dc.description.abstract | The article studies the relationship between free cash flow and performance of food joint
stock companies listed on Ho Chi Minh Stock Exchange (HOSE) and Ha Noi Stock Exchange
(HNX).
Using data from the financial statements of 30 companies in the food industry for the period
2015-2021, the study analyzes the effects of free cash flow and several other factors on the
company's performance. Research results with FEM and REM models show that free cash flow
(FCF) has a positive impact on operating efficiency. Besides, the study also shows the impact of
factors such as Growth rate (GROWTH), Asset turnover ratio (ASST), Operating expense ratio
(OPER), Debt ratio (DA), Firm size (SIZE) on firm performance. | en_US |