The Effect of the Auditor’s Confirmation of Firms’ Disclosure of Political Instability Management on the Decision to Invest in Stocks
DOI:
https://doi.org/10.56830/IJAMS07202401Keywords:
Auditor’s Confirmation, Disclosure, Political Instability, investment DecisionAbstract
This study aims to investigate the impact of geopolitical, financial, and human factors on foreign direct investment flows. The results revealed that the reality of foreign direct investment explains the political, financial, and human factors, in varying proportions, with significant significance. The positive impact of each of them is on controlling corruption. Governments use foreign direct investment activity as a main tool for growth and development. State and local governments are often responsible for attracting foreign direct investment, and foreign investors prefer countries that enjoy stability and have predictable investment environments by providing clear standards for dealing and having predictable legislation and regulatory parties in which the negotiating parties are clear, and that The absence of clear parties for implementation regarding ownership, taxes, dispute settlement, and instructions, so the investor is afraid of interfering with burdensome administrative resources and unpredictable laws and instructions
References
Amr Mohamed Khamis, (2020), The effect of the auditor’s emphasis on integrated business reports on the stock investment decision, an experimental study, Alexandria Journal of Accounting Research, Issue Three, Volume Four.
Akisik, O., & Gal. (2019). Integrated reports, external assurance, and financial performance. Sustainability Accounting Management and Policy Journal, 201-256. DOI: https://doi.org/10.1108/SAMPJ-02-2019-0072
Asaad, Z. A. (2020). The impact of geopolitical risks and human development on foreign direct investment flows in Iraq. International Journal of Economics and Business, Volume 9, p.
1.
Arena, C., Bozzolan, S., & Michelon, G. (2013). Why are managers optimistic? An investigation of corporate environmental disclosure tone. Corporate Social Responsibility and Environmental Management, 22(6). DOI: https://doi.org/10.1002/csr.1350
Boiral, O., Heras- Saizarbtoria, I., Brotherton, M., & Bernard, J. (2019). Ethical issues in the assurance of sustainability reports: Perspectives from assurance providers. Journal of Business Ethics,159(4), 1111-1125. DOI: https://doi.org/10.1007/s10551-018-3840-3
Blau, B. M., DeLisle, J. R., & Price, S. M. K. (2015). Do sophisticated investors interpret earnings conference call tone differently than investors at large? Evidence from short sales. Journal of Corporate Finance, 31. https://doi.org/10.1016/j.jcorpfin.2015.02.003 DOI: https://doi.org/10.1016/j.jcorpfin.2015.02.003
Bushee, B. (2004). Identifying and Attracting the “right” Investors: Evidence on the Behavior of Institutional Investors. Journal of Applied Corporate Finance, 16(4). https://doi.org/10.1111/j.1745-6622.2004.tb00671.x DOI: https://doi.org/10.1111/j.1745-6622.2004.tb00671.x
Cho, C., Michelon, G., Patten, M., & Roberts, W. (2014). CSR report assurance in the USA: an empirical investigation of determinants and effects. Sustainability Accounting Management and Policy Journal. (5), 130-148. DOI: https://doi.org/10.1108/SAMPJ-01-2014-0003
Campbell, J. L., Lee, H. S., Lu, H., & Steele, L. B. (2017). Unexpected Disclosure Tone
Volatility and Investor Risk Assessment. In SSRN. https://doi.org/10.2139/ssrn.2897504 DOI: https://doi.org/10.2139/ssrn.2897504
Che, L. (2018). Investor types and stock return volatility. Journal of Empirical Finance, 47. https://doi.org/10.1016/j.jempfin.2018.03.005 DOI: https://doi.org/10.1016/j.jempfin.2018.03.005
De Lange, P., Jackling, B., & Gut, A. M. (2006). Accounting graduates’ perceptions of skills emphasis in undergraduate courses: An investigation from two victorian universities. Accounting and Finance, 46(3). https://doi.org/10.1111/j.1467-629X.2006.00173.x DOI: https://doi.org/10.1111/j.1467-629X.2006.00173.x
Hussein, K. I. (2023). The geopolitics of the Turkish state and its components. Journal of Sustainable Studies, Volume 5, Supplement.
Havakhor, T., Rahman, M. S., & Zhang, T. (2020). Cybersecurity Investments and the Cost of Capital. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3553470 DOI: https://doi.org/10.2139/ssrn.3553470
Li, C., Yan, Y., Liu, X., Wan, S., Xu, Y., & Lin, H. (2023). Forward looking statement, investor sentiment and stock liquidity. Heliyon, 9(4). https://doi.org/10.1016/j.heliyon.2023.e15329 DOI: https://doi.org/10.1016/j.heliyon.2023.e15329
Ramadan, A. A.-G. (2021). The effect of the auditor’s confirmation of companies’ disclosure of risk management on the decision to grant credit (an experimental study). Alexandria Journal of Accounting Research - Faculty of Economics and Administrati, First Issue - Volume Five.
Pouryousof, A., Nassirzadeh, F., Hesarzadeh, R., & Askarany, D. (2022). The Relationship between Managers’ Disclosure Tone and the Trading Volume of Investors. Journal of Risk and Financial Management, 15(12). https://doi.org/10.3390/jrfm15120618 DOI: https://doi.org/10.3390/jrfm15120618
