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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Format: | Article |
Language: | Vietnamese |
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TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH
2021-03-01
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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. |
first_indexed | 2024-12-22T07:41:57Z |
format | Article |
id | doaj.art-b8e3baeb4d924e1b82c87b8167a6f8a2 |
institution | Directory Open Access Journal |
issn | 2734-9306 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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