IFRS, FDI, economic growth and human development: The experience of Anglophone and Francophone African countries

Orhan Akisik, Graham Gal and Mzamo P. Mangaliso

Emerging Markets Review, 2020, vol. 45, issue C

Abstract: This study examines the relationships of IFRS, FDI, human development and economic growth in Anglophone and Francophone African countries between 1997 and 2017. We find that FDI, openness, schooling, and control of corruption have a positive effect of countries' decisions to adopt IFRS. The results also indicate that FDI has a positive impact on economic growth, and that this positive impact is enhanced by IFRS. Furthermore, we find that Anglophone and common law African countries adopt IFRS more than Francophone countries. Our analysis shows that FDI is positively related to decisions to adopt IFRS in both groups.

Keywords: IFRS; FDI; Economic growth; Human development (search for similar items in EconPapers)
JEL-codes: F41 F43 F54 F63 M41 O15 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:45:y:2020:i:c:s1566014119305655

DOI: 10.1016/j.ememar.2020.100725

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