TY  - BOOK
AU  - Lebbie,Tamba Deakono
AU  - Çek,Kemal
TI  - AN ASSESSMENT OF THE IMPACT OF INTERNATIONAL FINANCIAL REPORTING STANDARD ADOPTION N FOREIGN DIRECT INVESTMENT (FDI) IN AFRICA
PY  - 2022///
KW  - Accounting
KW  - Dissertations, Academic
KW  - Standards
KW  - Investments, Foreign
N1  - Thesis (MSC) - Cyprus International University. Institute of Graduate Studies and Research Accounting and Finance Department; Includes bibliography (sheets 65-67)
N2  - ABSTRACT
Improved global capital inflows and commerce have been noted as some of the outcomes since the publication of IFRSs as a result of the International Accounting Standard Board's transformation from the International Accounting Standard Committee in 2001. This study looked at the impact of the adoption of International Financial Reporting Standards (IFRS) on FDI inflows, using data from three Africa countries with a sample period of 18 years. It further looks at the economic benefit that will be derived from IFRS adoption and the changes in key macroeconomic and governance variables such as the net inflow of FDI, trade openness, annual GDP growth rate, and institutional quality. It also considered the differences in economic numbers of these input variables which reflect the pre- and post-adoption analyses of the contribution of IFRS adoption.
The study adopt a mixed method of research (qualitative and quantitative) in analysing the impact of IFRS adoption on FDI inflows, using published literatures and data sources. The Secondary qualitative data has been sourced from published literatures. Whilst the secondary quantitative data were specifically sourced from the World Bank Data Base- World Development and Worldwide Governance Indicators. The research hypotheses are tested using random effect model- Generalized Least Square panel estimator.
The result of the study is in support of the fact that, IFRS independently cannot influence FDI as stated by previous studies. It further indicates that, the relationship of trade openness to FDI inflows is positively significant following IFRS adoption. Whereas, in combining country’s annual GDP growth rate and trade openness as a measure of IFRS adoption impact on FDI. Annual GDP growth rate is noted to be consistent with the hypothesis whereas trade openness is not
ER  -