013). A Multiple Objective Search Process for Management Using a Transfer Pricing Example. International Journal of Business and Management, 8(21), 89–107
Chigbu, E. ., Akujuobi, L. E., & Appah, E. (2012). An Empirical Study on the Causality between Economic Growth and Taxation in Nigeria. Current Research Journal of Economic Theory, 4(2), 29–38.
Choudhry, H. (Ed.). (2013). Practical Manual on Transfer Pricing for Developing Countries. New York. Retrieved from www.un.org
Chu, H. (2012). Optimal Thin Capitalisation Rule in a Simple Endogenous Growth Model with Tax Havens. Australian Economic Papers, 51(3), 123–133.
Collier, P. M. (2005). Accounting for Managers; Interpreting Accounting Information for decision-making. Issues in Accounting Education (Vol. 20). Ontario: John Wiley & Sons Ltd.
Dalloshi, P. (2012). Accounting and Auditing Transfer Pricing : Is the Comparable Uncontrolled Price Method the Best Method in all Cases ? Accounting and Auditing, 8(6), 68–77. 8
Dogan, Z., Deran, A., & Koksal, A. G. (2013). Factors Influencing the Selection of Methods and Determination of Transfer Pricing in Multinational Companies : A Case Study of United Kingdom. International Journal of Economics and Financial Issues, 3(3), 734–742.
Duffie, D., Garleanu, N., & Pederson, L. H. (2005). Over-the-counter markets. Econometrica, 73(6), 1815–1847.
Dyer & Blair Investment Bank. (2012). Kenya Cement industry Brief Overview (Vol. 2012). Nairobi.
Elliott, J. (1999). Managing International Transfer Pricing Policies : A Grounded Theory Study. University of Glasgow.
Feinshreiber, R. (2004). Transfer Pricing Methods: An Applications Guide. New Jersey: John Wiley & Sons.
Firmansyah, M., Suman, A., Manzilati, A., & Susilo. (2013). The Illegal Transaction Cost in the Recruitments of Civil Servants. International Journal of Economic Research, 412, 89–103.
Genschel, P. (2005). Globalization and the transformation of the tax state. European Review, 13(Supp No. 1), 53–71.
Government of Kenya. The Income Tax Act (2010). Kenya: Kenya Revenue Authority. Retrieved from www.kra.go.ke
Gravelle, J. G. (2009a). National Tax Association. The National Tax Journal, 62(4), 727–753.
Gravelle, J. G. (2009b). Tax Havens: International Tax Avoidance and Evasion. National Tax Journal, 62, 727–753.
Groetzinger, J., Williams, E. M., & Schafer, J. (2011). The Canada-United States Tax Regime. Canada- United States Law Journal, 36(1), 209–236.
Gujarathi, M. R. (2007). GlaxoSmithKline Plc.: International Transfer Pricing and Taxation. Issues in Accounting Education, 22(4), 749–759.
Hafeez, A., & Andersen, O. (2014). Factors Influencing Accounting Outsourcing Practices among SMEs in Pakistan Context: Transaction Cost Economics (TCE) and Resource-Based Views (RBV) Prospective. International Journal of Business and Management, 9(7), 19–32.
Hamkdok, A. (2012). “High Level Panel (HLP) on Illicit Financial Flows (IFF) from Africa” Information Note. Johannesburg: United Nations Economic Commission for Africa.
Hardt, L. (2011). An inquiry into the explanatory virtues of transaction cost economics. Journal of Philosophical Economics, 5(1), 120–147.
Hauke, J., & Kossowski, T. (2011). Comparison of values of pearson’s and spearman's correlation coefficients on the same sets of data. Quaestiones Geographicae, 30(2), 87–93.
Herzig, N., & Kuhr, J. (2011). Direct taxation in the EU: the common corporate tax base as the next sub-step towards harmonization. Wroclaw Review of Law, Administration & Economics, 1(2), 1–12.
Hesse-Biber, S. N., & Leavy, P. (2011). The Ethics of Social Research. In The Practice of Qualitative Research (pp. 59–89). Sage Publications.
Huh, W. T., & Park, K. S. (2013). Structural properties of network revenue management models: an economic perspective. Naval Research Logistics, 60, 269–293.
Irungu, G. (2015, April 12). EAC rules seek crackdown on nominee accounts. Business Daily.
Janský, P., & Kokeš, O. (2015). Corporate tax base erosion and profit shifting out of the Czech Republic. Post-Communist Economies, 27(4), 537–546.
Janský, P., & Prats, A. (2015). International Profit-Shifting out of Developing Countries and the Role of Tax Havens. Development Policy Review, 33(3), 271–292.
Jarczok-Guzy, M. (2017). The principles of tax law equality in the context of direct taxation. Journal of Economics and Management, 30(4), 70–84.
Jensen, N. M., & Rosenzweig, A. H. (2015). Can A Single Country Increase the Taxes of Multinantional Corporations? Evidence from the Impact of the 1993 Corporate Tax Rate Increase on Fortune 500 Companies. Journal of Empirical and Legal Studies, 12(4), 757–780.
