1Nhung Doan Thi Hong, 2*Hang Trinh Thi Thu
1Dai Nam University, No. 1 Pho Xom, Phu Lam, Ha Đong, Ha Noi 100000, Vietnam
2*VNU University of Economics and Business, Vietnam National University, Vietnam
DOI : https://doi.org/10.47191/ijmra/v8-i02-23Google Scholar Download Pdf
ABSTRACT:
This research examines the impact of temporary fiscal policies on the financial performance and market dynamics of firms listed on Vietnam’s stock exchanges. By utilizing panel data spanning from 2018 to 2023, the study applies econometric methods, specifically a fixed-effects regression model, to explore the connections between fiscal stimulus measures—such as tax benefits and government subsidies—and corporate indicators, including profitability, stock price fluctuations, and investment behavior. The results demonstrate that temporary fiscal policies positively influence corporate profitability, stabilize market dynamics, and promote reinvestment, with export-oriented industries and larger firms benefiting the most. These findings provide evidence-based insights for policymakers to optimize fiscal interventions and ensure sustainable economic growth in emerging markets like Vietnam.
KEYWORDS:fiscal policy, corporate performance, profitability, stock market stability, investment behavior, Vietnam, fixed-effects model, emerging markets
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