Earnings Management of Listed Companies in Vietnam Stock Market: An Exploratory Study and Identification of Influencing Factors

Pham Duc Hieu, Le Thi Thanh Ha

Abstract

Based on data from 1,281 observations on Vietnam's stock market in the period 2009-2015, the article clarified two fundamental issues by identifying the existence of earnings management of listed companies and analyzing the factors influencing earnings management such as business sectors, auditing firms, and debt-to-equity ratio. The findings of the article contributed to the limited research on earnings management on Vietnam’s stock market in particular as well as on the disclosure of earnings information of Vietnam’s enterprises in general.