Ownership structure and earnings management: Empirical evidence from Vietnam

This paper examines the relationship between ownership structure and earnings management in Vietnam. The governance structure of companies in Vietnam is characterized by the dominance of largest shareholders, who often makes significant influences on direct or indirect management decisions. Existing...

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Autores principales:	Huu Anh Nguyen, Quynh Lien Le, Thi Kim Anh Vu
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2021
Materias:	earnings management ownership structure listed companies vietnam Business HF5001-6182 Management. Industrial management HD28-70
Acceso en línea:	https://doaj.org/article/4b70c3ea959b403a9d91aa5f48da5122
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spelling	oai:doaj.org-article:4b70c3ea959b403a9d91aa5f48da51222021-12-02T14:35:29ZOwnership structure and earnings management: Empirical evidence from Vietnam2331-197510.1080/23311975.2021.1908006https://doaj.org/article/4b70c3ea959b403a9d91aa5f48da51222021-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2021.1908006https://doaj.org/toc/2331-1975This paper examines the relationship between ownership structure and earnings management in Vietnam. The governance structure of companies in Vietnam is characterized by the dominance of largest shareholders, who often makes significant influences on direct or indirect management decisions. Existing literature shows that the ownership structure has a significant effect on earnings management. Therefore, the main purpose of this paper is to analyze how the company’s ownership structure affects earnings management. Using the sample from 489 non-financial companies listed on the Vietnam stock market, we found that ownership concentration and state ownership positively affect earnings management. In contrast, the managerial ownership and foreign ownership negatively affects earnings management. Furthermore, among the five control variables, Board size; Cash flow are positively related, while financial performance, company size and financial leverage negatively affect earnings management.Huu Anh NguyenQuynh Lien LeThi Kim Anh VuTaylor & Francis Grouparticleearnings managementownership structurelisted companiesvietnamBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 8, Iss 1 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	earnings management ownership structure listed companies vietnam Business HF5001-6182 Management. Industrial management HD28-70
spellingShingle	earnings management ownership structure listed companies vietnam Business HF5001-6182 Management. Industrial management HD28-70 Huu Anh Nguyen Quynh Lien Le Thi Kim Anh Vu Ownership structure and earnings management: Empirical evidence from Vietnam
description	This paper examines the relationship between ownership structure and earnings management in Vietnam. The governance structure of companies in Vietnam is characterized by the dominance of largest shareholders, who often makes significant influences on direct or indirect management decisions. Existing literature shows that the ownership structure has a significant effect on earnings management. Therefore, the main purpose of this paper is to analyze how the company’s ownership structure affects earnings management. Using the sample from 489 non-financial companies listed on the Vietnam stock market, we found that ownership concentration and state ownership positively affect earnings management. In contrast, the managerial ownership and foreign ownership negatively affects earnings management. Furthermore, among the five control variables, Board size; Cash flow are positively related, while financial performance, company size and financial leverage negatively affect earnings management.
format	article
author	Huu Anh Nguyen Quynh Lien Le Thi Kim Anh Vu
author_facet	Huu Anh Nguyen Quynh Lien Le Thi Kim Anh Vu
author_sort	Huu Anh Nguyen
title	Ownership structure and earnings management: Empirical evidence from Vietnam
title_short	Ownership structure and earnings management: Empirical evidence from Vietnam
title_full	Ownership structure and earnings management: Empirical evidence from Vietnam
title_fullStr	Ownership structure and earnings management: Empirical evidence from Vietnam
title_full_unstemmed	Ownership structure and earnings management: Empirical evidence from Vietnam
title_sort	ownership structure and earnings management: empirical evidence from vietnam
publisher	Taylor & Francis Group
publishDate	2021
url	https://doaj.org/article/4b70c3ea959b403a9d91aa5f48da5122
work_keys_str_mv	AT huuanhnguyen ownershipstructureandearningsmanagementempiricalevidencefromvietnam AT quynhlienle ownershipstructureandearningsmanagementempiricalevidencefromvietnam AT thikimanhvu ownershipstructureandearningsmanagementempiricalevidencefromvietnam
_version_	1718391126092677120

Ownership structure and earnings management: Empirical evidence from Vietnam

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