| dc.description.abstract | This study undertakes an empirical investigation to examine how access to finance
influences the growth of companies in Vietnam. To accomplish this, we utilized a
comprehensive dataset obtained from the World Bank's Enterprise Surveys, consisting of
detailed information at the enterprise level. Both subjective and objective measures of
access to finance were employed. The data used in this study encompasses a sample of
1000 firms located throughout Vietnam. The subjective measure was determined based
on the assessment of whether access to finance posed a significant obstacle to business
operations. The objective measure, on the other hand, evaluated whether firms faced
constraints in obtaining credit. The findings of the study indicate a noteworthy negative
impact of access to finance constraints on firm growth. Specifically, firms that were not
constrained in obtaining credit experienced faster growth compared to credit-constrained
firms. These results lend support to the notion that financing plays a crucial role in
facilitating firm growth and highlight the need for implementing adjustments to increase
financial accessibility for Vietnamese firms. | en_US |
