Determinants of firm exit in Vietnam

By Tran Thi Lam (VNP 20)

Supervisor: Dr. Truong Dang Thuy

Abstract

This paper examines the determinants of firm exit in Vietnam using SME data from 2005 to 2011. Using panel data from 10 provinces and cities in Vietnam and applying the logistic regression method, this study finds that total asset and leverage have positive impacts on firm exit while the size, age, investment and total gross profit negatively affect firm exit.