研究生: |
Nguyen, Tuyet Trinh Nguyen, Tuyet Trinh |
---|---|
論文名稱: |
The Effect of Debt Maturity, Firm Size and Firm Profitability on Earnings Management: Evidence from Vietnamese listed company The Effect of Debt Maturity, Firm Size and Firm Profitability on Earnings Management: Evidence from Vietnamese listed company |
指導教授: |
劉代洋
Day-Yang Liu |
口試委員: |
謝劍平
Joseph C.P. Shieh 鄭仁偉 Jen-Wei Cheng |
學位類別: |
碩士 Master |
系所名稱: |
管理學院 - 財務金融研究所 Graduate Institute of Finance |
論文出版年: | 2019 |
畢業學年度: | 108 |
語文別: | 英文 |
論文頁數: | 57 |
中文關鍵詞: | Debt maturity 、Vietnamese 、Total accruals 、Earnings management 、Firm Profitability 、Firm Size |
外文關鍵詞: | Debt maturity, Vietnamese, Total accruals, Earnings management, Firm Profitability, Firm Size |
相關次數: | 點閱:547 下載:0 |
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Numerous factors have been proposed within the prior literature that ultimately have impacts upon the earnings management. The objective of this study is to examine the effects of debt maturity, firm size and firm profitability on earnings management behavior.
The final sample includes financial data of 312 companies listed on Ho Chi Minh Stock Exchange over the period 2014-2017. Using a panel data approach, the empirical evidences reveal that the firms with longer-term maturity debt have incentives to engage in more aggressive management of earnings issue because of less frequent monitoring of lender. The result also shows that firm size has positive relationship with earnings management meanwhile the profitability variable does not have any economic significance with earnings quality. This result is consistent with the prior studies which reveal that debt maturity, firm size and firm profitability are responsible, at least in part, for the earnings quality of firms following certain major corporate events.
Numerous factors have been proposed within the prior literature that ultimately have impacts upon the earnings management. The objective of this study is to examine the effects of debt maturity, firm size and firm profitability on earnings management behavior.
The final sample includes financial data of 312 companies listed on Ho Chi Minh Stock Exchange over the period 2014-2017. Using a panel data approach, the empirical evidences reveal that the firms with longer-term maturity debt have incentives to engage in more aggressive management of earnings issue because of less frequent monitoring of lender. The result also shows that firm size has positive relationship with earnings management meanwhile the profitability variable does not have any economic significance with earnings quality. This result is consistent with the prior studies which reveal that debt maturity, firm size and firm profitability are responsible, at least in part, for the earnings quality of firms following certain major corporate events.
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