VNU Journal of Economics and Business, Vol 1, No 2 (2021) 69 80 69 Original Article Ownership Structure and Debt Financing Decision of Vietnamese Listed Companies Nguyen Hoang Thai1,*, Nguyen Hoang Thien Son2 1VNU University of Economics and Business, 144 Xuan Thuy, Cau Giay, Hanoi, Vietnam 2Country Road Group, 2/572 Swan St , Burnley VIC 3121, Australia Received 04 June 2021 Revised 02 August 2021; Accepted 25 August 2021 Abstract Raising capital not only helps firms to meets the capital needs[.]