| dc.description.abstract | 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. | en_US |
