The impact of IFRS adoption on foreign direct investment in CIS

Artikel

Exploring the relationship between International Financial Reporting Standards (IFRS) and Foreign Direct Investment (FDI) inflows is the main objective of this paper. Although IFRS is identified as a determinant of FDI, a few studies have examined the impact of IFRS on FDI inflows, and it is unexplored as to whether IFRS impacts CIS countries. This paper covers ten (10) IFRS adopted CIS countries from 2000 to 2019 using Ordinary Least Square (OLS) and bias-corrected Least Square Dummy Variable (LSDVC). OLS estimator shows that IFRS positively impacts FDI inflows. However, according to the results of LSDVC, there is a negative relationship between IFRS adoption and FDI inflows. Generally, in developing countries implementing IFRS would lead to FDI enhancement. The negative relationship between IFRS adoption and FDI inflows in CIS countries shows that IFRS is not an essential factor of FDI inflows.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Financial Internet Quarterly ; ISSN: 2719-3454 ; Volume: 18 ; Year: 2022 ; Issue: 1 ; Pages: 74-90 ; Warsaw: Sciendo

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Accounting ; Accounting and Auditing: Government Policy and Regulation ; Foreign Aid
• Thema: EO2 ; IFRS ; FDI ; CIS countries

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Sanjar, Sherkulov ; Hasan, A K M Kamrul ; Khajieva, Indira ; Nusratova, Gulhayo ; Yodgorova, Feruza
• Ereignis: Veröffentlichung
• (wer): Sciendo
• (wo): Warsaw
• (wann): 2022

Weitere Informationen

• DOI: doi:10.2478/fiqf-2022-0007
• Handle: http://hdl.handle.net/10419/266890
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