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The Theoretical Relationships among Foreign Direct Investments, Migration and IFRS Adoption

David Procházka, Cristina Procházková Ilinitchi

European Financial and Accounting Journal 2011, 6(4):85-100 | DOI: 10.18267/j.efaj.21

The globalization of the world economy is accompanied by changes in volume and structure of international trade, capital flows and human migration. The paper focuses on theoretical aspects of recent changes in the area of international harmonization of accounting through the adoption of the International Financial Reporting Standards (IFRS), migration and foreign direct investments with the emphasis on their mutual interdependencies.