The effect of corporate governance on firm profitability - Case evidences in Vietnam

Abstract

Recently, the corporate governances has been the important roles to control firm’s operation, especially firm’s profitability. To be more specific, in Vietnam, a few firms cannot show directly the association between corporate governance characteristics and firm’s profitability. Therefore, the objective of this evidence is that it can find out the impact of the factors of corporate governance on the profitability of companies in Vietnam. There are exactly 161 firms can conduct for this study. The panel regression model can conclude the result of this evidence. To summarize, the final result can demonstrate that the profit of the enterprise has a positive relationship with the numbers of female directors working in BOD of Vietnamese organization and the profit of the company in Vietnam is negatively connected with the rate of held shared by directors