Date of Publication

4-16-2024

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Accountancy

Subject Categories

Accounting | Economics | Growth and Development | Macroeconomics

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Thesis Advisor

Rodiel C. Ferrer

Defense Panel Chair

Aaron C. Escartin

Defense Panel Member

Christian Joy M. Silang

Abstract (English)

In today's highly global economy, attaining economic growth is paramount, with FDI as a primary facilitator. The pursuit of FDI is closely associated with implementing harmonized accounting standards, specifically IFRS. This research determined the effect of greenfield investments and mergers and acquisitions on economic growth in developing economies in Asia while considering the moderating and mediating role of IFRS adoption and technological innovation. The study adopted a quantitative causal research design, applying the total enumeration approach and utilizing panel data regression analysis. Secondary data were collected for the sampled countries from 2008 to 2022. Results revealed that IFRS adoption moderates the relationship between greenfield investments and economic growth, while it has no significant effect for mergers and acquisitions. Technological innovation does not mediate the relationship between both types of FDI and economic growth. Various macroeconomic factors have significant effects on economic growth. Overall, this study benefits the International Accounting Standards Board, investors, governments, and future researchers.

Abstract Format

html

Abstract (Filipino)

None

Abstract Format

html

Language

English

Format

Electronic

Keywords

Accounting; Financial statements

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Embargo Period

4-15-2024

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