The impact of leverage on firm investment - Evidence from listed companies on Ho Chi Minh stock exchange
dc.contributor.author | An, Nguyen Thien | |
dc.date.accessioned | 2017-04-12T19:29:52Z | |
dc.date.accessioned | 2018-06-12T07:42:46Z | |
dc.date.available | 2017-04-12T19:29:52Z | |
dc.date.available | 2018-06-12T07:42:46Z | |
dc.date.issued | 2015 | |
dc.identifier.other | 022002358 | |
dc.identifier.uri | http://10.8.20.7:8080/xmlui/handle/123456789/1676 | |
dc.description.abstract | With an empirical analysis of Vietnam market, the study attempts to determine the relationship between financial leverage and firm investment. The sample of balanced panel data is collected from Hochiminh Stock Exchange for the period 2009-2013, with 135 companies representing all industries. The findings from regression analysis prove the negative impact of leverage on firm investment. Furthermore, it also reveals the more intensive depressing effects of debt financing on firms with low growth opportunities compared to companies with high growth prospects. Key words: leverage, debt financing, investment, growth opportunities, SOE, soft budget constraint | en_US |
dc.description.sponsorship | MBA. Phan Ngoc Anh | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | HCMC - International University | en_US |
dc.relation.ispartofseries | ;022002358 | |
dc.subject | Management -- Investment | en_US |
dc.title | The impact of leverage on firm investment - Evidence from listed companies on Ho Chi Minh stock exchange | en_US |
dc.type | Thesis | en_US |