| dc.description.abstract | This research delves into the realm of value relevance of accounting
information and audit quality impact on it within the context of the Vietnamese
stock market. The primary objective is to deepen our understanding of the
association between accounting information and market stock price and how the
quality of audit processes interacts with this relationship. The methodological
approach involves empirical analysis, leveraging data collected from companies
listed on the Ho Chi Minh Stock Exchange during the period from 2017 to 2022.
Statistical models are employed to analyze the data and examine hypotheses. Key
findings underscore a notable correlation between earnings per share and stock
prices, spotlighting the value relevance of this accounting metric. However, Book
Value Per Share (BVPS) shows a weak or statistically insignificant correlation
with stock prices. Additionally, statistically significant correlations are found
between the product of BVPS and Audit Quality, as well as the product of EPS
and Audit Quality, with stock prices across various models. These outcomes
contribute to a more comprehensive understanding of the interplay between
accounting information, audit quality, and stock valuations in the Vietnamese
context. Limitations include a focus solely on the Ho Chi Minh Stock Exchange,
potentially limiting generalizability, and a study period from 2017 to 2022 that
may not capture longer-term trends or certain market developments. Future
research opportunities lie in extending the analysis to multiple stock exchanges
within Vietnam or regions and delving deeper into specific components of audit
quality to understand their individual impact on value relevance | en_US |
