The Impact Of Financial Leverage, Investment And Working Capital Policies On Firm Performance: The Case Of Vietnamese Listed Seafood Export Companies

The corporate finance literature has traditionally focused on the study of the impact of financial decisions on firm performance. This paper examine the effects of financial leverage, working capital management policy in relation to investment activities and management capacities on the performance...

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Main Authors: Vũ Hữu Đức, Trần Tuyết Thanh, Phạm Thị Phương Thảo, Trần Minh Ngọc
Format: Article
Language:Vietnamese
Published: TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH 2021-03-01
Series:Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh
Subjects:
Online Access:https://journalofscience.ou.edu.vn/index.php/econ-vi/article/view/1069
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author Vũ Hữu Đức
Trần Tuyết Thanh
Phạm Thị Phương Thảo
Trần Minh Ngọc
author_facet Vũ Hữu Đức
Trần Tuyết Thanh
Phạm Thị Phương Thảo
Trần Minh Ngọc
author_sort Vũ Hữu Đức
collection DOAJ
description The corporate finance literature has traditionally focused on the study of the impact of financial decisions on firm performance. This paper examine the effects of financial leverage, working capital management policy in relation to investment activities and management capacities on the performance of Vietnamese listed seafood export companies for the period 2007-2010. The findings revealed that firms with high financial leverage, aggressive working capital policy and high level of investment have suffered the most during industry downturn. We also found that market development capacity was an important factor that impacts on firm performance.
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2734-9578
language Vietnamese
last_indexed 2024-12-22T07:41:57Z
publishDate 2021-03-01
publisher TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH
record_format Article
series Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh
spelling doaj.art-b8e3baeb4d924e1b82c87b8167a6f8a22022-12-21T18:33:44ZvieTẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINHTạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh2734-93062734-95782021-03-01835064869The Impact Of Financial Leverage, Investment And Working Capital Policies On Firm Performance: The Case Of Vietnamese Listed Seafood Export CompaniesVũ Hữu ĐứcTrần Tuyết ThanhPhạm Thị Phương ThảoTrần Minh NgọcThe corporate finance literature has traditionally focused on the study of the impact of financial decisions on firm performance. This paper examine the effects of financial leverage, working capital management policy in relation to investment activities and management capacities on the performance of Vietnamese listed seafood export companies for the period 2007-2010. The findings revealed that firms with high financial leverage, aggressive working capital policy and high level of investment have suffered the most during industry downturn. We also found that market development capacity was an important factor that impacts on firm performance.https://journalofscience.ou.edu.vn/index.php/econ-vi/article/view/1069đòn bẩy tài chínhmức độ đầu tưvốn lưu chuyểnhiệu quả kinh doanhdoanh nghiệp xuất khẩu thủy sản việt nam.
spellingShingle Vũ Hữu Đức
Trần Tuyết Thanh
Phạm Thị Phương Thảo
Trần Minh Ngọc
The Impact Of Financial Leverage, Investment And Working Capital Policies On Firm Performance: The Case Of Vietnamese Listed Seafood Export Companies
Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh
đòn bẩy tài chính
mức độ đầu tư
vốn lưu chuyển
hiệu quả kinh doanh
doanh nghiệp xuất khẩu thủy sản việt nam.
title The Impact Of Financial Leverage, Investment And Working Capital Policies On Firm Performance: The Case Of Vietnamese Listed Seafood Export Companies
title_full The Impact Of Financial Leverage, Investment And Working Capital Policies On Firm Performance: The Case Of Vietnamese Listed Seafood Export Companies
title_fullStr The Impact Of Financial Leverage, Investment And Working Capital Policies On Firm Performance: The Case Of Vietnamese Listed Seafood Export Companies
title_full_unstemmed The Impact Of Financial Leverage, Investment And Working Capital Policies On Firm Performance: The Case Of Vietnamese Listed Seafood Export Companies
title_short The Impact Of Financial Leverage, Investment And Working Capital Policies On Firm Performance: The Case Of Vietnamese Listed Seafood Export Companies
title_sort impact of financial leverage investment and working capital policies on firm performance the case of vietnamese listed seafood export companies
topic đòn bẩy tài chính
mức độ đầu tư
vốn lưu chuyển
hiệu quả kinh doanh
doanh nghiệp xuất khẩu thủy sản việt nam.
url https://journalofscience.ou.edu.vn/index.php/econ-vi/article/view/1069
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