Foreign Direct Investment in GCC Countries: The Essential Influence of Governance and the Adoption of IFRS

This paper presents an analysis of the factors affecting foreign direct investments, focusing on governance quality and adoption International Financial Reporting Standards countries Gulf Cooperation Council, which are a special case study due to their idiosyncratic characteristics, rich natural resources geographical position. Panel data was conducted, implementing three different models (Fixed Effect, Random Arellano Bond Dynamic Model). The results show that is strong determinant promotes investments. As regards quality, block Council has fulfilled minimum level pre-conditions relative In addition, indicators associated with law, rules, corruption more influential determinants for