| dc.description.abstract | This study aims to determine whether there exists earnings management in the Vietnamese stock market, namely through the top 161 non-financial listed companies in Ho Chi Minh Stock Exchange during the period 2017-2018. Prior studies show that many academic researchers favor the original Jones Model (1991) and the Modified Jones Model by Dechow (1995), over other newly developed ones. Hence, we intend to employ a different model in pursuance of a refreshing approach.
Using the Modified Jones Model by Kothari (2005) as a base for further estimations, we confirm that a large number of companies adopted the "conservative" accounting method, in which firm managers intentionally deflate income, most likely for the intention of obtaining tax incentive. On another aspect, companies specialize in the engineering and construction industries are also proven to have enforced "aggressive" accounting technique, where they artificially inflate profit to deceive shareholders and financial practitioners. | en_US |
