IFRS Adoption and Foreign Direct Investment: The Nigerian Experience Publication Process Date

Egiyi, Modesta Amaka and Chukwuani, Victoria Nnenna (2020) IFRS Adoption and Foreign Direct Investment: The Nigerian Experience Publication Process Date. Contemporary Journal of Social Science and Humanitie, 1 (1). pp. 52-59. ISSN 2766-757X

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Abstract

This research work examined the impact of IFRS adoption on Foreign direct investment. Using a sample of 12 years, subdivided into pre-adoption and post-adoption period. The observational findings from the charts shows that FDI generally grew consistently in the pre-adoption period while the post-adoption period witnessed a lot of inconsistent rise and fall. We employed a two-sample t- test in testing if there is a significant difference in FDI since the adoption of FDI. Findings revealed there is no significant difference. This contradicts the signaling effect of IFRS adoption on investors. However, chart 3 shows that FDI since the adoption of IFRS has been underperforming.

Item Type: Article
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Faculty of Arts > Faculty of Law > Faculty of Management and Social Sciences > Faculty of Education > Faculty of Natural and Applied Sciences
Depositing User: mrs chioma hannah
Date Deposited: 22 Aug 2022 07:11
Last Modified: 22 Aug 2022 07:11
URI: http://eprints.gouni.edu.ng/id/eprint/3588

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