Foreign firms in Vietnam

In this paper, we examine the relation between foreign directors and firm performance measured by return on assets in Vietnam. Using a sample of 175 firms with 955 observations from 2013 to 2019, we find that having foreign directors on board who have better expertise, experience, and networks is positively related to firm performance.

7p vigojek 02-02-2024 1 1   Download

The paper aims to investigate the impact of ownership structure on the audit quality in Vietnam listed companies within a five-year period 2015-2019. The empirical results from Probit models and Feasible Generalised Least Squares method show that ownership by institutional and foreign investors have positive impact on listed firms’ audit quality while family and government ownership do not affect audit quality.

6p vipierre 02-10-2023 5 3   Download

The purpose of the study is to evaluate the impact of foreign direct investment, spillover effects on the productivity of the manufacturing industry in Vietnam. Using 34,838 manufacturing enterprises in the period 2002 to 2012, the research results show that the firm with a higher foreign ownership is consistent with the higher productivity.

5p vipierre 02-10-2023 4 3   Download

Previous literature has acknowledged the favorable impact of internationalization on firm performance. Through thorough review, scarce literature has been devoted to the internationalization endeavor of small and medium enterprises (SMEs) in a developing economy regardless of a big economic role that these firm may play. Moreover, internationalization is usually examined in exporting or direct foreign investment forms despite its complex and multifaceted nature.

40p nhanchienthien 25-07-2023 10 5   Download

The objective of this study is to examine and analyze factors of agglomeration economies that have been affecting location choice of FDI in Vietnam from 2011-2016. By using the panel data and Random-Effect Model approach, the study studies the impact of 7 factors that could have impact on the location choice of foreign-invested firms in Vietnam. The results indicate that the existing activities of FDI in a province will attract more FDI in the future.

21p nhanchienthien 25-07-2023 8 4   Download

The paper "The challenges faced by developing countries regarding transfer pricingregulation - A case study of Vietnam" offers a broad and complete interdisciplinary vision, not only from policy makers, tax authorities but enterprises and consultant firms such as Big 4 towards the change in current transfer pricing regulation. Besides giving comments on new law in Vietnam, we foresee the change in transfer pricing regime of developing countries in future.

8p nhanchienthien 25-07-2023 4 4   Download

This paper aims to study the relationship between foreign investors’ investment decision and the stock market via their volume trading for firms listed in Vietnam stock market from 2007 to 2011. The main findings are summarized as follows.

6p vijaguar 16-11-2022 13 3   Download

This paper aims to examine if firm characteristics had an impact on foreign investors’ decisions on buying and selling Vietnamese listed firms’ stocks between 2015 and 2019. Despite the vast majority of research in the same fields worldwide, answers to this question were not clear.

10p vianapatricia 22-06-2022 13 2   Download

This research examines the determinants of the choice between two popular international entry modes, namely acquisitions and joint ventures, of investors in the Vietnamese market. We proposed seven factors at country-, industry-, and firm-levels that can have an impact on this investment decision. These factors include cultural distance, economic growth, industry relatedness, resource access speed, investing experience, deal size and target company structure.

12p alucardhellsing 04-05-2022 14 2   Download

The study intends to make practical contributions to the literature on information disclosure and corporate governance in the context of integration in Vietnam through investigating annual reports. Firstly, this paper indicated that, independent variable of audit committee is positively associated with level of voluntary information practices.

19p huyetthienthan 23-11-2021 22 1   Download

According to KOTRA report in 2016, Korea remains number 1 investing country for Vietnam market in terms of accumulative FDI(Foreign Direct Investment). The total accumulative FDI amount by Korea shows U$ 48,810 mil.andnumber of FDI cases done by Korea remains 5,453cases. Around 5,500 Korean firms have entered into Vietnam.

9p viuchinaga2711 21-10-2021 7 1   Download

This study developed the framework of knowledge spillovers at sector level and investigated these spillover effects of research and development (R&D), foreign direct investment (FDI) and trade activities on sectoral innovation by Spatial Regression Models. Besides, the study examined the spillover effects of sectoral innovation and provincial human resources on firms’ TFP with 7,236 enterprises in 38 sectors of Vietnamese manufacturing industries, located in 62 provinces by Cross-Classified Models.

197p kethamoi12 15-05-2021 10 2   Download

The paper examines the impact of capital structure in the context of foreign ownership on firm performance on non-financial companies in Vietnam between 2008 and 2018. The study employs Pooled OLS, Fixed effect, random effect, and Generalized Least Square to analyze the data. The study finds a non-linear relationship of foreign ownership and firm performance, so that the relationship, which is at first a positive one, becomes negative beyond a certain level of foreign ownership (30-45% ownership depending on the measure of performance).

15p nguaconbaynhay11 07-04-2021 21 1   Download

In this study, we examine how ownership structure affects the use of independent directors in Vietnam – an emerging stock market. With a sample of 1,318 observations collected from 192 listed firms over the period from 2008 to 2017, we find that insider ownership and independent director appointment have a U-shaped relationship. It is positive when insiders hold a small proportion of shares, and turns out to be negative when insiders hold a large percentage of shares.

8p trinhthamhodang9 10-12-2020 12 0   Download

The second essay examines the effect of banking system reform, which is defined by the presence of foreign banks, on investment-cash flow relation in a context of a small transition economy. I find evidence that the presence of foreign banks in Vietnam results in decreasing in firm’s dependence on local banks and has changed their financial constraint. Company investments are less reliant on internal cash flow in the post reform period.

178p kequaidan6 15-07-2020 22 1   Download

This study employs a sample of 142 foreign direct investment (FDI) firms in Vietnam in 2019. We use Linear regression analysis, modelling audit delay as a function of the following explanatory variables: firm size, audit firm type, sign of income, audit opinion, and leverage.

8p kelseynguyen 26-05-2020 32 2   Download

This research was conducted to investigate the impact of equity in foreign direct investment (FDI) firms on accountants' loyalty in Thanglong industrial park, Hanoi, Vietnam based on Equity theory. Data were collected through a survey with 150 accountants from Thanglong industrial park.

6p kelseynguyen 26-05-2020 26 2   Download

Overall, to study the roles of ownership structure and board characteristics on firm performance. The ownership structure being studied include the State ownership, family, and foreign ownership in corporations.

31p covid19 02-03-2020 33 1   Download

This paper investigates the relationship between foreign direct investment (FDI) and the productivity of domestic firms in Vietnam. We find evidence of productivity externalities through vertical linkages with joint venture foreign investors in both upstream and downstream sectors. We also identify productivity effects associated with technology transfers from upstream wholly foreign-owned firms. This is the first time that evidence of productivity effects due to forward linkages has been identified in a developing country context.

28p nguaconbaynhay2 07-01-2020 29 2   Download

The thesis provides theoretical findings that the application of carbon taxation has the negative effect that lowering the investment level of the firm, however, at the same time, it also has the positive effect of restricting investors with low technology level and encouraging investors with higher technology level at the same carbon tax rate. Thus, if the carbon tax is used as a regulatory tool, the government may develop policies that will encourage high-tech investors leading to the higher quality of foreign investment in Vietnam.

125p dungmaithuy 18-09-2019 15 1   Download