dc.description.abstract | The study's goal is to investigate the factors that significantly affect publicly traded
Vietnamese manufacturing companies. Using a Fixed-effect model with Driscoll-Kraay standard
errors, this study empirically examines the relationship between Financial Leverage (FL) and the
independent and control variables of Value-Added Intellectual Capital, Firm Age, Liquidity, and
Profitability rate among a sample of 34 Vietnamese manufacturing firms from 2017 to 2021. This
study discovered a negative correlation between financial leverage and intellectual capital
returns. Liquidity, Profitability, and Capital Structure all have strong positive correlations.
Policymakers in Vietnam will be able to make informed decisions about the future of the
manufacturing industry thanks to the insights gained from this study, which will also help financial
managers better prioritize internal issues to boost profitability and the public's estimation of
intellectual capital. | en_US |