The board of directors influence on the information quality of financial reporting through accounting conservatism – Empirical evidence on Vietnamese listed enterprises
The information quality contained in financial reporting has practical implications for stakeholders. Accounting conservatism is a criterion that affects the authentication of the value of assets and liabilities related to the financial reporting of enterprises. The role of the board of directors is...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
LLC "CPC "Business Perspectives"
2023-03-01
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| Series: | Investment Management & Financial Innovations |
| Subjects: | |
| Online Access: | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/17841/IMFI_2023_01_Tuan.pdf |
| _version_ | 1797865891820470272 |
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| author | Dang Anh Tuan Tran Quoc Thinh Le Xuan Thuy |
| author_facet | Dang Anh Tuan Tran Quoc Thinh Le Xuan Thuy |
| author_sort | Dang Anh Tuan |
| collection | DOAJ |
| description | The information quality contained in financial reporting has practical implications for stakeholders. Accounting conservatism is a criterion that affects the authentication of the value of assets and liabilities related to the financial reporting of enterprises. The role of the board of directors is to supervise the information quality of an enterprise. The purpose of the paper is to examine how the board of directors influences the information quality of financial reporting through accounting conservatism. The survey sample includes 100 listed enterprises that have the highest capitalization in Vietnam’s stock market. Time series data taken for the last five years are published by enterprises from 2018 to 2022. The paper implements the quantitative method of ordinary least squares to test the hypotheses. The results explore that board size, board independence, and audit organization affect the information quality of financial reporting through accounting conservatism. Accordingly, board size has the strongest influence, and board independence has the weakest effect on the information quality of financial reporting through accounting conservatism. The research suggests some policies for Vietnamese listed enterprises to have appropriate regulations for the board of directors and strengthen control of the information quality of financial reporting. |
| first_indexed | 2024-04-09T23:16:30Z |
| format | Article |
| id | doaj.art-84deb7da47a84c2387ef282430d0c938 |
| institution | Directory Open Access Journal |
| issn | 1810-4967 1812-9358 |
| language | English |
| last_indexed | 2024-04-09T23:16:30Z |
| publishDate | 2023-03-01 |
| publisher | LLC "CPC "Business Perspectives" |
| record_format | Article |
| series | Investment Management & Financial Innovations |
| spelling | doaj.art-84deb7da47a84c2387ef282430d0c9382023-03-22T09:02:07ZengLLC "CPC "Business Perspectives"Investment Management & Financial Innovations1810-49671812-93582023-03-0120126527610.21511/imfi.20(1).2023.2317841The board of directors influence on the information quality of financial reporting through accounting conservatism – Empirical evidence on Vietnamese listed enterprisesDang Anh Tuan0https://orcid.org/0000-0001-8754-2811Tran Quoc Thinh1https://orcid.org/0000-0003-1504-8122Le Xuan Thuy2https://orcid.org/0000-0003-3695-7632Ph.D., Lecturer, Faculty of Accounting and Auditing,Industrial University of Ho Chi Minh CityPh.D., Associate Professor, Lectuer, Faculty of Accounting and Auditing, Industrial University of Ho Chi Minh CityM.Fin., Vice Director,HDBank of Ho Chi Minh CityThe information quality contained in financial reporting has practical implications for stakeholders. Accounting conservatism is a criterion that affects the authentication of the value of assets and liabilities related to the financial reporting of enterprises. The role of the board of directors is to supervise the information quality of an enterprise. The purpose of the paper is to examine how the board of directors influences the information quality of financial reporting through accounting conservatism. The survey sample includes 100 listed enterprises that have the highest capitalization in Vietnam’s stock market. Time series data taken for the last five years are published by enterprises from 2018 to 2022. The paper implements the quantitative method of ordinary least squares to test the hypotheses. The results explore that board size, board independence, and audit organization affect the information quality of financial reporting through accounting conservatism. Accordingly, board size has the strongest influence, and board independence has the weakest effect on the information quality of financial reporting through accounting conservatism. The research suggests some policies for Vietnamese listed enterprises to have appropriate regulations for the board of directors and strengthen control of the information quality of financial reporting. https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/17841/IMFI_2023_01_Tuan.pdfaccounting informationdualityfinancial statementindependent memberstewardship |
| spellingShingle | Dang Anh Tuan Tran Quoc Thinh Le Xuan Thuy The board of directors influence on the information quality of financial reporting through accounting conservatism – Empirical evidence on Vietnamese listed enterprises Investment Management & Financial Innovations accounting information duality financial statement independent member stewardship |
| title | The board of directors influence on the information quality of financial reporting through accounting conservatism – Empirical evidence on Vietnamese listed enterprises |
| title_full | The board of directors influence on the information quality of financial reporting through accounting conservatism – Empirical evidence on Vietnamese listed enterprises |
| title_fullStr | The board of directors influence on the information quality of financial reporting through accounting conservatism – Empirical evidence on Vietnamese listed enterprises |
| title_full_unstemmed | The board of directors influence on the information quality of financial reporting through accounting conservatism – Empirical evidence on Vietnamese listed enterprises |
| title_short | The board of directors influence on the information quality of financial reporting through accounting conservatism – Empirical evidence on Vietnamese listed enterprises |
| title_sort | board of directors influence on the information quality of financial reporting through accounting conservatism empirical evidence on vietnamese listed enterprises |
| topic | accounting information duality financial statement independent member stewardship |
| url | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/17841/IMFI_2023_01_Tuan.pdf |
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