Firm’s histories, managerial entrenchment and leverage ratio from Vietnam’s listed firms
By Pham Le Phuong Lan (VNP 21) Supervisor: Dr. Vo Hong Duc Abstract Managerial entrenchment occurs when managers are able to manipulate financing decisions to support their own interests rather than those of shareholders. Furthermore, the market timing activity is considerably explained by managers’ financing decisions through which companies choose to raise debt or equity to […]
Inter-relationship between capital structure, free cash flow, diversification and firm performance
By Thai Ba Toan (VNP 21) Supervisor: Dr. Pham Dinh Long Abstract Improving firm performance is always a top concern of companies. The global financial crisis and public – debt crisis in Europe has had a negative impact on the economy of Vietnam, especially on Vietnamese companies. Therefore, the issues of performance enhancement, escaping from stagnating […]
The impact of corporate social responsibility on firm performance: The case of in Vietnamese companies
By Tran Phuoc Loc (VNP 21) Supervisor: Dr. Nguyen Trong Hoai Abstract This study attempts to identify the determinants of Corporate Social Responsibility (CSR) and to examine the impacts of CSR on firm’s financial performance of 6435 Vietnamese firms extracted from the combination of the Vietnam Technology and Competitiveness Survey (TCS) and the Vietnam Enterprise […]
Factors of consumer’s choices: A reaveled preferences analysis for 3 in 1 coffee
By Nguyen Van Vien (VNP 21) Supervisor: Dr. Truong Dang Thuy Abstract 3in1 coffee is known as an important product of instant coffee market in Vietnam, especially in Ho Chi Minh City. The reason of that comes from the benefits which 3in1 coffee brings to consumers in term of convenience, product quality, and appropriate price. […]
The influence of labor market size and social capital to outsourcing decision: Empirical study for Small and Medium enterprises in Vietnam
By Le Duy Minh (VNP 21) Supervisor: Dr. Pham Khanh Nam Abstract The purpose of this paper is to provide an insight to the impact of labor market size and social capital on the outsourcing decision in Vietnam Small and Medium enterprises, using the data collected in 2013. Logit binary model is employed to explore […]
Climate change and income diversification in the Mekong river delta: A panel data analysis
By Nguyen Thi Tuyet Nga (VNP 21) Supervisor: Dr. Pham Khanh Nam Abstract The main objective of this study is to analyze the impact of climate change and other socio – economic determinants on the income diversification strategy in Mekong River Delta. The data set is drawn from the VHLSS 2010,2012 and 2014, while climatic […]
Corporate governance and ownership on voluntary information disclosure: Case study for listed firms in Ho Chi Minh stock exchange
By Phan Hoa Thao Nguyen (VNP 21) Supervisor: Dr. Vu Viet Quang Abstract Using final sample data of 237 publicly traded firms on HOSE for the study period from 2010 to 2015, the paper investigates the relationship between corporate governance and ownership to voluntary information disclosure in Vietnam. Furthermore, to check significant impact of corporate […]
Determinants of students’ academic performance: The case of Mekong river data
By Tran Chi Nguyen (VNP 21) Supervisor: Dr. Pham Khanh Nam Abstract This paper focus on examines factors that influence student academic performance in Mekong River Delta, Vietnam. Basing on a survey that is conducted by the author in 2015, 297 students of Can Tho University have filtered to examine. The Education production function of […]
How do womens education and career affect their decision on marriage and motherhood? A case study for Vietnam
By Truong Uyen Phuong (VNP 21) Supervisor: Dr. Truong Dang Thuy Abstract Nowadays, time to marry has been earlier among women in developing countries, and time of entry into first marriage has each particular effect on health issue of women and their children. However, there are not many researches focusing on this area, especially for […]
The willingness to pay for flood insurance in Mekong river delta
By Nguyen Ngoc Que Anh (VNP 21) Supervisor: Dr. Truong Dang Thuy Abstract In the circumstance of climate change and series of dams built in Mekong River Basin, risk of flood damages and productivity loss in Mekong River Delta tend to be ambiguous and unpredictable. Choice experiment is applied to assess the stated preference and […]
Earnings management by real activities manipulations: A look at Vietnam
