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1.

The impact of accounting disclosures on individual investors’ decision making in Vietnam Stock Market Pages 2391-2402 Right click to download the paper Download PDF

Authors: Thi Thuy Hang Dang, Trung Kien Phan, Van Thuan Tran, Thi Nam Thanh Tran, Thanh Long Pham

DOI: 10.5267/j.msl.2019.7.016

Keywords: Investors, Decision-making, Accounting Information, Disclosures, Vietnam Stock Exchange

Abstract:
This paper presents an empirical investigation on the perceptions of individual investors about the impact of accounting disclosures on their decision makings on the stock exchange market. The study uses some quantitative methods with survey questionnaires sent to investors participating in the Vietnam stock market. By using SPSS 22, the research develops a research model with 11 accounting information groups (factors) which are measured by 82 items. The results indicate that the income information significantly affected investors’ decisions on buying, selling and holding securities while the information on assets, the accounting principles and policies had little impact on individuals’ investment decisions. The voluntary disclosures, however, show more effects than mandatory disclosures on the investors' decision making.
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Journal: MSL | Year: 2019 | Volume: 9 | Issue: 13 | Views: 2143 | Reviews: 0

 

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