Please use this identifier to cite or link to this item: https://dspace.ctu.edu.vn/jspui/handle/123456789/70469
Title: The International trade in the relationship between financial leverage and performance: A case in Vietnam
Authors: Nguyen, Hoang Thuy Bich Tram
Nguyen, Thi Thuy Linh
Ton, Nu Nhat Minh
Keywords: Financial leverage
International trade
Performance
Issue Date: 2019
Series/Report no.: Tạp chí Khoa học và Công nghệ Trường Đại học Công nghiệp Thành pố Hồ Chí Minh;Số 37B - Tr.11-23
Abstract: This paper considers the international trade effect in the relationship between Financial leverage and Finn performance. It find out the answer to whether the impact of the financial leverage on internationally - oriented firms are stronger than on domestically - oriented ones. I he paper use ordinary Seas! squares, two - stage least squares and generalized method of moments to analyze data sample consisting of 107 enterprises in the period 2007-2015. Research results show that the international trade affects negatively the relationship between financial leverage and performance in Vietnamese firms. The effect of financial leverage in internationally - oriented firms are more than in domestically - oriented firms. Besides, other factors such as Vietnam's interest rate, firm age. and firm size also affect negatively on firms' performance. However, economic growth factor has a positive impact on the increase of assets return. In addition, the research points out that the large scale of business will offset the negative effects of financial leverage on performance.
URI: https://dspace.ctu.edu.vn/jspui/handle/123456789/70469
ISSN: 2525-2267
Appears in Collections:Khoa học và Công nghệ Trường Đại học Công nghiệp Thành phố Hồ Chí Minh

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