The Impact of Earnings Management Behavior on the Performance of Listed Companies on the Hanoi Stock Exchange (Hnx) in Vietnam

Dinh The  Hung; Le Viet  Dung; Le Phuong  Nhi

doi:10.55220/25766759.297

Authors

Dinh The Hung School of Accounting and Auditing, National Economics University 207 Giai Phong Road, Dong Tam ward, Hai Ba Trung District, Hanoi, Vietnam.
Le Viet Dung Excellent Auditing 63B, National Economics University 207 Giai Phong Road, Dong Tam ward, Hai Ba Trung District, Hanoi, Vietnam.
Le Phuong Nhi Grant Thornton Vietnam Co., Ltd 18th Floor, Hoa Binh International Office Building, 106 Hoang Quoc Viet Street, Nghia Do Ward, Cau Giay District, Hanoi, Vietnam.

DOI:

https://doi.org/10.55220/25766759.297

Keywords:

Big4, Corporate performance, Earnings management, HNX.

Abstract

This study analyzes the impact of earnings management on the business performance of companies listed on the Hanoi Stock Exchange (HNX) in Vietnam. Data were collected from 247 listed companies on HNX, with 1,235 observations during the period 2019–2023. The research team employed multiple linear regression analysis with the support of Stata software. The research results indicate that earnings management affects corporate performance. Additionally, control variables such as duality, Big Four audit firms, board size, and firm size also influence the performance of companies listed on HNX. The paper also provides several recommendations regarding the relationship between earnings management and the performance of listed companies on HNX.