CEO power and earnings management: Dual roles of foreign shareholders in Vietnamese listed companies

Simple item page
dc.contributor.authorLe, Hanh Thi My
dc.contributor.authorKweh, Qian Long
dc.contributor.authorTing, Irene Wei Kiong
dc.contributor.authorNourani, Mohammad
dc.date.accessioned2020-10-08T06:09:35Z
dc.date.available2020-10-08T06:09:35Z
dc.date.copyright2020
dc.date.issued2022-01
dc.description.abstractUsing a sample of Vietnamese listed companies from 2007–2016, this study examines the impact of CEO power on earnings management. This work also explores how the association between CEO power and earnings management differs between companies with high foreign ownership (FOR) and low FOR. Our fixed-effects panel regression analyses reveal that CEO power significantly and positively affects earnings management, whereas FOR can control earnings management. However, when the sample is split into companies with high and low FOR, the significantly positive effect of CEO power is evident only in the group with high FOR, thereby suggesting that CEO power works positively on earnings management given high FOR. These results remain qualitatively the same when the composite CEO power is replaced with individual measures of CEO power. Overall, policymakers with an oversight function should be aware of the potential dual roles of foreign investors. © 2020 John Wiley & Sons Ltden_US
dc.description.sponsorshipFoundation for Science and Technology Development of Ton Duc Thang University, Grant/Award Number: FOSTECT.2019B.15en_US
dc.identifier.citationLe, H. T. M., Kweh, Q. L., Ting, I. W. K., & Nourani, M. (2022). CEO power and earnings management: Dual roles of foreign shareholders in Vietnamese listed companies. International Journal of Finance and Economics, 27(1), 1240-1256. https://doi.org/10.1002/ijfe.2211en_US
dc.identifier.issn10769307
dc.identifier.urihttps://doi.org/10.1002/ijfe.2211
dc.identifier.urihttp://hdl.handle.net/20.500.12519/253
dc.language.isoenen_US
dc.publisherJohn Wiley and Sons Ltden_US
dc.relationAuthors Affiliations : Le, H.T.M., Benchmarking Research Group, Faculty of Accounting, Ton Duc Thang University, Ho Chi Minh City, Viet Nam; Kweh, Q.L., Faculty of Management, Canadian University Dubai, Dubai, United Arab Emirates; Ting, I.W.K., Faculty of Industrial Management, Universiti Malaysia PahangPahang, Malaysia; Nourani, M., School of Management, Universiti Sains Malaysia, Penang, Malaysia
dc.relation.ispartofseriesInternational Journal of Finance and Economics; Volume 27, Issue 1
dc.rightsLicense to reuse the abstract has been secured from John Wiley and Sons and Copyright Clearance Center.
dc.rights.holderCopyright : © 2020 John Wiley & Sons Ltd
dc.subjectCEO poweren_US
dc.subjectdual rolesen_US
dc.subjectearnings managementen_US
dc.subjectforeign shareholdersen_US
dc.subjectVietnamen_US
dc.titleCEO power and earnings management: Dual roles of foreign shareholders in Vietnamese listed companiesen_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Access Instruction 253.pdf
Size:
43.96 KB
Format:
Adobe Portable Document Format
Description:
Download

Collections

Accounting & Finance