Corporate social responsibility and earning management: Evidence from listed Vietnamese companies
The purpose of this paper is to examine the association between corporate social responsibility (CSR) and earning management of listed Vietnamese companies. Both accrual earning management (AEM) and real earning management (REM) are calculated on yearly basis from 2016–2020. Information on CSR is ex...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2022-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2022.2114303 |
| _version_ | 1817996504129863680 |
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| author | Ngoc Mai Tran Manh Ha Tran Thuy Duong Phan |
| author_facet | Ngoc Mai Tran Manh Ha Tran Thuy Duong Phan |
| author_sort | Ngoc Mai Tran |
| collection | DOAJ |
| description | The purpose of this paper is to examine the association between corporate social responsibility (CSR) and earning management of listed Vietnamese companies. Both accrual earning management (AEM) and real earning management (REM) are calculated on yearly basis from 2016–2020. Information on CSR is extracted from the top 100 sustainable businesses announced by Vietnam Chamber of Commerce and Industry (VCCI). Using Feasible Generalized Least Squares (FGLS) method, this study finds negative relationship between CSR and earning management. High socially responsible firms are less likely to engage in earning manipulation, for both AEM and REM. In other words, these firms are less likely to obscure true economic performance by changing accounting methods or altering the real business transactions. The study is the first to examine the impact of CSR on both AEM and REM in the context of Vietnam. It also provides important implications for shareholders, stakeholders and related authorities using CSR as a sign of quality of reported financial information. |
| first_indexed | 2024-04-14T02:23:05Z |
| format | Article |
| id | doaj.art-72e7595b2051408ca57cf2cf7bf8d71c |
| institution | Directory Open Access Journal |
| issn | 2331-1975 |
| language | English |
| last_indexed | 2024-04-14T02:23:05Z |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj.art-72e7595b2051408ca57cf2cf7bf8d71c2022-12-22T02:17:57ZengTaylor & Francis GroupCogent Business & Management2331-19752022-12-019110.1080/23311975.2022.2114303Corporate social responsibility and earning management: Evidence from listed Vietnamese companiesNgoc Mai Tran0Manh Ha Tran1Thuy Duong Phan2Finance Faculty, Vietnam Banking Academy, Hanoi, VietnamAcademic Affairs Department, Banking Academy of VietnamFaculty of Transport Economics, University of Transport Technology, Hanoi, VietnamThe purpose of this paper is to examine the association between corporate social responsibility (CSR) and earning management of listed Vietnamese companies. Both accrual earning management (AEM) and real earning management (REM) are calculated on yearly basis from 2016–2020. Information on CSR is extracted from the top 100 sustainable businesses announced by Vietnam Chamber of Commerce and Industry (VCCI). Using Feasible Generalized Least Squares (FGLS) method, this study finds negative relationship between CSR and earning management. High socially responsible firms are less likely to engage in earning manipulation, for both AEM and REM. In other words, these firms are less likely to obscure true economic performance by changing accounting methods or altering the real business transactions. The study is the first to examine the impact of CSR on both AEM and REM in the context of Vietnam. It also provides important implications for shareholders, stakeholders and related authorities using CSR as a sign of quality of reported financial information.https://www.tandfonline.com/doi/10.1080/23311975.2022.2114303corporate social responsibilityCSRearning managementM14M4 |
| spellingShingle | Ngoc Mai Tran Manh Ha Tran Thuy Duong Phan Corporate social responsibility and earning management: Evidence from listed Vietnamese companies Cogent Business & Management corporate social responsibility CSR earning management M14 M4 |
| title | Corporate social responsibility and earning management: Evidence from listed Vietnamese companies |
| title_full | Corporate social responsibility and earning management: Evidence from listed Vietnamese companies |
| title_fullStr | Corporate social responsibility and earning management: Evidence from listed Vietnamese companies |
| title_full_unstemmed | Corporate social responsibility and earning management: Evidence from listed Vietnamese companies |
| title_short | Corporate social responsibility and earning management: Evidence from listed Vietnamese companies |
| title_sort | corporate social responsibility and earning management evidence from listed vietnamese companies |
| topic | corporate social responsibility CSR earning management M14 M4 |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2022.2114303 |
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