This study investigates whether the adoption of International Financial Reporting Standards (IFRS) by a country increases Foreign Direct Investments (FDIs) and impacts the profitability of investments conducted by Multi-National Enterprises (MNEs). The proposed regression models are tested on a data set containing 493 observations of Swedish companies’ FDIs in 73 countries made during 2007–2014. Empirical evidence is provided for a significant impact of IFRS adoption on FDIs and earnings generated by foreign investments, depending upon the extent of IFRS implementation and the level of convergence. This study also suggests that IFRS adoption is significant both for FDIs and reported profits obtained through FDIs for developed countries, contrasting with emerging markets. Finally, this is one of the first papers to empirically test and confirm that several significant underlying variables (including IFRS), which can explain both FDIs and profits reported by MNEs, are identical.

这项研究调查了一个国家采用国际财务报告准则（IFRS）是否会增加外国直接投资（FDI）并影响跨国企业（MNEs）进行投资的盈利能力。拟议的回归模型在一个数据集上进行了测试，该数据集包含2007年至2014年期间瑞典公司在73个国家/地区的FDI的493个观察结果。根据IFRS的实施程度和趋同程度，采用IFRS会对外国直接投资和外国投资产生的收益产生重大影响的经验证据。这项研究还表明，与新兴市场相比，发达国家对外国直接投资和采用外国直接投资获得的报告利润都具有重要意义。最后，