Corporate ownership and firm performance in emerging market : a study of Vietnamese listed firms

Duc Nam Phung, Thi Phuong Thao Hoang

    Research output: Chapter in Book / Conference PaperConference Paperpeer-review

    Abstract

    ![CDATA[Using data from Ho Chi Minh Stock Exchange and Hanoi Stock Exchange during the period of 2007 and 2012, this study examines the effect of corporate ownership (state ownership and foreign ownership) on firm performance. The empirical findings from fixed effect models show that while state ownership has an inverted U-shaped relationship with firm performance, foreign ownership has a U-shaped relationship with firm performance. These results imply that when ownership is concentrated, while state ownership lower firm performance, foreign ownership enhance firm performance.]]
    Original languageEnglish
    Title of host publicationProceedings of World Business and Social Science Research Conference, 24–25 October 2013, Hotel Novotel Bangkok on Siam Square, Bangkok, Thailand
    PublisherWorld Business Institute Australia
    Pages1-16
    Number of pages16
    ISBN (Print)9781922069337
    Publication statusPublished - 2013
    EventWorld Business and Social Science Research Conference -
    Duration: 24 Oct 2013 → …

    Conference

    ConferenceWorld Business and Social Science Research Conference
    Period24/10/13 → …

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