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 language | English |
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Title of host publication | Proceedings of World Business and Social Science Research Conference, 24–25 October 2013, Hotel Novotel Bangkok on Siam Square, Bangkok, Thailand |
Publisher | World Business Institute Australia |
Pages | 1-16 |
Number of pages | 16 |
ISBN (Print) | 9781922069337 |
Publication status | Published - 2013 |
Event | World Business and Social Science Research Conference - Duration: 24 Oct 2013 → … |
Conference
Conference | World Business and Social Science Research Conference |
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Period | 24/10/13 → … |