The Effect of International Financial Reporting Standards on the Association between Foreign Direct Investment and Economic Growth: Evidence from Selected Countries in Africa

Gu, Shengfeng; Prah, Gigamon Joseph

doi:10.20448/2002.81.21.29

Cited by 6 publications

(3 citation statements)

References 30 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In this study, the independent variable of interest is IFRS adoption (IFRSadopt), a dummy variable that takes values of 0 and 1, where the values indicate the presence or absence of a variable (Gordon et al. , 2012; Ugwu and Okoye, 2018; Gu and Prah, 2020). Adoption is expressed as the full adoption and use of IFRS standards by domestic listed companies in a jurisdiction that has adopted IFRS.…”

Section: Methodology and Datamentioning

confidence: 99%

IFRS and FPI nexus: does the quality of the institutional framework matter for African countries?

Simbi

Arendse

Khumalo

2022

JAEE

View full text Add to dashboard Cite

PurposeThe institutional framework of an African country may influence the effectiveness of the International Financial Reporting Standards (IFRS) on foreign investment inflows. The purpose of this paper is to argue that the quality of a country's institutional framework impacts the effectiveness of IFRS to an adopting country and ultimately influences the levels of Foreign Portfolio Investment (FPI).Design/methodology/approachEmploying country-level data. A sample of 15 countries from Africa is used. Data is collected over a period of 22 years (1994–2014). The authors employ the General Method of Moments (GMM) panel regression technique to examine whether the quality of a country's institutional framework has an impact on the relationship between IFRS and FPI and the Propensity Score Matching (PSM) technique to assess the level of impact.FindingsThe findings reveal that the quality of a country's institutional framework moderates the strength of the association between IFRS and FPI. Overall, the authors find that the quality of the institutional frameworks in African countries has a negative effect on the IFRS and FPI nexus.Research limitations/implicationsThe study focuses exclusively on African countries; using an exclusively African sample limits the generalisation of results to other continents like Latin America with similar environments to Africa.Practical implicationsThis study provide evidence that IFRS alone cannot ensure the intended capital market benefits but encourages the development of strong institutions in African countries to realise the most from IFRS adoption. The emphasis on institutional development is an essential contribution that this study makes.Originality/valueThis study is unique since it emphasises the importance of institutional framework quality when considering the impact of IFRS on foreign investment inflows in an African setting.

show abstract

Section: Methodology and Datamentioning

confidence: 99%

IFRS and FPI nexus: does the quality of the institutional framework matter for African countries?

Simbi

Arendse

Khumalo

2022

JAEE

View full text Add to dashboard Cite

show abstract

“…Like all these other related variables, the product also means the quality of products has a major effect on exporting the product. Good quality products increase the export otherwise decrease in exports (Fan, Hossain, Islam, & Yahia, 2019;Girangwa, Rono, & Mose, 2020;Gö ral, 2020;Gu & Prah, 2020;Papadas, Avlonitis, & Carrigan, 2017). Figure 2 showed that the theoretical link between the marketing performance determinants and durian product exporting with the mediation of motivation to export and Attitude towards exporting.…”

Section: Introductionmentioning

confidence: 92%

Determinants of Marketing Performance on Durian Product for Exporting: Study in South of Thailand

Sittisom¹,

Thanomvech²,

Mekhum³

et al. 2020

RWE

View full text Add to dashboard Cite

Thailand is the major exporter of durian products worldwide. Durian is the most important fruit and it’s called the king of fruits in Thailand. The economy of Thailand majorly bases on the exporting of durian to other related countries. The major objective of this study to find out the determinants of marketing performance that affect the durian product exporting in the south of Thailand. Respondents of this study are employees working in exporting companies working in the south of Thailand. Data is collected through a drop-down survey method and a questionnaire is used. After it, Smart PLS used for analysis. Results revealed that determinants of marketing performance like (Product capability, Promotion, and Distribution capability) have a positive, significant impact on exporting of durian. Two mediators including attitude towards exporting have a positive effect but the second motivation to export has no effect on durian export. Attitude towards exporting mediates the relationship between distribution capability and exporting of durian. Motivation to export has no mediation between promotion capability and export of durian. The study recommends to exporters that for increasing export to other countries they should focus on marketing performance determinants.

show abstract

“…To most people, job loss will reduce current living standards, and concerns for the future that will decrease people's income (Mankiw, 2018). Further, investment is basically economic development activities that can be carried out by both private and public parties, which aim to increase economic growth and, in the long run, can improve the people's living standards (Afonso & Aubyn, 2019;Firmansyah & Nasih, 2019;Gilbert & François, 2020;Gu & Prah, 2020;Hanif, Faraz Raza, Gago-de-Santos, & Abbas, 2019;Pradhan, Arvin, & Hall, 2019;O. P. Shukla, 2020;Udemba, Magazzino, & Bekun, 2020).…”

Section: Introductionmentioning

confidence: 99%

Analysis of Unequal Distribution of Population Income in Indonesia

Prawoto¹,

Cahyani²

2020

JAFEB

View full text Add to dashboard Cite

Income inequality is a problem that is not only faced by developing countries such as Indonesia, but also developed countries. The difference lies in the proportion of an inequality that occurs and the solution to the level of difficulty experienced. Thus, this study aims to empirically analyze the unequal distribution of population income in Java island, Indonesia, by including the human development index, open unemployment rate, foreign investment, and the degree of fiscal decentralization. The research model used in this study was multiple linear regression to analyze the panel data with a fixed-effect model approach. The results of the study showed that human development index, open unemployment rate, and the degree of fiscal decentralization had a positive and significant effect on income inequality in Java island. Meanwhile, foreign investment had a negative and insignificant effect on income inequality in Java. It is because the value of the investment is more invested in the capital-intensive sector. The government is expected to be more selective in accepting foreign investments that enter the country, especially in Java, and it should be labor-intensive investments. In addition, the government has to equalize locations for foreign investment without reducing good cooperation with these foreign investors.

show abstract

The Effect of International Financial Reporting Standards on the Association between Foreign Direct Investment and Economic Growth: Evidence from Selected Countries in Africa

Cited by 6 publications

References 30 publications

IFRS and FPI nexus: does the quality of the institutional framework matter for African countries?

IFRS and FPI nexus: does the quality of the institutional framework matter for African countries?

Determinants of Marketing Performance on Durian Product for Exporting: Study in South of Thailand

Analysis of Unequal Distribution of Population Income in Indonesia

Contact Info

Product

Resources

About