Mediterranean Journal of Social Sciences
Email this article 
Post a Comment IFRS Adoption and Foreign Direct Investment: Evidence from Nigerian Quoted Firms
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.
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.
This work is licensed under Creative Commons Attribution 3.0 License.
Mediterranean Journal of Social Sciences ISSN 2039-9340(Print) ISSN 2039-2117(Online)
Copyright © MCSER-Mediterranean Center of Social and Educational Research
To make sure that you can receive messages from us, please add the 'mcser.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders..