Red flags and going concern: an evidence from Vietnamese delisted companies

Phung Anh Thu * , & Nguyen Vinh Khuong

* Correspondence: Phung Anh Thu (email: phunganhthu1990@gmail.com)

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Received: 04 Aug 2017
Revised: 05 Sep 2017
Accepted: 05 Sep 2017
Published: 11 Oct 2017
DOI: 10.58810/vhujs.5.4.2017.5419
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How to Cite
Phùng, . A. T., & Nguyễn, K. V. (2017). Red flags and going concern: an evidence from Vietnamese delisted companies. Van Hien University Journal of Science 5(4), 42-49.
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Volume 5 - Issue 4 (2017)
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Abstract

Highly transparent financial information will help users, especially investors, get useful information to make different investment decisions in order to benefit from the decisions which have great significance. With studied data from 80 delisted companies in the period 2012-2015, the study was conducted to provide evidence of the impact of red flags (financial ratios) on going concern. In the stock market of Vietnam. The finding results pointed out that some red flags having an impact on going concern and then recommendation is proposed to stakeholders.
Keywords: red flags, going concern, Z score, delisted firms, Vietnam

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