Investigating the accruals based earnings management and real transactions earnings manipulation of the seasoned equity offerings companies listed on Ho Chi Minh city stock exchange

Abstract

    This paper explores two aspects of earnings management: (i) accruals based earnings management(AE) and (ii) real transactions earnings manipulation (RE). The financial statements in2011 of 111 seasoned equity offerings companies listed on Ho Chi Minh city stock exchange areemployed. The results show that accruals based earnings management and real transactionsearnings manipulation happened for these companies Moreover, the substitution between AEand RE is used when adjusting profit.