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VOLUME 04 ISSUE 12 December 2021

The Effect of Factors on Operational Efficiency and the Relationship between Operational Efficiency and Solvency of Logistics Joint-Stock Companies
1Long Thanh Le, 2Ha Thi Thu Nguyen
1,2Advanced Education Program Institute, National Economics University
DOI : https://doi.org/10.47191/ijmra/v4-i12-07

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ABSTRACT:

Operational Efficiency (OE) and solvency play an important role in the success of any enterprises. Therefore, studying the relationship between OE and solvency needs to be taken comprehensively and continuously in order to find out long –term solutions for increasing business effectiveness. This paper examines the determinants of OE and the relationship between OE and solvency of the logistics joint-stock companies (JSCs) listed on the Vietnam Stock market with answers for the above - mentioned issues. This study mainly investigates 30 listed logistics firms from 2014 to 2018. The findings of this study suggested that the relationship between OE and solvency of logistics JSCs is inversely correlation.

Keywords

Operational Efficiency, Solvency, Logistics JSCs.

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VOLUME 04 ISSUE 12 December 2021

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