In:
Journal of Economics and Public Finance, Scholink Co, Ltd., Vol. 8, No. 2 ( 2022-05-19), p. p121-
Abstract:
This study is conducted to evaluate and analyze factors affecting the capital structure of real estate joint-stock companies listed on Vietnam’s stock exchange for more than 5 years or more. The research uses a regression model for table data in which data is collected from the consolidated financial statements and other information of 55 joint-stock companies in the real estate industry from the period 2015 - 2019. The result indicates that factors such as firm size, age of the Chairman of the Board and return on equity (ROE) have a positive effect on capital structure. In contrast, factors such as operating time, gender, liquidity, asset turnover ratio, and return on total assets (ROA) have a negative impact on the capital structure of real estate joint-stock companies. In general, the women-chaired enterprises have a higher debt ratio than those of males. However, the higher age of the men-chaired enterprises, the higher the debt ratio their enterprises have compared to women-chaired enterprises.
Type of Medium:
Online Resource
ISSN:
2377-1046
,
2377-1038
DOI:
10.22158/jepf.v8n2p121
Language:
Unknown
Publisher:
Scholink Co, Ltd.
Publication Date:
2022
detail.hit.zdb_id:
2841435-4
Permalink
