FACTORS AFFECTING THE FRAUDULENT FINANCIAL STATEMENTS OF LISTED COMPANIES

Abstract

The study of factors affecting financial statement fraud will serve as a basis for managers to improve corporate governance, and efficiency, and at the same time help policy makers to issue policies to control fraudulent financial statements in order to prevent fraudulent financial statements of companies listed on the Vietnamese stock market in the most effective way, contributing to improving the effectiveness of corporate governance authority of the State. There have been many studies on financial reporting fraud done in the world, with the greatest concentration in countries with developed economies such as the US, UK, and Australia, where the users of financial statements are aware of the role of truthfulness and accuracy of the information in financial statements. However, according to the author's research, up to this point in Vietnam, empirical studies related to the search and identification of factors affecting the fraudulent behavior of financial statements of listed companies listing are limited.