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

dc.contributor.author Le, Hanh Thi My
dc.contributor.author Kweh, Qian Long
dc.contributor.author Ting, Irene Wei Kiong
dc.contributor.author Nourani, Mohammad
dc.date.accessioned 2020-10-08T06:09:35Z
dc.date.available 2020-10-08T06:09:35Z
dc.date.copyright 2020
dc.date.issued 2022-01
dc.description This article is not available at CUD collection. The version of scholarly record of this Article is published in International Journal of Finance and Economics (2022), available online at: https://doi.org/10.1002/ijfe.2211 en_US
dc.description.abstract Using 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 Ltd en_US
dc.description.sponsorship Foundation for Science and Technology Development of Ton Duc Thang University, Grant/Award Number: FOSTECT.2019B.15 en_US
dc.identifier.citation Le, 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.2211 en_US
dc.identifier.issn 10769307
dc.identifier.uri https://doi.org/10.1002/ijfe.2211
dc.identifier.uri http://hdl.handle.net/20.500.12519/253
dc.language.iso en en_US
dc.publisher John Wiley and Sons Ltd en_US
dc.relation Authors 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.ispartofseries International Journal of Finance and Economics; Volume 27, Issue 1
dc.rights License to reuse the abstract has been secured from John Wiley and Sons and Copyright Clearance Center.
dc.rights.holder Copyright : © 2020 John Wiley & Sons Ltd
dc.rights.uri https://s100.copyright.com/CustomerAdmin/PLF.jsp?ref=ef3d10aa-8e30-45f0-9289-11e979c03faa
dc.subject CEO power en_US
dc.subject dual roles en_US
dc.subject earnings management en_US
dc.subject foreign shareholders en_US
dc.subject Vietnam en_US
dc.title CEO power and earnings management: Dual roles of foreign shareholders in Vietnamese listed companies en_US
dc.type Article en_US
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