Earnings Quality and Corporate Social Disclosure: The Moderating Role of State and Foreign Ownership in Vietnamese Listed Firms

Trang Cam Hoang, Indra Abeysekera, Shiguang Ma

Research output: Contribution to journalArticleResearchpeer-review

Abstract

By investigating the effect of earnings quality (EQ) on corporate social disclosure (CSD) in the context of Vietnam, this study tests whether firms uphold managerial opportunism based on the agency theory or social responsibility based on stakeholder theory. It also tests the moderating effect of state and foreign ownership on the relationship between EQ and CSD. This study finds that the long-term perspective argument dominates in the relationship between EQ and CSD, indicating that EQ is positively and significantly associated with CSD. The study also finds that the increasing proportion of shares held by the government in firms weakens the relationship between EQ and CSD.
Original languageEnglish
Pages (from-to)272-288
Number of pages17
JournalEmerging Markets Finance and Trade
Volume55
Issue number2
Early online date9 Oct 2018
DOIs
Publication statusPublished - 26 Jan 2019

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Earnings quality
Disclosure
Foreign ownership
State ownership
Managerial opportunism
Social responsibility
Proportion
Agency theory
Government
Stakeholder theory
Moderating effect

Cite this

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Earnings Quality and Corporate Social Disclosure : The Moderating Role of State and Foreign Ownership in Vietnamese Listed Firms. / Hoang, Trang Cam; Abeysekera, Indra; Ma, Shiguang.

In: Emerging Markets Finance and Trade, Vol. 55, No. 2, 26.01.2019, p. 272-288.

Research output: Contribution to journalArticleResearchpeer-review

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