Corporate governance, external financing, and earnings management: new evidence from an emerging market

Abstract This study investigates the relationship between corporate governance, external financing, and earnings management in an emerging market. Using a sample of Vietnamese listed companies period 2010–2020, results indicate that which is measured by principal component analysis (PCA) methodology, useful mechanism to control management. However, when firms engage financing activities, governance not significantly associated with both accrual-based real In addition, also examines role moderating effects on firm value, how it encouraged needs. The shows while good lessens influence needs only prompts manipulation have no effect directly or indirectly. Therefore, findings could provide implications for managers regulators enhance practice alleviate devaluation caused practice.