Accounting Information Quality in Emerging Markets: Conservatism in Financial Reporting of Vietnamese Firms in the Context of International Economic Integration
We test conservatism in financial reporting of Vietnamese listed firms over the period of 2005 to 2014. We find that Vietnamese financial statements ensure conservatism's specifications consisting of asymmetric gain and loss recognition timeliness and asymmetric persistence of earnings changes...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EconJournals
2016-10-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/3122 |
| _version_ | 1797911506556289024 |
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| author | Tuan Bach Le Thu Hang Nguyen |
| author_facet | Tuan Bach Le Thu Hang Nguyen |
| author_sort | Tuan Bach Le |
| collection | DOAJ |
| description |
We test conservatism in financial reporting of Vietnamese listed firms over the period of 2005 to 2014. We find that Vietnamese financial statements ensure conservatism's specifications consisting of asymmetric gain and loss recognition timeliness and asymmetric persistence of earnings changes. We further find that the degree of conservatism has increased significantly over the post-crisis economic restructuring period. The findings provide empirical evidence to the improved quality of accounting information in Vietnam.
Keywords: Accounting; Accounting Information; Financial Reporting
JEL Classifications: M40, M48
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| first_indexed | 2024-04-10T11:41:52Z |
| format | Article |
| id | doaj.art-5704c2b5af574428b17b935fc58414c3 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T11:41:52Z |
| publishDate | 2016-10-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-5704c2b5af574428b17b935fc58414c32023-02-15T16:17:29ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-10-0166SAccounting Information Quality in Emerging Markets: Conservatism in Financial Reporting of Vietnamese Firms in the Context of International Economic IntegrationTuan Bach LeThu Hang Nguyen We test conservatism in financial reporting of Vietnamese listed firms over the period of 2005 to 2014. We find that Vietnamese financial statements ensure conservatism's specifications consisting of asymmetric gain and loss recognition timeliness and asymmetric persistence of earnings changes. We further find that the degree of conservatism has increased significantly over the post-crisis economic restructuring period. The findings provide empirical evidence to the improved quality of accounting information in Vietnam. Keywords: Accounting; Accounting Information; Financial Reporting JEL Classifications: M40, M48 http://mail.econjournals.com/index.php/ijefi/article/view/3122 |
| spellingShingle | Tuan Bach Le Thu Hang Nguyen Accounting Information Quality in Emerging Markets: Conservatism in Financial Reporting of Vietnamese Firms in the Context of International Economic Integration International Journal of Economics and Financial Issues |
| title | Accounting Information Quality in Emerging Markets: Conservatism in Financial Reporting of Vietnamese Firms in the Context of International Economic Integration |
| title_full | Accounting Information Quality in Emerging Markets: Conservatism in Financial Reporting of Vietnamese Firms in the Context of International Economic Integration |
| title_fullStr | Accounting Information Quality in Emerging Markets: Conservatism in Financial Reporting of Vietnamese Firms in the Context of International Economic Integration |
| title_full_unstemmed | Accounting Information Quality in Emerging Markets: Conservatism in Financial Reporting of Vietnamese Firms in the Context of International Economic Integration |
| title_short | Accounting Information Quality in Emerging Markets: Conservatism in Financial Reporting of Vietnamese Firms in the Context of International Economic Integration |
| title_sort | accounting information quality in emerging markets conservatism in financial reporting of vietnamese firms in the context of international economic integration |
| url | http://mail.econjournals.com/index.php/ijefi/article/view/3122 |
| work_keys_str_mv | AT tuanbachle accountinginformationqualityinemergingmarketsconservatisminfinancialreportingofvietnamesefirmsinthecontextofinternationaleconomicintegration AT thuhangnguyen accountinginformationqualityinemergingmarketsconservatisminfinancialreportingofvietnamesefirmsinthecontextofinternationaleconomicintegration |