This study investigates the moderating roles of audit reputation and ESG related risk management on the relationship between earnings manipulat ion and firm value in Southeast Asia. Using panel data from publicly listed firms across Indonesia, Malaysia, Thailand, the Philippines, Singapore and Vietnam for 6 years (2018 2023), we analyze how these factors influence the impact of earnings manipulati on on firm value. Earnings manipulation is assessed through Beneish’s M score, while audit reputation is measured by Big 4 audit firm and ESG related risk is evaluated based on ESG scores and associated challenges. Our findings reveal that earnings manipul ation, audit reputation, ESG related risk management practice, firm size, and profitability are positively associated with firm valuation. In contrast, firm age and leverage have negative impacts. Furthermore, the presence of a Big 4 auditor and ESG relate d risk management practice positively moderates the impact of earnings manipulation on valuation. This study underscores the need for enhanced audit quality and ESG transparency to protect firm value and investor confidence, thereby providing valuable guid ance for investors, regulators, and policymakers in Southeast Asia and suggesting directions for future research in emerging markets.
Tạp chí: 11th International Conference on Electrical Engineering, Computer Science and Informatics (EECSI 2025), Yogyakarta, Indonesia on September 26-27, 2024
Tạp chí: The 4th International Conference on Innovations in Social Sciences Education and Engineering (ICoISSEE-4) Bandung, Indonesia, July, 20th, 2024
Tạp chí khoa học Trường Đại học Cần Thơ
Lầu 4, Nhà Điều Hành, Khu II, đường 3/2, P. Xuân Khánh, Q. Ninh Kiều, TP. Cần Thơ
Điện thoại: (0292) 3 872 157; Email: tapchidhct@ctu.edu.vn
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