Model for Identifying Profit Adjustment of Enterprises Listed on Ho Chi Minh City Stock Exchange
PHẠM THỊ BÍCH VÂN
This paper analyzes the fit of the modified Jones model in identifying profit adjustment of 54 companies listed on the Ho Chi Minh City Stock Exchange (HOSE) in the accounting year of 2010. The research results show that the Modified Jones model is not effective in identifying profit adjustment of the enterprises listed on HOSE because of the coefficient measuring the fit of the model (R2 = 3.8%). After analyzing the macroeconomic environment of the HCMC stock market in particular and Vietnam in general, such variables as revenue, depreciation cost and provision cost are selected and added to the model, the R2 coefficient is found to increase to 40.9%. Moreover, all the variables are significant.
2019, Journal of Asian Business and Economic Studies
Traditional craft villages play a vital role in the development of rural Vietnam. They have created millions of well-paid jobs and helped enhance the rural life. Yet, the number of researches on traditional craft villages could be only counted on the fingers of one hand, especially quantitative ones. By this paper, we would like to prove that the human capital and family traditions are decisive factors which impinge on the size, product quality and marketing strategies silk producing concerns in Vạn Phúc Village in the North Vietnam.