Karani, L. O. (2015). An Evaluation of Factors Affecting Dividend Payout Ratio of Locally Owned Commercial Banks in Kenya. An Evaluation of Factors Affecting Dividend Pay Out Ratio of Locally Owned Commercial Banks in Kenya. United States International University Africa.
Kathurima, R. I., Ombul, K., & Iravo, M. a. (2016). Effects Of Materials Handling Systems on Performance of Cement Manufacturing Firms in Machakos County. International Academic Journal of Procurement and Supply Chain Management, 2(1), 21–36.
Kenya National Bureau of Statistics. (2014). Kenya Facts and Figures 2014. Nairobi.
Kenyatta, U. M. (2010). Budget Speech for the Fiscal Year 2010/2011 (Vol. 2010). Nairobi.
Kiarie, B., & Njihia, S. (2014). Kenya Cement Sector : Initiation of Coverage. Nairobi.
Kim, W., & Lee, H.-J. (2015). Debt and Taxes: Evidence from Foreign versus Domestic Subsidiaries in an Emerging Market. Asia-Pacific Journal of Financial Studies, 44(2), 246–280.
Knuutinen, R. (2014). Corporate Social Responsibility, Taxation and Aggressive Tax Planning. Nordic Tax Journal, 2014(1), 36–75.
Kothari, C. (2004). Research methodology: methods and techniques. New Age International. New Delhi: New Age International Publishers Ltd.
Kumar, S., & Sosnoski, M. (2011). Decision framework for the analysis and selection of appropriate transfer pricing for a resilient global SME manufacturing operation – a business case. International Journal of Production Research, 49(18), 5431–5448.
Lalic, S., & Dragicevic, B. (2014). Maximizing Profit After Taxation by Effects of Transfer Prices in Multinational Companies. In Proceedings of the Faculty of Economics in East Sarajevo (pp. 85–96). East Sarajevo.
Lamers, I., Mcharo, P., & Nakajima, K. (2014). Tax Base Erosion and Profit Shifting (BEPS) and International Economic Law (Trade and Investment Law Clinic Papers, 2013). Geneva.
Lo, A. W. Y., Wong, R. M. K., & Firth, M. (2010). Tax, Financial Reporting, and Tunneling Incentives for Income Shifting: An Empirical Analysis of the Transfer Pricing Behavior of Chinese-Listed Companies. The Journal of the American Taxation Association, 32(2), 1–26.
Macelaru, P. (2013). Transfer Pricing and FDI 2. Transfer Pricing Regulations. Economica, 9(4), 355–366.
Madalina, P. C., Valer, P., & Diana, B. (2006). Transfer Prices: Mechanisms, Methods and International Approaches. Annals of the University of Oradea, 3(3), 1401–1406.
Maffini, G., & Mokkas, S. (2011). Profit Shifting and Measured Productivity of Multinational Firms. Oxford Bulletin of Economics and Statistics, 73(1), 1–20. .x
Martini, J. T. (2011). Transfer Pricing for Coordination and Profit Allocation. Australian Journal of Business and Management Research, 1(6), 525–541.
Martini, J. T., Niemann, R., & Simons, D. (2012). Transfer Pricing or Formula Apportionment? Tax-Induced Distortions of Multinationals’ Investment and Production Decisionś. Contemporary Accounting Research, 29(4), 1060–1086.
Matei, G., & Pirvu, D. (2010). Effects of the Formula for Common Consolidated Corporate Tax Base Apportionment. Theoretical and Applied Economics, XVII (10), 37–48.
Matei, G., & Pirvu, D. (2011). Transfer Pricing in the European Union. Theoretical and Applied Economics, XVIII (4), 99–110.
Mbeki, T., Lopes, C., Apata, O., Baker, R., Bakri, Z. B. el, Tchane, A. B., Ovonji-Odida, I. (2011). Illicit financial flows: Report of the High Level Panel on Illicit Financial Flows from Africa.
McGee, R. W. (2010). Ethical Issues in Transfer Pricing. Manchester Journal of International Economic Law, 7(2), 24–41.
McKinley, J., & Owsley, J. (2013). Transfer Pricing and Its Rffect on Financial Reporting. Journal of Accountancy.
Mosteanu, T., & Iacob, M. (n.d.). Considerations Regarding the International Taxation. Theoretical and Applied Economics.
Mura, A., Emmanuel, C., & Vallascas, F. (2013). Challenging the reliability of comparables under profit-based transfer pricing methods. Accounting & Business Research, 43(5), 483–505.
Mwangi, F., Musau, E., Waitherero, F., & Wambugu, S. (2016). East Africa Cement Sector. Nairobi: Standard Investment Bank.
Njiraini, J. (2014). Business Ethics and Corporate social Responsibility. In AIBUMA Conference 2014. Nairobi.
Omondi, G. (2014, November 4). KRA to share tax information with 17 African states in deal. Business Daily.
