1Nguyen Van Thu, 2Nguyen Thi Bich Thuy, 3Doan Thi Nguyet Ngoc
1,3Faculty of Accounting, University of Labor and Social Affairs, Vietnam
2Faculty of Economics, Vinh University, Vietnam
DOI : https://doi.org/10.47191/ijmra/v4-i1-07Google Scholar Download Pdf
ABSTRACT:
The study investigates capital structure, business size and firms’ facility of food and beverage firms listed on the Hanoi Stock Exchange (HNX). The study employs a set of aggregated data from 15 food and beverage firms listed on the HNX. At the same time, the study also receives comments from experts experienced in the research field. We have performed some descriptive analysis, compared and correlation analysis with support by software Stata13 to evaluate and measure capital structure, business size and firms’ facility of food and beverage firms listed on the Hanoi Stock Exchange (HNX). The results show that there is a difference in capital structure, business size and firms’ facility of food and beverage firms listed on the Hanoi Stock Exchange (HNX). Firms with 10% or more foreign ownership account for a relatively low proportion of these enterprises.
KEYWORDScapital structure, business size, facility, finance
JEL codesG32, O16, P33, P45
REFERENCES
1) Brigham, E. F., & Houston, J. F. (2004). Fundamentals of Financial Management, concise 4th ed., South-Western
Educational Publication, Mason, OH.
2) Bryman, A., & Cramer, D. (2001). Quantitative data analysis with SPSS release 10 for windows: A guide for social scientists.
3) Khan, K., Qu, J., Shah, M. H., Bah, K., & Khan, I. U. (2020). Do Firm Characteristics Determine Capital Structure of Pakistan
Listed Firms? A Quantile Regression Approach. Journal of Asian Finance, Economics and Business, 7(5), 61 – 72.
4) Koralun-Bereźnicka, J. (2018). Firm size and debt maturity as indirect determinants of capital structure: evidence form
European panel data. Applied Economics Letters, 25(18), 1319-1322. https://doi.org/10.1080/13504851.2017.1420869.
5) Modigliani, F., & Miller, M, (1958). The Cost of Capital, Corporation Finance and the Theory of Investment. American
Economic Review, 48, 261-297.
6) Modigliani, F. & Miller, M. E (1963), The Cost of Capital, Corporation Finance and Theory of Investment, American
Economic Review, 48, 328-336.
7) Pham, X. K. (2011). Financial analysis in Vietnam's road transport enterprises. PhD thesis, National Economics University,
Vietnam
8) Vu, T. N. L. (2014). Restructuring capital at Vietnam National Oil and Gas Group. PhD thesis, National Economics
University, Vietnam
9) Web: https://cafef.vn/; cophieu68.vn; https://finance.vietstock.vn/
VOLUME 04 ISSUE 01 JANUARY 2021
Our Services and Policies
Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected.
The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.
International Journal of Multidisciplinary Research and Analysis will publish 12 monthly online issues per year,IJMRA publishes articles as soon as the final copy-edited version is approved. IJMRA publishes articles and review papers of all subjects area.
Open access is a mechanism by which research outputs are distributed online, Hybrid open access journals, contain a mixture of open access articles and closed access articles.
International Journal of Multidisciplinary Research and Analysis initiate a call for research paper for Volume 07 Issue 12 (December 2024).
PUBLICATION DATES:
1) Last Date of Submission : 26 December 2024 .
2) Article published within a week.
3) Submit Article : editor@ijmra.in or Online
Why with us
1 : IJMRA only accepts original and high quality research and technical papers.
2 : Paper will publish immediately in current issue after registration.
3 : Authors can download their full papers at any time with digital certificate.
The Editors reserve the right to reject papers without sending them out for review.
Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected. The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.