The Impact of Local Financial Markets and Accounting/Reporting Quality on Foreign Direct Investment (FDI)
Abstract
Whereas many researchers focus on the macroeconomic and political institutional factors as key determinants of foreign direct investment (FDI), the objective of this study is to explore other factors such as financial markets and accounting qualities that could well be key determinants of Foreign Direct Investment. Additionally, the paper examined whether the impact varies for developed and developing countries. Using a sample of 115 countries, 90 developing, and 25 developed from 2007 to 2016, results show that financial markets and accounting quality are associated with FDI flow into a country. The results also indicate that the relationship is stronger for developing countries than for developed countries.
Subject Area
Finance|Accounting|Economics
Recommended Citation
Sesay, Joseph Bon, "The Impact of Local Financial Markets and Accounting/Reporting Quality on Foreign Direct Investment (FDI)" (2018). ETD Collection for Pace University. AAI13424953.
https://digitalcommons.pace.edu/dissertations/AAI13424953
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