Does the presence of foreign investors affect financial reporting quality in Philippine publicly listed firms?

• Main Authors: Cabiltes, Natasha Amber Y., Beltran, Megan Justine S., Benito, John Miguel Roger D.C., Agaton, Gianna Zenovia D.
• Format: text
• Language: English
• Published: Animo Repository 2023
• Subjects: Investments, Foreign—Philippines; Accounting—Philippines; Economics
• Online Access: https://animorepository.dlsu.edu.ph/etdb_econ/52; https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1065&context=etdb_econ
• Institution: De La Salle University

Philippine foreign ownership laws have recently been amended in favor of foreign investors to attract more foreign capital. However, foreign investors may hesitate to invest in the Philippines due to the rampant information asymmetry caused by weak corporate governance and compliance-driven disclosu...