Academic Journal
The impact of audit opinion on cost of debt: Evidence from Vietnam
| العنوان: | The impact of audit opinion on cost of debt: Evidence from Vietnam |
|---|---|
| المؤلفون: | Nguyen Vinh Khuong, Nguyen Thi Lan Huong, Vy Bao Chau, Nguyen Ton Huong Mai, Nguyen Le Cam Thi, Cu Tong Hoai Linh |
| المصدر: | Ho Chi Minh City Open University Journal of Science - Economics and Business Administration, Vol 11, Iss 1, Pp 83-93 (2021) |
| بيانات النشر: | HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, 2021. |
| سنة النشر: | 2021 |
| المجموعة: | LCC:Economic theory. Demography |
| مصطلحات موضوعية: | audit opinion, cost of debt, listed company, vietnam, Economic theory. Demography, HB1-3840 |
| الوصف: | We consider whether the category of audit opinion an enterprise receives is pertained to the cost of debt of Vietnam corporations and how does it impact them. Proceeding from the data collected from 80 listed companies in the Vietnam stock exchange in the period of 2007 - 2017, we used a quantitative method to demonstrate the negative impact of modified audit opinion on the cost of debt. When companies receive a modified opinion, they have to pay higher interest rates and have a shorter maturity. From the results, this paper suggests some implications for the financial statement disclosure of listed firms and regulators in order to contribute to the transparency of the financial reports. |
| نوع الوثيقة: | article |
| وصف الملف: | electronic resource |
| اللغة: | English |
| تدمد: | 2734-9314 2734-9586 42879442 |
| Relation: | https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/1067; https://doaj.org/toc/2734-9314; https://doaj.org/toc/2734-9586 |
| DOI: | 10.46223/HCMCOUJS.econ.en.11.1.1067.2021 |
| URL الوصول: | https://doaj.org/article/6dbb390d7c0c4287944260132631d0ce |
| رقم الانضمام: | edsdoj.6dbb390d7c0c4287944260132631d0ce |
| قاعدة البيانات: | Directory of Open Access Journals |
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