Ownership structures impact on firm performance across industries: A study in Vietnam
Abstract
This paper aims to identify the relationship of firms’ performance and
ownership structure and to identify the differences across industries. This study is
conducted on listed companies on both Hochiminh Stock Exchange (HOSE) and Hanoi
Stock Exchange (HNX). Information of 109 listed enterprises in 2013 is processed and
regressed to use for cross-section data method. Indeed, the research would conduct
assumptions tests to find out whether there are significant errors among the variables.
Besides that, the firms’ performance in this study is represented Tobin’s Q and ROE.
Empirical result shows the correlation between firms’ performance and ownership
structure in 7 industries.