Financial development and firms’ financing constraints: A study of manufacturing firms in Vietnam
By Vu Thi Khanh (VNP 19) Supervisor: Dr. Le Van Chon Abstract Using panel data from the Vietnamese Enterprise Survey (VES) from 2006-2012, this thesis aims to analyze the relationship between financial development and financing constraints of firms in Vietnam. The Euler equation approach is applied to model firms’ investment. Investment sensitivity to cash-flow is […]
