Earnings quality and the cost of debt: A case study of Vietnam

被引：3

作者：

Thuy, Van Vu Thi ^{[1
]}

Ngoc, Hung Dang ^{[2
]}

Ngoc, Tram Nguyen ^{[1
]}

Le, Hoang Anh ^{[1
]}

机构：

[1] Natl Econ Univ, Sch Banking & Finance, Hanoi, Vietnam

[2] Hanoi Univ Ind, Fac Accounting & Auditing, Hanoi, Vietnam

来源：

COGENT BUSINESS & MANAGEMENT | 2022年 / 9卷 / 01期

关键词：

Audit quality; cost of debt; earnings quality; financial constraints; foreign ownership; AUDITOR INDUSTRY SPECIALIZATION; ACCRUALS QUALITY; ACCOUNTING CONSERVATISM; AGENCY COSTS; MANAGEMENT; INFORMATION; OWNERSHIP; RISK; DISCLOSURE; PREDICTION;

D O I：

10.1080/23311975.2022.2140489

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines the impact of earnings quality (EQ) on the Vietnam companies' cost of debt (COD). We use data from companies listed on the Vietnam stock market from 2010 to 2019. In this paper, we develop a model to investigate the influence of audit quality and foreign ownership on COD. We find that EQ had a negative relationship with COD. However, when firm is in financial distressed, EQ has a positive relationship with COD. As an intermediate variable, EQ also has a negative relationship with COD.

引用

页数：22

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