| dc.description.abstract | This thesis investigates the impact of Real Earnings Management (REM) on stock
price crash risk among Vietnamese listed companies under COVID-19 circumstances. Utilizing a
dataset from non-financial firms on the Ho Chi Minh Stock Exchange (HOSE) from 2013 to
2022, the findings indicate that REM practices significantly increase the risk of stock price
crashes, especially during the pandemic due to increased managerial incentives to manipulate
earnings. The study also reveals that older firms and those with higher institutional ownership
exhibit a less pronounced relationship between REM and crash risk, underscoring the importance
of robust corporate governance | en_US |
