| dc.description.abstract | This thesis has purpose to investigate how the ownership structure impact on
the performance and the role of managerial ownership of Vietnam manufacturing listed
firms in 2013 - 2022, especially the restructured economy period 2015 - 2021. Based
on the managerial ownership ratio, we aim to investigate the impact of each ownership
association on performance. The research utilized a detailed dataset consisting of 58
listed non-financial corporations on the Hanoi Stock Exchange and Ho Chi Minh Stock
Exchange. The data spans from 2013 to 2022 analysing used the system generalized
method of moment technique. Therefore, to ensure the validity of the data,
we exclude corporations that conflict with privacy requirements or that are under
special investigation by the State Securities Commission of Vietnam. Firms that have
insufficient information, lack the necessary financial data for establishing variability,
or exhibit unequal construction are also subjected to re-screening. The estimation
findings demonstrate that all three ownership structures have a significant impact. The
research recommends that Vietnamese listed companies should reduce state ownership
and increase foreign ownership to enhance their performance and inspire greater
confidence amongst investors | en_US |
