<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Within the context that the adoption of International Financial Reporting Standards (IFRS) can be linked to institutional isomorphism, the purpose of the study was to determine how successful IFRS-adopted African countries are to convert governance and economic factors into foreign direct investment (FDI) and foreign portfolio investment (FPI). Data envelopment analysis (DEA) was used to develop two models to calculate the technical efficiency (TE) for 16 African countries that adopted IFRS (2014-2019). The first model considered how multiple economic factors as input variables are converted into FDI and FPI, while similarly, the second model considered governance factors as input variables.</p>
</abstract>

Within the context that the adoption of International Financial Reporting Standards (IFRS) can be linked to institutional isomorphism, the purpose of the study was to determine how successful IFRS-adopted African countries are to convert governance and economic factors into foreign direct investment (FDI) and foreign portfolio investment (FPI). Data envelopment analysis (DEA) was used to develop two models to calculate the technical efficiency (TE) for 16 African countries that adopted IFRS (2014-2019). The first model considered how multiple economic factors as input variables are converted into FDI and FPI, while similarly, the second model considered governance factors as input variables.

The Relative Success of IFRS Adopted African Countries to Attract Foreign Investment

Studia Universitatis Babes-Bolyai Oeconomica

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Within the context that the adoption of International Financial Reporting Standards (IFRS) can be linked to institutional isomorphism, the purpose of the study...

The Relative Success of IFRS Adopted African Countries to Attract Foreign Investment

Online veröffentlicht: 14. Mai 2022

Seitenbereich: 44 - 62

DOI: https://doi.org/10.2478/subboec-2022-0004

Schlüsselwörter
International Financial Reporting Standards (IFRS), foreign direct investment (FDI), foreign portfolio investment (FPI), data envelopment analysis (DEA), institutional isomorphism

© 2022 Merwe Oberholzer et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The Relative Success of IFRS Adopted African Countries to Attract Foreign Investment

Online veröffentlicht: 14. Mai 2022

Seitenbereich: 44 - 62

DOI: https://doi.org/10.2478/subboec-2022-0004

SchlüsselwörterInternational Financial Reporting Standards (IFRS), foreign direct investment (FDI), foreign portfolio investment (FPI), data envelopment analysis (DEA), institutional isomorphism

© 2022 Merwe Oberholzer et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Schlüsselwörter
International Financial Reporting Standards (IFRS), foreign direct investment (FDI), foreign portfolio investment (FPI), data envelopment analysis (DEA), institutional isomorphism