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Financial Reporting Quality and Investment Efficiency: Evidence from Emerging Market

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New Approaches to CSR, Sustainability and Accountability, Volume V

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Abstract

Financial reporting quality (FRQ) relates to the financial and non-financial information that aids in decision-making. Financial reporting transparency would be denoted through financial reporting quality by complying with objectives and disclosing information in annual reports. Thus, FRQ supports reducing information asymmetry among firms and investors thus supporting investment efficiency. This is critical as market friction makes the companies less responsive to investment opportunities resulting in sub-optimal investment Thus, this study investigates the impact of financial reporting quality on investment efficiency in listed companies of Oman. The objective is supported by data collection of listed companies for the period 2015 to 2019. The regression results suggest a negative relationship between financial reporting quality and investment efficiency.

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Authors and Affiliations

  1. JAMK University of Applied Sciences, Jyväskylä, Finland

    Shab Hundal

  2. Muscat College, Muscat, Sultanate of Oman

    Tamanna Dalwai, Syeeda Shafiya Mohammadi, Isra Ashraf Kalanadar Al Balushi & Hanan Rashid Hamood Al Zawani

Authors
  1. Shab Hundal
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  2. Tamanna Dalwai
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  3. Syeeda Shafiya Mohammadi
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  4. Isra Ashraf Kalanadar Al Balushi
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  5. Hanan Rashid Hamood Al Zawani
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Corresponding author

Correspondence to Tamanna Dalwai .

Editor information

Editors and Affiliations

  1. School of Finance and Management, Centre for Forensic Accounting Research and Enterprise, SOAS University of London, London, UK

    Kıymet Tunca Çalıyurt

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Hundal, S., Dalwai, T., Mohammadi, S.S., Al Balushi, I.A.K., Al Zawani, H.R.H. (2024). Financial Reporting Quality and Investment Efficiency: Evidence from Emerging Market. In: Çalıyurt, K.T. (eds) New Approaches to CSR, Sustainability and Accountability, Volume V. Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application. Springer, Singapore. https://doi.org/10.1007/978-981-99-9145-7_12

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