International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

Frequency: 12
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 Volume 12, Issue 2 (February 2025), Pages: 13-22

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 Original Research Paper

Improving corporate governance to enhance earnings quality: Empirical evidence from the emerging market of Vietnam

 Author(s): 

 Luu Tien Thuan *, Nguyen Thi Ngoc Diep, Tran Viet Thanh Truc, Nguyen Thu Nha Trang, Nguyen Thi Phuong Dung, Le Thi Thu Trang

 Affiliation(s):

 School of Economics, Can Tho University, Can Tho City, Vietnam

 Full text

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0002-1513-3362

 Digital Object Identifier (DOI)

 https://doi.org/10.21833/ijaas.2025.02.002

 Abstract

This study aims to provide more evidence on the earnings quality of companies listed in emerging markets by examining how corporate governance factors affect earnings quality in Vietnam. Using panel data analysis, the research analyzed data from 216 firms listed on Vietnam’s two main stock exchanges, the Ho Chi Minh Stock Exchange (HOSE) and the Hanoi Stock Exchange (HNX), between 2017 and 2021. The findings identified six key variables with a significant impact on earnings quality: board size, board activity, net cash flow from operations, return on assets, working capital, and the COVID-19 pandemic. These results highlight the critical role of corporate governance in improving the earnings quality of listed firms. Therefore, this study offers valuable insights for securities analysts, regulatory bodies, and users of accounting information to better understand the relationship between corporate governance and earnings quality in the Vietnamese market.

 © 2025 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords

 Corporate governance, Earnings quality, Emerging markets, Panel data analysis, Stock exchanges

 Article history

 Received 26 August 2024, Received in revised form 5 January 2025, Accepted 16 January 2025

 Acknowledgment

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Thuan LT, Diep NTN, Truc TVT, Trang NTN, Dung NTP, and Trang LTT (2025). Improving corporate governance to enhance earnings quality: Empirical evidence from the emerging market of Vietnam. International Journal of Advanced and Applied Sciences, 12(2): 13-22

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 Figures

 Fig. 1 Fig. 2

 Tables

 Table 1 Table 2 

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