Basel III and bank lending channel: Evidence in BRICS and OECD countries
By Nguyen Thi Hong Van (VNP 22) Supervisor: Dr. Le Ho An Chau Abstract Basel committee on banking supervision (BCBS) promulgated Basel III regulations with more tightened operating conditions in the banking sector. This improvement of BCBS has brought about a lot of arguments. Some researchers suppose that Basel III regulations raise the marginal […]
The effect of cash flow sensitivity on enterprises’ cash holdings: Evidence from Vietnam
By Le Kha Tu (VNP 22) Supervisor: Dr. Ngo Minh Hai Abstract: Cash holdings have long been a particular concern when studying the financial policies of enterprises. The global financial crisis in 2008 has impacted many economies in the world; Vietnam was one of the few emerging economies in Southeast Asia being less affected by the […]
Determinants of non-performing loans in Vietnamese banking system
By Nguyen Thi Hong Thuong (VNP 22) Supervisor: Dr. Nguyen Van Ngai Abstract Credit risk is one of the elements impact on the health of banking systems and performance of economic activities. Non-performing loans is the general factor presents for this bank’s credit risk. There are previous researches indicate the close relations between bad debts […]
Capital structure and growth option: evidence from Vietnam’s stock market
By Nguyen Cong Thanh (VNP 22) Supervisor: Dr. Nguyen Vu Hong Thai Abstract The research identifies the impacts of growth opportunities on capital structure of Vietnamese companies. All of the listed firms on Ho Chi Minh Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX) from 2008 to 2015 are included in the research data. The […]
Systematic risk in the capital asset pricing model for Australia: A clinical death?
By Nguyen Cong Thang (VNP 22) Supervisor: Dr. Vo Hong Duc Abstract On the ground of a well-known Markowitz’s Modern Portfolio Theory, a Sharpe-Lintner Capital Asset Pricing Model (CAPM) was derived. The CAPM confirms that only systematic risk – denoted by ß (beta), does matter and investors are only compensated for taking systematic risk. Various […]
Sellers’s reactions to takeover rumours and announcements before M&A: The event study on HOSE
By Nguyen Thi Hong Ngoc (VNP 22) Supervisor: Dr. Vu Viet Quang Abstract This paper examines the trading activity of target firms in the days before acquisition announcement. Using a sample of acquisition announcements in HOSE during the period of 2012 – 2016, the results showed that significantly abnormally trading volume precedes share price movements. […]
Determinants of leverage: Case study of Vietnam seafood processing and exporting industry both for listed and unlisted firms
By Pham Thi Truc Lam (VNP 15) Supervisor: Dr. Nguyen Trong Hoai Abstract Although there are many prior studies about leverage as well as capital structure on the world in general and Vietnam in particular, results of these researches are still inconsistent. Moreover, in context of Vietnam, most of studies about leverage are of listed firms. […]
Determinants of provincial FDI in Vietnam: A cross section data analysis
By Nguyen Dai Hiep (VNP 15) Supervisor: Dr. Nguyen Van Phuc Abstract FDI is of essential importance for achieving economic growth for developing countries, especially for Vietnam, a country which has just opened more than twenty years. There were too many researches about attracting FDI for developing countries. However, there are still less researches related to […]
