Key Factors Impacting Business Performance an Investigation of Firms in Vietnam

Authors

  • Nguyen Mai Lan Faculty of Finance and Accounting, Nguyen Tat Thanh University, Ho Chi Minh City, Vietnam.
  • Thai Hong Thuy Khanh Faculty of Finance and Accounting, Nguyen Tat Thanh University, Ho Chi Minh City, Vietnam.
  • Harwindar Singh School of Business, Malaysia University of Science and Technology, Malaysia
  • Nguyen Ngoc Thanh Phuong School of Business, Malaysia University of Science and Technology, Malaysia

DOI:

https://doi.org/10.15379/ijmst.v11i1.3713

Keywords:

Financial Performance, Joint Stock Companies, HOSE, Leverage; ROA, Stock Market Pricing.

Abstract

This study examines factors affecting company performance on the Ho Chi Minh Stock Exchange from 2008 to 2020, analyzing internal and external variables, including the Covid-19 pandemic's impact. Using data from 40 firms and macroeconomic indicators, advanced econometric models identify key determinants of Return on Assets (ROA). Findings suggest financial leverage and operating leverage enhance ROA, while asset size and consumer inflation have mixed effects. Industrial production positively correlates with ROA, whereas the pandemic negatively impacts corporate performance. These insights inform strategic management and policy-making for economic resilience.

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Published

2024-05-24

How to Cite

[1]
N. M. . Lan, T. H. T. . Khanh, H. . Singh, and N. N. T. . Phuong, “Key Factors Impacting Business Performance an Investigation of Firms in Vietnam ”, ijmst, vol. 11, no. 1, pp. 545-568, May 2024.

Issue

Vol. 11 No. 1 (2024): Continuous publication

Section

Articles

License

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