International Financial Reporting Standards and Foreign Direct Investment in ASEAN

Author: Maryam Yousefi Nejad, Azlina Ahmad, Ruzita Abdul Rahim & Mohd Fairuz Md Salleh
Publisher: UKM Press
ISBN: 9789672429869
Weight:
Pages: 103
Year: 2020
Price: RM25

This book provides evidence about Foreign Direct Investment (FDI) inflows enhancement after the International Financial Reporting Standard (IFRS) implementation in the Association of Southeast Asian Nations (ASEAN) countries. FDI has been recognized as an important determinant factor of economic growth. However, the lack of a globally accepted financial reporting standard such as IFRS in a country is considered an inadequacy in FDI enhancement. The book discusses in length the significant effect of IFRS on information asymmetry reduction and eventually FDI inflows enhancement throughout ASEAN countries. This book is positioned for advanced-level undergraduate and postgraduate students, researchers, regulators, and practitioners. The materials are suitable for additional reading for courses on corporate reporting, economic consequences of IFRS, foreign direct investment, ASEAN countries, and finance studies.