Factors affecting the capital structure of food manufacturing companies listed in stock exchanges of Vietnam

Abstract

Capital structure is a decisive factor of the company. Therefore, the study on the influence of the factors on capital structure will establish the foundation for managers to decide the capital structure for their companies. The purpose of this research is to evaluate the influence of the factors on the capital structure of food manufacturing companies in Vietnam. The research has addressed the capital structure of food manufacturing companies in Vietnam in accordance with the pecking order theory, in which, there are 5 factors noticeably affecting the capital namely business efficiency, firm age, firm size, growth and assets structure.