Open AccessEarnings quality measurements and determinants: the case of listed firms in Vietnam
Author(s) -
Hieu Pham Minh,
Quyen Do Nguyen
Publication year - 2021
Publication title -
international economics and management
Language(s) - English
Resource type - Journals
ISSN - 2615-9856
DOI - 10.38203/jiem.021.3.0034
Subject(s) - leverage (statistics) , earnings quality , earnings , profitability index , vietnamese , panel data , business , dividend , fixed effects model , dividend yield , quality (philosophy) , earnings response coefficient , econometrics , accounting , monetary economics , economics , finance , accrual , dividend policy , statistics , linguistics , philosophy , mathematics , epistemology
The study aims to review different measurements of earnings quality and investigate its determinants which are mainly derived from firm characteristics of Vietnamese listed companies from 2011 to 2019. Panel data analysis is implemented, and fixed-effect regression is employed along with post-estimation tests to achieve robust findings. The research results indicate that dividend yield and firm size are positively related to earnings quality while financial leverage, growth, profitability, and accounting losses have negative impacts on earnings quality. Meanwhile, firm age as well as the Circular 200 have positive partial impact on the quality of earnings of listed firms in Vietnam.