the impact of capital account liberalization measures

... huge impact on the financial structure of the business, especially the loss of ability to pay, loss of business opportunities and obstacles of capital mobilization As a result, the analysis of capital ... Regarding the purpose of the study is quantifying the impact of capital structure on the performance of industrial listed on HNX, the regression model for panel data has been used The primary ... is the one that proffers a balance between the debt and equity thus minimizing the firm s cost of capital Theoretically, debt financing usually proffers the lowest cost of capital

Ngày tải lên: 11/01/2016, 07:58

... M&M theory, agency cost theory, trade-off theory, and market timing theory, we find that the agency cost hypothesis can explain well the impact of capital structure on firm performance Under the ... hypotheses 2.1 Literature review The capital structure of a firm refers to the combination of debt and equity capital which a firm uses in its operation [4] Capital structure theories explain the ... summary of statistics for the variables used in the study are provided in Table The average of the firm’s performance ROE for the sample over the period 2011-2017 is about 10.6% The average of leverage

Ngày tải lên: 16/01/2020, 13:21

... two accounting based measures of performance were used The first measure is the return on assets (ROA) which is calculated by taking the ratio of net profit of the firm to the total assets of the ... affect the Net Assets per Share of firms as the bulk of the shocks on the Net Assets per Share were received from Earnings per Share of the firms Ebaid (2009) investigates the impact of capital ... with the advantages of the one method offsetting the difficulties of the other and vice versa Razak and Aliahmed, (2008) examines the impact of an alternative ownership control structure of corporate

Ngày tải lên: 26/03/2020, 04:07

... The capital structure of a firm refers to the combination of debt and equity capital which a firm uses in its operation (Berk et al, 2012) Capital structure theories explain the mix of debt ... increases, the internal cash flow decreases and the demand for external funds grows Under the assumption that the internal capital market is a cheaper capital source than the external capital market, then ... Abor, The effect of capital structure on profitability: an empirical analysis of listed firms in Ghana, Journal of Risk Finance (2005) 438-447 [2] M Baker, J Wurgler, The Determinants of Capital

Ngày tải lên: 04/02/2021, 12:12

... explaining the choice of debt in relationship with firm profitability such as M&M theory, agency cost theory, trade-off theory, and market timing theory, we find that the agency cost hypothesis can ... summary of statistics for the variables used in the study are provided in Table The average of the firm’s performance ROE for the sample over the period 2011-2017 is about 10.6% The average of leverage ... At a low level of debt ratio, the positive effect of the tax shield dominates the negative effect of the financial distress cost The maximum capital structure can be calculated by the formula –b/2a

Ngày tải lên: 17/03/2021, 20:35

... another way, because of the asymmetrical development of capital mobilization and credit activities, the more mobilizing capital the banks get, the more inefficiency they perform Moreover, the ... performance of these banks, establishing the existential relationship between the choice of capital structure of firms and the return on equity owned.Quantitative analysis of this thesis uses ... Title The impact of capital structure on financial efficiency of Joint Stock Commercial Banks in Viet Nam Language English Instructor Long, Tran Kim The research presents the experiment on the impact

Ngày tải lên: 30/08/2021, 21:26

... performance of real estate firms listed on HOSE The article systematizes the theoretical issues of capital structure, the impact of capital structure on the performance of enterprises Therefore, the ... Thus, the core content of this theory is that the value of the levered firm is equal to the value of the nonlevered firm plus the present value of the tax shield minus the present cost of financial ... that affects the ability of shareholders to maximize profit, thereby maximizing the efficiency of the business Therefore, the impact of capital structure on business performance is of great interest

Ngày tải lên: 10/10/2022, 11:20

... institutions) The choice of which source of capital and the proportion of it greatly affects the business performance of the enterprise Therefore, the relationship between business performance and capital ... from the Vietnamese economy and the world, there are many different conclusions about the impact of capital structure on the performance of the company There are studies that suggest that capital ... in the sample Zuraidah Ahmad et al (2012) studied the impact of capital structure on the performance of unlisted public companies in Malaysia The sample consists of two main components of the

Ngày tải lên: 10/10/2022, 11:21

... Recognizing the importance of capital structure to the business success of banks in general, and commercial banks in particular As a result, the author decided to research "The Impact of Capital ... Capital Structure 12 2.2.2 Theories of Bank capital structure 13 2.2.3 Theories of Corporate capital structure 13 2.2.4 The impact of capital structure on bank performance ... MINISTRY OF EDUCATION STATE BANK OF VIETNAM AND TRAINING HOCHIMINH UNIVERSITY OF BANKING NGUYEN THI MINH NGUYET THE IMPACT OF CAPITAL STRUCTURE ON THE PERFORMANCE OF VIETNAMESE COMMERCIAL

Ngày tải lên: 27/11/2022, 20:35

... another way, because of the asymmetrical development of capital mobilization and credit activities, the more mobilizing capital the banks get, the more inefficiency they perform Moreover, the ... performance of these banks, establishing the existential relationship between the choice of capital structure of firms and the return on equity owned.Quantitative analysis of this thesis uses ... Title The impact of capital structure on financial efficiency of Joint Stock Commercial Banks in Viet Nam Language English Instructor Long, Tran Kim The research presents the experiment on the impact

