Real earnings management trends in the context of the COVID-19 pandemic: The case of non-financial listed companies in Vietnam
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Author(s)Dang Anh TuanLink to ORCID Index: https://orcid.org/0000-0001-8754-2811
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Nguyen Ngoc Khanh Dung
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Bui Thi Thu ThaoLink to ORCID Index: https://orcid.org/0000-0001-8521-6094
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DOIhttp://dx.doi.org/10.21511/imfi.20(2).2023.25
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Article InfoVolume 20 2023, Issue #2, pp. 295-306
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- 449 Views
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219 Downloads
This work is licensed under a
Creative Commons Attribution 4.0 International License
Real earnings management comprises the intervention by managers intending to change business strategies or policies to achieve specific goals. The paper aims to examine trends and levels of real earnings management in the context of the COVID-19 pandemic in Vietnam. The study uses time series data, and the sample includes 1,800 observations from 2016 to 2021. The methods of the study are regression analyses of the real earnings management model. The results indicate that the COVID-19 pandemic positively and significantly affected real earnings management of companies listed on the Vietnamese stock exchange. The trends and levels of real earnings management in the context of the COVID-19 pandemic increase depending on the severity of the pandemic. In terms of applications, the study provides evidence that the quality of financial reporting is lower during the pandemic. Listed enterprises in Vietnam are using high financial leverage, leading to a higher vulnerability to shocks such as the pandemic. Therefore, the real earnings management technique mainly used by managers is operating cash flow adjustment by using income maximization strategies to increase the ability to borrow capital to maintain business operations. The study suggests that the choice of income maximization or income minimization strategy depends mainly on commitments with the capital provider (credit institutions), specific contexts, and economic factors.
- Keywords
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JEL Classification (Paper profile tab)M41, M42, G34
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References51
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Tables7
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Figures0
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- Table 1. The definition of variables and methods to measure the level of REM
- Table 2. Descriptive statistics of the variables in the model
- Table 3. Two-sample t-tests
- Table 4. Pearson’s correlation coefficient
- Table 5. Regression results according to each proxy of REM
- Table 6. REM measures result
- Table 7. REM regression results by year during the pandemic
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Short video marketing factors influencing the purchase intention of Generation Z in Vietnam
Thi Thuy An Ngo ,
Phu Quach ,
Thanh Vinh Nguyen ,
Anh Duy Nguyen ,
Thi Minh Nguyet Nguyen
doi: http://dx.doi.org/10.21511/im.19(3).2023.04
Innovative Marketing Volume 19, 2023 Issue #3 pp. 34-50 Views: 2234 Downloads: 1193 TO CITE АНОТАЦІЯIn the digital age and technological advancements, short video platforms have become essential tools for online sales and marketing. In addition, shopping through short video marketing has gained significant attention, especially among Generation Z, as it brings unique and novel shopping experiences. The primary goal of this study is to explore the factors of short video marketing that influence the purchase intentions of Generation Z consumers in Vietnam. To conduct this study, a quantitative approach was employed, utilizing a 5-point Likert scale questionnaire administered online through a non-probability sampling method. The sample comprised 350 respondents aged between 16 and 26 from Vietnam, representing Generation Z, who made purchases through short video marketing. The relationships among various variables were analyzed using Structural Equation Modeling (SEM). The study’s results demonstrated a positive, significant, and direct relationship between all factors of short video marketing, including interesting content, perceived usefulness, scenario-based experience, user interaction, perceived enjoyment, and involvement of celebrities and consumer brand attitude. Among these factors, perceived usefulness is the most influential factor on customer brand attitude. In addition, the study revealed that consumer brand attitude, acting as a mediating variable, had a positive and significant impact on consumers’ purchase intentions. Based on the findings, the study suggested strategies for businesses to enhance the quality and content on short video platforms, thereby improving the effectiveness of their marketing strategies.
Acknowledgment
The authors express a sincere gratitude to all the participants who generously took part in this research study. -
The impact of firm size on the performance of Vietnamese private enterprises: A case study
Cuong Vu Hung , Tuong Phi Vinh ,
Binh Dang Thai
doi: http://dx.doi.org/10.21511/ppm.19(2).2021.20
Problems and Perspectives in Management Volume 19, 2021 Issue #2 pp. 243-250 Views: 1880 Downloads: 1815 TO CITE АНОТАЦІЯThis article investigates the effect of firm size on the performance of Vietnamese private enterprises. Based on the data from the Annual Enterprise Survey from 2009 to 2018, this study uses an ordinary least-squares regression model (OLS) to point out the effects of firm size (growth rate, total assets, and total labor) on the performance of Vietnamese private enterprises in both static and dynamic states. According to the results of the quantitative model, total assets are the biggest factor for determining firm performance, followed by total labor and growth rate. The results highlight the issue in Vietnamese private enterprises development in terms of scale, despite the fact that their number is growing, as the scale of enterprises decreases (the proportion of micro and small enterprises increases, but the proportion of medium and big enterprises decreases). Besides, the disadvantages of scale also negatively affect the development process of Vietnamese private enterprises, including accessing capital, increase in production or productivity, business expansion, and improving competitiveness.
Acknowledgments
This research is supported by the National Science Project “Development of Private Enterprises in the Southwest Region in the new context” (KHCN-TNB/14-19/X15). -
IFRS adoption and earnings predictability: evidence from listed banks in Nigeria
Uwalomwa Uwuigbe 
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Agba Love Uyoyoghene ,
Jimoh Jafaru ,
Olubukola Ranti Uwuigbe ,
Rehimetu Jimoh
doi: http://dx.doi.org/10.21511/bbs.12(1-1).2017.10
Banks and Bank Systems Volume 12, 2017 Issue #1 (cont.) pp. 166-174 Views: 1808 Downloads: 981 TO CITE АНОТАЦІЯThe quality of financial report and the extent to which investors rely on them to forecast future earnings is dependent on the accounting standards employed. The impact of IFRS adoption on earnings predictability of listed banks in Nigeria was examined in this study considering a sample of 11 listed banks in Nigeria. Categorically, data were obtained from the financial statement 2013 to 2014 (post-adoption period) and 2010 to 2011 (pre-adoption period). The data obtained were analyzed using regression on the Statistical Package for Social Sciences (SPSS). The study found a decrease in the ability of current earnings to predict future earnings after the adoption period. Thus, IFRS adoption has a negative impact on earnings predictability. The study further suggested that regulatory bodies of the banking sector should enforce strict adherence to IFRS procedures and principles, as well as put in place measures that will improve investors’ protection.
