英文文献:How Does Foreign Aid Affect the Relationship between IFRS Adoption and Foreign Direct Investment?
英文文献作者:EFOBI Uchenna,NNADI Matthias
英文文献摘要:
This paper constructs a theoretical model to explain the relationship between IFRS adoption, FDI and foreign aid. Using the SGMM estimation technique to check the issue of endogene-ity and reverse causality, this relationship was examined on 92 countries for the period 2003-2012. Overall, IFRS adoption attracts more aid when conditioned on foreign aid; however, when disaggregating foreign aid, the effect of foreign aid on the nexus was contradictory, while multilateral aid flow was positive. This result remained consistent despite the battery of checks.