| dc.description.abstract | The thesis focuses on examining the association between ownership structure and real
earnings management. To further define actual activities management, theory, and
empirical findings from numerous earlier studies are evaluated. With a sample of
Vietnamese industrial listed companies from 2017 to 2021 on HOSE and HNX, my
thesis aims to clarify the REM by applying the Roychowdhury (2006) model and
running the OLS testing to conduct the testing. My final findings show managerial
ownership negatively affects REM when REM is calculated as residuals of
discretionary expenses, except for CFO and production costs. Otherwise, the findings
indicate that state ownership has a positive relationship with REM when REM is
calculated as residuals of discretionary expenses. However, state ownership has no
impact when REM is calculated as residuals of production costs and CFO. | en_US |
