International Finance and Accounting


This study examines the impact of the adoption of International Financial Reporting Standards (IFRSs) on foreign direct investment (FDI) flows in 17 transition economies based on data from 2000-2016. To test the reliability of the analysis results we have used the combined Ordinary Least-Squares regression, the Hausman test, Panel-Corrected Standard Errors, Generalized Method of Moments, Difference-in-Difference method. Our results were significantly different from the results of other similar studies. Although previous studies and analyzes have noted that the adoption of IFRSs has had a positive impact on the FDI flow, it has had a negative impact in our work.


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