| dc.description.abstract | This thesis employs 146 listed companies on Ho Chi Minh Stock Exchange to measure the impact of ownership structure and Board characteristics on firm performance in the last 5 years 2014 - 2018. By using Cross-sectional time-series FGLS regression model, the empirical results show that foreign ownership has positive impacts on ROA and Tobin's Q indices. Meanwhile, the same positive effect on the performance of the company but board ownership just influences on ROA. Moreover, institutional ownership and Board independent both enhance Tobin’s Q. Educational attainment of members of the Board of Directors is also a noticeable issue in a country with a high degree of qualifications like Vietnam when the research has shown conflicting results between it and its performance. Leverage is also proven to be harmful and risky for companies and shareholders. The remain factors such as state ownership, Board size, women in Board and Board duality seem not to have any relevance to firm performance, which is inverse with several studies | en_US |
