Factors Effect on Capital Structure The Caseof Delisted Companies on the Vietnam Stock Market / Dinh, Thi Thu Thao
Tác giả : Dinh, Thi Thu Thao
Nhà xuất bản : H. : ĐHQGHN
Năm xuất bản : 2016
Tùng thư :
Vol.32;No. 5E (2016)
Chủ đề : 1. Capital structure, stock market, delisted firms. 2. Vietnam. 3. Article.
Thông tin chi tiết
Tóm tắt : | The intent of this study is to investigate the factors effect on the capital structure of companies delisted on the stock market. In the period from 2012 to 2015, 120 companies delisted on Vietnam’s stock markets (HNX and HOSE). We classified the chosen companies delisted by delisting reason. We then we chose those companies delisted relating to theissue of capital. Based on data from 80 companies delisted on Vietnam stock markets using quantitative research methods, we find a correlation between the debt ratio of the firms and the proxy of firm’s performance, the proxy of firm size, the liquidity ratio and return on assets. The study results have implications for investors and for managers in making decisions about optimal capital structure. The results are a basis for investors to predict the health of the companies in which they intend to invest, or delisted companies that have still the capability of developing |
Thông tin dữ liệu nguồn
Thư viện | Ký hiệu xếp giá | Dữ liệu nguồn |
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Đại học Kinh tế - ĐHQGHN |
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https://repository.vnu.edu.vn/handle/VNU_123/55636 |