By Nguyen Duy Anh (VNP 21) Supervisor: Dr. Nguyen Thi Thuy Linh Abstract This research thesis tests three hypothesizes: (i) In Viet Nam, the listed companies that meet earnings target (zero earnings and zero earnings growth) exhibit the proof of real activities manipulation (ii) Hypothesis 2: there is the difference between the extent of using […]
SME credit rating model in Vietnam: Probability of default assessment
By Nguyen Viet Duc (VNP 21) Supervisor: Dr. Nguyen Trong Hoai Abstract The largest part in Asset of any bank in its balance sheet is loans, which accounted over 70% of total bank’s asset. Therefore loan becomes the biggest factor affecting bank’s profit/loss (PnL) and managing loan becomes the main point in banking management. For […]
The effect of regional trade agreement to trade flow: Evidence of trade creation and trade diversion of Asean – Japan free trade area
By Pham Thi Hien (VNP 21) Supervisor: Dr. Le Ho An Chau Abstract This paper analyzes the effect of AJCEP, focusing on trade creation and trade diversion effects to ASEAN countries and Japan. Aggregated and disaggregated data sets for five different products include: Agricultural goods, manufactured products, chemical products, Machinery and equipment of transportation and […]
Banking industry volatility and economic growth
By Tran Quoc Thanh (VNP 20) Supervisor: Dr. Vo Xuan Vinh Abstract There is growing evidence from multi- studies indicating that there are lots of determinants advocate to economic growth. However, very few research papers contribute to banking sector, vital field of modern economy. It is unclear whether it is appropriate to assume an identical […]
Collateral liquidity and loan default risks: The case of Vietnam
By Nguyen Le Hieu (VNP21) Supervisor: Dr. Le Ho An Chau Abstract This thesis investigates the impact of the liquidity level of collaterals on the probability of default of individual loans and examines the channels through which collaterals affect default risks. Following the approach of Jiménez and Saurina (2004), binominal logit model is applied on […]
Impact of financial liberalization on private savings rate. A panel data analysis
By Le Thanh Thanh (VNP 20) Supervisor: Dr. Nguyen Hoang Bao Abstract This paper investigates the impact of financial liberalization on private savings rate. The study covers the data of 58 countries from 1980 to 2005. The Abiad et al (2008) database was used to measure the financial liberalization indices. Three-Stage Least Squares (3SLS) was […]
Debt tax shield and firm value: Empirical evidence from listed companies in Vietnam
By Nguyen Thi Hong Hoa (VNP 21) Supervisor: Dr. Vu Viet Quang Abstract In the present study, panel data in fiscal year from 2008 to 2015 has been collected to reveal the interaction between debt tax shield and firm value. The main purpose is to examine the value of debt tax shield and its effect […]
Nonrenewable, renewable energy consumption and economic performance in OECD countries: A stochastic distance function approach
By Nguyen Thi Ngan Thao (VNP 20) Supervisor: Dr. Le Van Chon Abstract Kyoto Protocol with the target of lowering greenhouse gas emission levels to mitigate the harsh aftermaths of global warming and climate change, primarily caused by fossil fuel using, has put a great pressure on developed countries, including OECD countries, which accounts for […]
Corporate income taxes and firm’s financing decisions: The case of Vietnamese tax incentives
By Pham Nguyen Quang Hoa (VNP 21) Supervisor: Dr. Nguyen Trong Hoai Abstract Based on the tax incentives policy enacted by Vietnamese Government in the year 2004, this paper applies Difference in Difference method and compares the debt-equity ratio of treatment and un-treatment (control) companies before and after this policy to determine the impact of […]
Education-occupation mismatch in Vietnam: Determinants and effects on earnings
By Phan Thi Thanh Thao (VNP 20) Supervisor: Dr. Truong Dang Thuy Abstract We examine the education-occupation mismatch in horizontal and vertical respects; and their impacts on earnings of Vietnamese workers. We start by clarifying definitions and causal reasons of mismatch between education and occupation: in major and level. Analyzing survey data from 267 workers, […]
Determinants underlying incidence and amount of bribery: An evidence from manufacturing firms in Vietnam
By Vu Thi Thuong (VNP 20) Supervisor: Dr. Le Van Chon Abstract Using a panel data set from the Small and Medium Enterprise (SME) Surveys from 2005 – 2013, this study investigates the factors which influence the incidence of bribery and the size of bribe payment among formal and informal firms in Vietnam. Due to […]