E-ISSN 2577-5669
 

Original Research 


Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac.

Abstract
There are many factors affecting disclosure of accounting information and have impacts on risk level of business, such as: the following factors influenced on the disclosure level: tax rate, financial leverage, acquiring company size, recognized percentage of overprice for expected future profitability in relation to the transaction value. This research paper also analyzes the impacts of tax policy on market risk for the listed firms in the medicine industry as it becomes vital. First of all, we found that the beta values for many companies in general are appropriate by using quantitative and analytical methods for the estimation of asset and equity beta of 9 listed Vietnamese medicine companies with a better traditional model.Next, we have noted that under three different scenarios of adjustments in tax rates (25%, 25% and 28%), the equity beta values will not spread significantly, even if the is down to 20% and the risk dispersion will increase 0,512 to 0,513.Third, this analysis found that the risk-dispersion level in this sample analysis could be held to a minimum, if the tax rate is raised to 28% or to 25% , we found beta values and tax rate has positive correlation. Not only the paper propose some policy suggestion, bit it also recommends risk management plans including IT governance and security and risk to reduce operational risk. Specifically, it also proposes suggestions for enhancing disclosure policy of accounting information and risk policies of businesses.

Key words: beta, disclosure of accounting information, It risk, capital structure, economic crisis, risk, tax rate, medicine industry


 
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How to Cite this Article
Pubmed Style

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac. Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol. J Complement Med Res. 2020; 11(1): 139-144. doi:10.5455/jcmr.2020.11.01.16


Web Style

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac. Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol. http://www.jocmr.com/?mno=28166 [Access: July 06, 2020]. doi:10.5455/jcmr.2020.11.01.16


AMA (American Medical Association) Style

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac. Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol. J Complement Med Res. 2020; 11(1): 139-144. doi:10.5455/jcmr.2020.11.01.16



Vancouver/ICMJE Style

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac. Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol. J Complement Med Res. (2020), [cited July 06, 2020]; 11(1): 139-144. doi:10.5455/jcmr.2020.11.01.16



Harvard Style

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac (2020) Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol. J Complement Med Res, 11 (1), 139-144. doi:10.5455/jcmr.2020.11.01.16



Turabian Style

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac. 2020. Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol. Journal of Complementary Medicine Research, 11 (1), 139-144. doi:10.5455/jcmr.2020.11.01.16



Chicago Style

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac. "Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol." Journal of Complementary Medicine Research 11 (2020), 139-144. doi:10.5455/jcmr.2020.11.01.16



MLA (The Modern Language Association) Style

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac. "Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol." Journal of Complementary Medicine Research 11.1 (2020), 139-144. Print. doi:10.5455/jcmr.2020.11.01.16



APA (American Psychological Association) Style

Nguyen Duy Mau, Dinh Tran Ngoc Huy MBA, Nguyen Thu Hien, Master, Nguyen Van Bao, Mac (2020) Factors Affecting Disclosure of Accounting Information and Tax Rates Effects on The Risk Level of Listed Viet Nam Medicine Firms During Global Economic Crisis - And Roles of IT governance and Data Security in Risk Management- And Rol. Journal of Complementary Medicine Research, 11 (1), 139-144. doi:10.5455/jcmr.2020.11.01.16