The Impacts of Earnings Quality on Dividend Policy of Listed Enterprises in Vietnam

The paper examines the impact of earnings quality (EQ) on the dividend policy of enterprises in Vietnam. We consider the EQ in terms of multiple dimensions such as accruals quality, earnings persistence, revelance and timeliness of earning information. The study uses regression method according to Structural Equation Modeling (SEM), with EQ as an intermediate variable, data collected at enterprises listed on the stock market in Vietnam in the period of 2010 - 2018, with 4541 observations. The research results have found that EQ has a positive influence on dividend policy on all aspects of EQ. The empirical research results are a useful basis to help enterprises improve EQ, thereby helping business in implementing appropriate dividend policy.