The Effect of Insurance on Foreign Direct Investments Inflow to Nigeria

Okolo, Chimaobi V. and Ani, Afamefuna J. and Okolo, U. Ebere (2015) The Effect of Insurance on Foreign Direct Investments Inflow to Nigeria. International Journal of Mechanical and Industrial Engineering, 6 (7). pp. 2493-2497.

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Abstract

This paper seeks to assess the implications of insurance to foreign direct investment inflow in Nigeria. Multiple linear regression technique and correlation matrix test were employed to measure the extent to which foreign direct investment was influenced. The result showed that insurance premium (IP), asset size of insurance industry (AS), and total investment of the industry (TI) impacted significantly and positively on foreign direct investment inflow in Nigeria. There should be effective risk transfer mechanism and financial intermediation, which gives the investor confidence in the risk management strength of the host country.

Item Type: Article
Subjects: H Social Sciences > HJ Public Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Education
Depositing User: mrs chioma hannah
Date Deposited: 16 Nov 2021 10:21
Last Modified: 16 Nov 2021 10:21
URI: http://eprints.gouni.edu.ng/id/eprint/3344

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