Leverage and investment: The moderation role of firm size – Evidence in Vietnam
By Mai Cao Tue (VNP 23) Supervisor: Dr. Le Thanh Loan Abstract: Business environment has been modernized dramatically, and determinants of investment decisions have been changing. In the expansion progress, companies have to invest in new machines, infrastructure, and technologies to increase productivity as well as reduce long-term costs, so the decision-making process definitely plays […]
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 […]


