Struktura obiektu

Autor:

Nguyen Thanh Liem ; Trinh Quoc Trung ; Nguyen Vinh Khuong ; Cao Thi Mien Thuy

Współtwórca:

Stankiewicz, Janina - red. nacz. ; Preston, Peter- red. jęz. ; Zmyślony, Roman - red. statyst. ; Skalik, Jan - red. ; Moczulska, Marta - red. ; Adamczyk, Janusz- red.

Tytuł:

Is short term debt maturity linked to real earning management

Tytuł publikacji grupowej:

Management, vol. 26 (2022)

Temat i słowa kluczowe:

real earnings management ; debt maturity ; short-term load ; information asymmetry ; zarządzanie realnymi zarobkami ; zapadalność długu ; kredyt krótkoterminowy

Abstract:

This paper explores the association between the maturity of short term debt and real earnings management in the context of an emerging market. We use a panel dataset of listed firms in Vietnam over the period from 2009 to 2017 and employ conventional methods for panel data analysis. ; Our work contributes by documenting a non-linear relationship between short-term debt maturity and manipulation of earnings. In particular, businesses prefer to refrain from manipulating earnings at low short-term debt maturity levels but are likely to manage them at higher short-term debt maturity levels. Under a battery of robustness evaluations, this result remains unchanged. ; This means that investors/lenders of firms should be vigilant with the information recorded on financial statements because managers can manage corporate earnings, especially at high short-term debt levels.

Wydawca:

Zielona Góra: Faculty of Economics and Management Press

Data wydania:

2022

Typ zasobu:

artykuł

Format:

application/pdf

DOI:

10.2478/manment-2019-0090

Strony:

189-203

Źródło:

Management, vol. 26, no 1 (2022)

Jezyk:

eng

Prawa do dysponowania publikacją:

Biblioteka Uniwersytetu Zielonogórskiego