THE IMPACT OF EARNINGS MANAGEMENT ON STOCK RETURNS OF REAL ESTATE COMPANIES LISTED ON THE VIETNAMESE STOCK MARKET – International Journal of Education, Business and Economics Research (IJEBER)

Title: THE IMPACT OF EARNINGS MANAGEMENT ON STOCK RETURNS OF REAL ESTATE COMPANIES LISTED ON THE VIETNAMESE STOCK MARKET

Authors:
Thi Thu Hang Nguyen, Hong NganNguyen, Hien ThaoBui, Ha MinhTran and Thuy LinhMai

Abstract:
The objective of this study is to examine the impact of earnings management on the stock return rate of real estate companies listed on the Vietnamese stock market. The research is conducted by collecting information and survey results from 60 real estate companies listed on the Ho Chi Minh City Stock Exchange (HOSE) and the Hanoi Stock Exchange (HNX) from 2018 to 2023. The panel data analysis method is applied, using OLS, FEM, and REM models. Among these, the FEM model is identified as the most suitable for explaining the research model. These findings provide practical policy implications for investors, the government, auditing firms and real estate companies.

Keywords: Earnings management, stock return rate, stock exchange, real estate sector.

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