文章基本信息

标题：Impacts of Earnings Quality and Debt Maturity on Investment Efficiency: Study Case in Vietnam
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作者：Dang Ngoc Hung ; Vu Thi Thuy Van ; Nguyen Thi Thanh Phuong 等
期刊名称：International Journal of Financial Research
印刷版ISSN：1923-4023
电子版ISSN：1923-4031
出版年度：2020
卷号：11
期号：4
页码：421-431
DOI：10.5430/ijfr.v11n4p421
出版社：Sciedu Press
摘要：The paper analyzed the impact of earnings quality (EQ), debt maturity, investment efficiency (IE) of listed companies on Vietnam stock market thanks to the regression methods of FEM, REM and GLS and data of enterprises in the period of 2010 - 2018. The research findings have shown that EQ and debt maturity have a positive impact on EI, in which EQ has a stronger influence than debt maturity. A review of both EQ and the debt maturity for overinvestment or underinvestment indicated a positive impact and the stronger impact on overinvestment. Based on the research findings, the authors have put forth several recommendations for investors, businesses and policy makers.
关键词：earnings quality; debt maturity; investment efficiency