Proceedings of the International Conference on Emerging Challenges: Strategic Adaptation in The World of Uncertainties (ICECH 2022)

Investors’ Perception About Information Disclosure of Company Performance: Case of Vietnam Stock Exchange

Authors
Giang Ngo Thu1, *, Giang Dao Nguyen Thuy2
1Department of Financial Management, School of Economics and Management, Hanoi University of Science and Technology, Hanoi, Vietnam
2Central Queensland University, Rockhampton, Australia
*Corresponding author. Email: giang.ngothu@hust.edu.vn
Corresponding Author
Giang Ngo Thu
Available Online 23 May 2023.
DOI
10.2991/978-94-6463-150-0_32How to use a DOI?
Keywords
business performance; information disclosure; stock exchange; investor perception; information needs; Vietnam stock exchange
Abstract

The financial market in Vietnam has also been evolving quickly in recent years Today, thousands of companies have been listed on Vietnam stock exchangeInvestorsors need information for making investment decisions This paper aims to examine the importance of information disclosure about company performance in terms of current and future -oriented information from listed companies in investment decision making of Vietnam investors. While most researches relating to information disclosure are implemented from the view of market discipline governance rather than from the investors’ view . To understand investors’ perception about the information importance, a survey method is applied in this study. The research found that information about the management of investment projects, and updated business activities information are the most important while others as the structure of organization and management), human resource management, and societal responsibility are the least important to investors. Regarding to forecasted information, information related to planned projects, planning for capital raising, predicted dividend payent, and predicted P/E ratio are the most important. The results achieved from the research reflect investors’ perception of information’ importance disclosed by the listed company. The results are very important for government authorities in regulating information disclosure of listed firms; for listed firms in improving the quality of information disclosure.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Emerging Challenges: Strategic Adaptation in The World of Uncertainties (ICECH 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
23 May 2023
ISBN
978-94-6463-150-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-150-0_32How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Giang Ngo Thu
AU  - Giang Dao Nguyen Thuy
PY  - 2023
DA  - 2023/05/23
TI  - Investors’ Perception About Information Disclosure of Company Performance: Case of Vietnam Stock Exchange
BT  - Proceedings of the International Conference on Emerging Challenges: Strategic Adaptation in The World of Uncertainties (ICECH 2022)
PB  - Atlantis Press
SP  - 501
EP  - 512
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-150-0_32
DO  - 10.2991/978-94-6463-150-0_32
ID  - NgoThu2023
ER  -