Olugbenga, Jinadu and Ojeka, Stephen and Ogundana, Oyebisi Mary (2016) IFRS Adoption and Foreign Direct Investment: Evidence from Nigerian Quoted Firms. Mediterranean Journal of Social Sciences, 7 (2). ISSN 2039-2117
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Abstract
This study examines whether International Financial Reporting Standards (IFRS) adoption has impacted significantly on Foreign Direct Investments (FDI) in Nigeria. The study specifically investigates the views of the preparers and users of annual reports based on the impact of foreign investors on quoted companies that adopted IFRS in Nigeria. The primary method of data collection was adopted with 165 questionnaires administered while Regression method was used for data analysis. The findings revealed that the adoption of IFRS is positively and significantly related to FDI. The result also showed a significant impact of foreign investors on quoted firms that have adopted IFRS in Nigeria. The study recommends that the government should create an enabling environment to encourage investors, so as to attract foreign direct investments for the enhancement of economy status of Nigeria
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Foreign direct investment, IFRS adoption, Nigerian economy, Quoted firms, Traditional economic theory |
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Hannah Akinwumi |
| Date Deposited: | 27 Jun 2017 07:57 |
| Last Modified: | 27 Jun 2017 07:57 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/8499 |
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