Business, Economics, Finance, Accounting, Management
http://keep.hcmiu.edu.vn:8080/handle/123456789/251
2024-03-28T12:52:13ZCorporate Governance And Earnings Management
http://keep.hcmiu.edu.vn:8080/handle/123456789/5061
Corporate Governance And Earnings Management
Do, Do Ngoc Mai Thy
My study examines whether corporate governance factors affect earnings
management practice among Vietnamese firms. The sample includes 249 firm-year
observations from total 303 non-financial publicly listed companies on HOSE between
2016 and 2021. My investigations suggest hiring Big-4 auditing firms and having
female directors enhance financial reporting quality and decrease the demand for
discretionary accruals management. Conversely, non-executive independent directors
have not successfully curbed earnings manipulation. Unlike the previous worth
relevance literature, I do not observe a statistical correlation between the size of board
and discretionary accruals management by Vietnamese firms. Considerablely, I find
that firms with CEO duality has a stronger influence on non-executive directors as well
as Big-4 audit firms in relation with discretionary accruals management relative to firms
without CEO duality. More specifically, the result implies that the association between
non-executive directors, audit quality as well as CEO duality and discretionary accruals
management is more pronounced in high sales growth firms relative to low sales growth
firms. The paper extends the body of knowledge by empirically investigating earnings
management topics and is meaningful to policy-makers and investors.
2023-01-01T00:00:00ZThe Effect Of Corporate Governance Of Financial Distress: Evidence From Manufacturing Corporations In Vietnam
http://keep.hcmiu.edu.vn:8080/handle/123456789/5060
The Effect Of Corporate Governance Of Financial Distress: Evidence From Manufacturing Corporations In Vietnam
Ngo, Ha Nhi
This study examines how corporate governance processes affect financial distress in
Vietnam-based manufacturing enterprises. 129 Vietnamese HOSE producers registered between
2011 and 2018 were sampled to evaluate this correlation. Conditional Logistic Regression (CLR)
and pair-matched analysis will be utilized to differentiate between troubled and non-distressed
organizations. This study examines how board of directors affects financial hardship through
ownership structure (ownership concentration, non-institutional ownership concentration,
institutional ownership concentration, and board ownership) and board composition ( independent
directors, board size and CEO duality). The control variables consist of firm characteristics (firm
size and firm age) and financial ratios (profitability, financial expenses, retained earnings, liquidity
ratio, and leverage ratio). According to the findings of the conditional logistic regression model,
independent directors, and a number of other variables, such as ownership concentration, are
primarily responsible for assisting distressed businesses. On the other hand, businesses might enter
the distressed stage due to high board ownership and dual CEO leadership. Moreover, according
to financial metrics, enterprises with high profitability are able to survive difficult times.
Furthermore, it implies that a larger company has a greater chance of resolving financial issues.
2023-01-01T00:00:00ZDeterminants Of Commercial Bank Profitability In Vietnam
http://keep.hcmiu.edu.vn:8080/handle/123456789/5059
Determinants Of Commercial Bank Profitability In Vietnam
Phan, Thi Thanh Tuyen
This study examines how the profitability of commercial banks in Vietnam is
affected by bank-specific factors. The target of this research supports the notion in which
factors have a strong effect on bank profitability. Specifically, factors such as size, capital
adequacy, liquidity, and deposit are recognized as the most significant determinants of
profitableness. Bank size and capital adequacy have positive effects on this profitableness,
while deposits and liquidity exhibit both positive and negative effects.
The results indicate that bank-specific variables play a crucial role in having an
influence on the profitability of commercial banks in Vietnam. Therefore, it is essential for
bank management in Vietnam to competently handle these factors to achieve favorable
outcomes.
2023-01-01T00:00:00ZThe Influence Of Value-Added Intellectual Capital On Firm Performance - An Empirical Study Of Listed Company In Vietnam
http://keep.hcmiu.edu.vn:8080/handle/123456789/5058
The Influence Of Value-Added Intellectual Capital On Firm Performance - An Empirical Study Of Listed Company In Vietnam
Le, Phuong Linh
The goal of this research is to look at the influence of intellectual capital
on the firm performance of listed companies in Vietnam. The study used secondary
data and data was collected from annual reports of 699 Vietnamese listed firms
published by the Vietnam Stock Exchange except for insurance companies, brokerage
companies & banks from 2017-2021. The Value Added Intellectual Coefficient model
was applied to calculate intellectual capital. In this research, two indicators were
employed to measure firm performance such as return on assets and return on equity,
while human capital efficiency, structural capital efficiency, and capital employed
efficiency represent three key components of intellectual capital efficiency. In addition,
size, leverage, and physical capital intensity are used as control variables to test this
relationship. The findings support the idea that businesses' intellectual capital improves
financial success. Human capital efficiency as well as capital employed efficiency were
found positively significant while structural capital efficiency had no significant impact
on firm performance. As a result, the authors discovered that various investors regard
the three components of value-generating efficiency differently. Hence, these findings
help to a improve view of the value of intellectual capital in the creation of company
value in Vietnamese-listed enterprises.
2023-01-01T00:00:00Z