Ngày tải lên: 07/01/2023, 09:49

... models to analyze the impact of various independent variables on the efficiency of business operations The dependent variable in the models is the return on assets (ROA), and the independent variables ... in the thesis are of clear origin and published following the law The research results, in theory, are my research and analysis, honestly, objectively, and by following the reality of Vietnam These ... and firm performance in the retail industry in Vietnam and provide evidence on the impact of capital structure on the development and success of companies in this sector The research topic utilizes

Ngày tải lên: 13/09/2023, 16:09

... Hypothesis 83 - vi - Abstract In this thesis, three closely related issues of capital account liberalization in China have been studied They are the order of capital account liberalization, the ... understand them more precisely This intrigues our interest of a study on this topic The reminder of the thesis is organized in the following manner Chapter discusses the theory of capital account liberalization ... set of macroeconomic indicators of China with those of other Asian and Latin American developing countries The capital accounts of these nations either are open or were once open The choice of...

Ngày tải lên: 02/10/2015, 12:56

... shortfall of capital relative to regulatory mandates) Bank regulation, capital and credit supply: Measuring the impact of prudential standards In a review of the literature on the impact of Basel I capital ... that the magnitude of the effect of time capital requirements on optimal capital buffers depends on the elasticity of the bank’s loan market In a similar way, we can evaluate the impact of higher ... evaluate the impact of the policy change Panel A of Table shows the impact of a single percentage point rise in capital requirements imposed in 2002, in terms of the percentage difference in the stock...

Ngày tải lên: 16/02/2014, 10:20

... the context of Vietnam along with the importance of working capital management calls for research on their impact on firms’ profitability In light of the above points, the general objective of ... time The level of permanent working capital depends on the business cycle as well as the growth of a firm Temporary working capital is the excess of working capital over the permanent working capital ... for the target populations Finally, the researcher present the limitations of the study, future research directions 5.1 Conclusions The object of this study is to examine the impact of working capital...

Ngày tải lên: 07/03/2014, 15:45

... Analysis of the relationship and the fluctuation of the items in the balance sheet accounts: 31 4.1.4 Analysis of the relationship and the changing situation of indicators in the profit ... the relationship between the accounts on the balance sheet accounting Task of analyzing the situation to capital business is to assess the volatility of assets and capital and the rationale of ... serve for the evaluation of performance and profitability of the business Therefore, the analysis of the profit and loss statement will bring an overview of business financial situation of the company...

Ngày tải lên: 13/03/2014, 14:20

... to the relatively robust definitions of ALRI, the measurement of exposure in the majority of these studies has relied on proxies, including the type of fuel used, stove type, exposure of the ... Addressing the Impact of Household Energy and Indoor Air Pollution on the Health of the Poor Implications for Policy Action and Intervention Measures | Review of the evidence for health effects There ... Addressing the Impact of Household Energy and Indoor Air Pollution on the Health of the Poor Implications for Policy Action and Intervention Measures Table of Contents Preface | Introduction of the...

Ngày tải lên: 15/03/2014, 16:20

... the impact of iv regulatory action and the effectiveness of the SEC, and academics interested in measuring the impact of accounting-related government regulation and the performance of cost of ... outlines the methodology I use to test the impact of SEC AAERs on a firm’s cost of equity capital including the development of the various cost of equity capital measures, Chapter reports results of ... Paralleling the impact of the announcement of an SEC investigation, the bookend event: closure of the investigation indicated by the issuance of an AAER, may also impact a firm’s cost of equity capital...

Ngày tải lên: 01/06/2014, 14:04

... and the audit on the cost of capital of the client firm I find that the cost of capital is inversely proportional to the length of the auditor tenure I also find that the client firms cost of capital ... cost of capital for the client firm (technical aspect of auditing) The third role of the audit indicates that the more financial resources the auditor has, the lower the cost of capital of the client ... of the cash pay of their BigX client counterparts, but they receive only 42% of the equity pay CEOs of non-BigX clients receive 42% of their compensation in the form of cash, while the CEOs of...

Ngày tải lên: 01/06/2014, 14:04

... Third, the rates of growth of real output and the stock of capital tend to be about the same, so that the ratio of capital to output shows no systematic trend Fourth, the rate of profit on capital ... should grow at the same rate as output and the stock of capital, which is the sum of past net investment The capital/ output ratio will therefore be constant “Most of the modern theory of economic ... predictions about how these variables inf luence the steady-state level of income The higher the rate of saving, the richer the country The higher the rate of population growth, the poorer the country”...

Ngày tải lên: 04/06/2014, 17:42

... assisted in the analysis and drafted the manuscript MH and TC assisted in the design of the study and in the drafting of the manuscript SL assisted in the conducting of interviews, analysis of the data ... The validation of the TRIM-Diabetes/Device followed the analyses as specified in the SAP However, since the factor analyses yielded slight differences from the hypothesized domains, some of the ... fully understand these impacts, the patient's perceptions of the impact of treatment on functioning and well-being must be identified and accurately assessed Defining these impacts should cross...

Ngày tải lên: 18/06/2014, 19:20