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Erschienen in:
An Empirical Research on Factors Affecting the Liquidity of Listed Construction and Materials Firms: Evaluation from Quantile Regression Model Kapitel lesen Erstes Kapitel lesen

2024 | OriginalPaper | Buchkapitel

Income Smoothing Practices: Evidence from Vietnam Stock Exchange Market

verfasst von : Pham Duc Hieu, Hoang Ha Anh

Erschienen in: Proceedings of the 4th International Conference on Research in Management and Technovation

Verlag: Springer Nature Singapore

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Abstract

The study aims to: (i) provide empirical evidence on income smoothing practice of listed companies in Vietnam Stock Exchange; and (ii) investigate the impacts of firms’ profitability, financial leverage, liquidity, and audit firm size combined with several control variables proxied by listing age, firm size, audit tenure, and board size on income smoothing of Vietnamese listed companies from 2009 to 2021. Using the purposive sampling method, the studied samples are 81 companies making of 1053 observations in total. Data are analyzed using logistic regression with dependent variable which is income smoothing categorized based on the Eckel’s index. The study's findings indicate that while other variables have no effect on income smoothing practices, financial leverage, audit firm size, and company size have a substantial impact. The findings of this study also suggest that income smoothing is very viable in Vietnam, similar to that in Japan but considerably less common than in Singapore and China.

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Metadaten
Titel
Income Smoothing Practices: Evidence from Vietnam Stock Exchange Market
verfasst von
Pham Duc Hieu
Hoang Ha Anh
Copyright-Jahr
2024
Verlag
Springer Nature Singapore
Buch
Proceedings of the 4th International Conference on Research in Management and Technovation

Print ISBN: 978-981-9984-71-8

Electronic ISBN: 978-981-9984-72-5

Copyright-Jahr: 2024

DOI
https://doi.org/10.1007/978-981-99-8472-5_14

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