Are there significant mean differences in the financial ratios between fraudulent and non-fraudulent companies in Vietnam?

Abstract

This research aims to investigate whether there are any significant differences between the means of financial ratios of fraudulent and non-fraudulent firms and to identify which financial ratio is significant to predict fraudulent financial reporting. The sample comprises 63 fraudulent companies and 63 samples of non-fraudulent companies listed on the HOSE in 2017. The results show that there is only a significant mean difference between the fraud and non-fraud firms in inventory to total assets; the others do not differ significantly. These results provide empirical evidence of the limited ability of financial ratios to predict fraudulent financial reporting.

Keywords

• gian lận báo cáo tài chính
• gian lận
• tỷ số tài chính