A PHD. DISSERTATION AT THE UNIVERSITY OF BASRAH EXAMINES (THE IMPACT OF INTERNATIONAL FINANCIAL REPORTING STANDARDS ON FOREIGN INVESTMENTS IN THE STOCK MARKET)
A PhD. Dissertation at the College of Administration and Economics in the Department of Accounting examined the impact of international financial reporting standards on foreign investments of stock market companies in Iraq.
The PhD. dissertation presented by the student Ali Murtadha Shaheen aims to highlight the importance of adhering to international accounting standards and the degree to which international financial reporting standards contribute to attracting foreign investment and investors to capital markets in developing countries.
The dissertation included emphasizing the importance of international financial reporting standards and the extent of their impact on foreign investment decisions in capital markets through a case study of public companies.
The dissertation concluded that the adoption of international accounting standards, especially international financial reporting standards, is positively and significantly associated with foreign direct investment. This means that countries that apply international financial reporting standards tend to attract higher levels of foreign investment.