Onwuegbuzie, A. J., Leech, N. L., & Collins, K. M. T. (2012). Qualitative Analysis Techniques for the Review of the Literature. The Qualitative Report, 17(56), 1–28.
Overesch, M., & Wamser, G. (2010). Corporate tax planning and thin-capitalization rules: evidence from a quasi-experiment. Applied Economics, 42(5), 563–573.
Padhi, S., & Bal, R. K. (2015). Transfer Pricing Regulations & Litigation - A Critical Appraisal based on Tribunal Judgements. Vilakshan, XIMB Journal of Management, 12(1), 57–77.
Pendse, S. J. (2012). International Transfer Pricing: A Review of Non-Tax Outlook. In International Conference on Emerging Economies: Prospects and Outlook (Vol. 37, pp. 337–343). Maharashtra, India: Procedia- Social and Behavioral Sciences.
Pinto, O. M. (2012). A Comparison of Transfer Pricing Practices in Canada and China. International Journal of Business and Social Science, 3(23), 36–45.
Pirvu, D., Banica, L., & Hagiu, A. (2011). Implications of the Common Consolidated Corporate Tax Base Introduction on Tax Revenues in Romania. Financial Theory and Practice, 35(2), 197–215.
Raby, N. (2013). International Transfer Pricing 2013/2014: Transfer Pricing at Your Fingertips. New York.
Richardson, I. (2013). The Impact and Influence of Accounting and Economic Principles on Taxation Law. New Zealand Journal of Taxation Law and Policy, 4, 18–39.
Schäfer, J. D., Petri, S. M., Gasparetto, V., & Mattos, L. D. S. (2015). Transfer pricing : A bibliometric analysis of the international literature. Review of International Business, 10(3), 71–85.
Schuster, P. (2015). Functions and Types of Transfer Prices. In Transfer Prices and Management Accounting (1st ed., pp. 5–15). Springer International Publishing.
Seida, J. A., & Wempe, W. F. (2004). Effective Tax Rate Changes and Earnings Stripping following Corporate Inversion. National Tax Journal, 57(4), 805–828.
Seppälä, T., Kenney, M., & Ali-Yrkkö, J. (2014). Global supply chains and transfer pricing. Supply Chain Management: An International Journal, 19(4), 445–454.
Shieh, W.-S., Ou, J.-N., & Wang, J.-C. (2014). The Impact of Anti-Thin Capitalization Rules on Capital Structure in Taiwan. International Journal of Economics and Finance, 6(11), 142–159.
Shunko, M., Debo, L., & Gavirneni, S. (2014). Transfer pricing and sourcing strategies for multinational firms. Production and Operations Management, 23(12), 2043–2057.
Sikka, P., & Willmott, H. (2010). The dark side of transfer pricing: Its role in tax avoidance and wealth retentiveness. Critical Perspectives on Accounting, 21(4), 342–356.
Sokatch, J. (2011). Transfer-Pricing with Software Allows for Effective Circumvention of Subpart F Income : Google ’ s “ Sandwich ” Costs Taxpayers Millions. The International Lawyer, 45(2), 725–747.
Tax Africa. (2008). Taxation, State Building and Capacity Development in Africa. Pretoria.
Taylor, G., Richardson, G., & Lanis, R. (2015). Multinationality, Tax Havens, Intangible Assets, and Transfer Pricing Aggressiveness: An Empirical Analysis. Journal of International Accounting Research, 14(1), 25–57.
Taylor, G., Richardson, G., & Taplin, R. (2015). Determinants of tax haven utilization: evidence from Australian firms. Accounting & Finance, 55(2), 545–574.
United Nations. (2016). Manual for the Negotiation of Bilateral Tax Treates between Developed and Developing Countries. New York: United Nations.
Uyar, D. M. (2014). A Study on Accounting of Transfer Pricing and Its Effect on Taxation. Accounting and Finance Research, 3(1).
Verschueren, I., & Deloof, M. (2006). How Does Intragroup Financing Affect Leverage? Belgian Evidence. Journal of Accounting, Auditing & Finance, 21(1), 83–108.
Visram, A. Income Tax Appeal No. 753 of 2003 (2005). Retrieved from www.kenyalaw.org
Vragaleva, V. (2012). Tax Aspects of Transfer Price Regulation : Perspective of Implementation in the Republic Of Moldova. Annals of the Constantin Brancusi University of Targu Jiu, (1), 200–204.
Wamser, G. (2014). The Impact of Thin-Capitalization Rules on External Debt Usage - A Propensity Score Matching Approach. Oxford Bulletin of Economics and Statistics, 76(5), 764–781.
Webber, S. (2011). The Tax-Efficient Supply Chain : Considerations for Multinationals. Tax Notes International, 61(2), 149–168.
Yay, T. (2010). The Role of the State in Adam Smith’s Thought system and Modern Public Finance Theory: A Comparative Evaluation. International Journal of Economics and Finance Studies, 2(2), 87–94.
Zucman, G. (2014). Taxing across borders: Tracking personal wealth and corporate profits. The Journal of Economic Perspectives, 28(4), 121–148