Factors affecting earnings persistence: research in emerging markets
Abstract The paper examines the influence of business characteristics on earnings persistence in Vietnam because earnings persistence is also one of the earnings quality assessment factors that attract the attention of investors and financial analysts. The study used regression methods of OLS, REM, FEM, and GLS, and research data at enterprises listed on the stock market in Vietnam from 2010 to 2018, with 3 677 observations. The results have identified factors such as firm size, revenue growth rate, accruals and dividend policy that positively affect earnings persistence while the financial structure has the opposite effect on the persistence of earnings. Besides, the liquidity only has an unclear influence on the persistence of earnings. The results of this study help businesses identify, improve earnings persistence and transparency of financial statements, accurately reflect business reality, and build the trust of shareholders.
| Main Authors: | , |
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| Format: | Digital revista |
| Language: | English |
| Published: |
Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración
2022
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| Online Access: | http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S0186-10422022000100214 |
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