Research impact of governance activities on business efficiency of real estate industry companies listed on the Vietnam stock exchange

The study aims to measure the influence of management activities on the business performance of the companies. The study conducted a random sampling of 180 financial statements, for 12 consecutive years, of 15 real estate companies listed on Vietnam’s stock exchange. Statistical results show that th...

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Bibliographic Details
Main Authors: Lê Na, Nguyễn Danh Thịnh, Trần Đình Lý
Format: Article
Language:Vietnamese
Published: TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH 2023-02-01
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/2339
Description
Summary:The study aims to measure the influence of management activities on the business performance of the companies. The study conducted a random sampling of 180 financial statements, for 12 consecutive years, of 15 real estate companies listed on Vietnam’s stock exchange. Statistical results show that the board of directors of companies usually has from 03 to 05 members, and most of the directors are concurrently members of the board of directors. Companies with business results and efficiency have increased quite rapidly over the years. The analysis results of the Fixed Effect Model (FEM) and Random Effect Model (REM) show that there is a negative relationship between financial leverage variables; company size by assets, and the gender of the chief accountant with business performance. As for the debt/equity ratio variables; the coefficient of fixed assets; labor scale; The age of the company, and the proportion of women on the board of directors have a positive relationship with business performance.
ISSN:2734-9306
2734-9578