Abstract
One of the most alarming issues today is the transparency of financial reporting among listed companies. Nowadays, the role of the board of directors is becoming increasingly important in regulating and overseeing corporate activities to mitigate the impact of financial reporting fraud on the market value of listed companies. The sample data includes 426 listed companies on the Vietnamese stock market from 2012 to 2022 with 4,684 observations. The methods used are OLS, FEM, REM and S-GMM. The research results indicate that the board of directors plays a regulatory role in influencing the impact of financial reporting fraud on the market value of listed companies. Specifically, duality and equity ownership increase the impact, whereas independence reduces it.
Published Version
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