TAILIEUCHUNG - Risk attitude and corporate investment under output market uncertainty: Evidence from the mekong river delta, Vietnam

Risk attitude and corporate investment under output market uncertainty: Evidence from the mekong river delta, Vietnam. This paper aims to detect the impact of firm managers’ risk attitude on the relationship between the degree of output market uncertainty and firm investment. | Journal of Economics and Development, , , August 2016, pp. 59-70 ISSN 1859 0020 Risk Attitude and Corporate Investment under Output Market Uncertainty: Evidence from The Mekong River Delta, Vietnam Le Khuong Ninh Can Tho University, Vietnam Email: lekhuongninh@ Le Tan Nghiem Can Tho University, Vietnam Email: letannghiem@ Huynh Huu Tho Can Tho University, Vietnam Email: huynhhuuthoct@ Abstract This paper aims to detect the impact of firm managers’ risk attitude on the relationship between the degree of output market uncertainty and firm investment. The findings show that there is a negative relationship between these two aspects for risk-averse managers while there is a positive relationship for risk-loving ones, since they have different utility functions. Based on the findings, this paper proposes recommendations for firm managers to take into account when making investment decisions and long-term business strategies as well. Keywords: Competition; corruption; investment; market uncertainty; risk attitude. Journal of Economics and Development 59 Vol. 18, , August 2016 1. Introduction structured as follows. Section 1 introduces the paper. Section 2 gives a review of the related literature. Section 3 defines the empirical model out of the literature reviewed. Section 4 discusses the findings using a set of primary data on 667 non-state firms in the MRD. Section 6 concludes the paper and renders recommendations. Investment is crucial to the development of firms since it helps enhance product quality and increase market share. Thus, good investment decisions will raise firms’ efficiency and then trigger economic growth (Maki et al., 2005). However, making right investment decisions is basically difficult, due to the output market uncertainty facing firm managers, among others (., competition and financing constraints). 2. Literature review When making investment decisions, firm managers do face output market .

• Quỹ đầu tư
• Risk attitude
• Corporate investment under output
• Market uncertainty
• Evidence from the mekong
• River delta Vietnam
• availability heuristic
• risk culture
• national culture
• risk management
• Emotional Literacy
• managing risk attitude
• Sciences and humanities
• Human factors affecting
• The Malaysian construction industry
• Construction risk management
• Contractor’s risk attitude
• strategy demands
• disproportionately burdened
• attitude or orientation
• Education
• Secondary School
• Credit and Independence
• Vietnamese consumers’
• Risks in online shopping
• Perceived risk
• Online shopping attitude
• Purchase intention
• Quality of life
• External circumstances
• Risk factors
• Wearing sunglasses
• Safety glasses
• Portuguese School (Adolescent)
• College Students
• Knowledge
• Attitude
• Behavior
• Practice
• The factors impact on the service quality
• People’s credit funds
• The case of Mekong Delta River in Vietnam
• Mekong Delta River
• The service quality of PCFs
• Investing in the mekong river delta of Vietnam
• The opportunity for small and medium enterprises of Korea
• Small and medium enterprises
• The Mekong Delta of Vietnam
• Korea’s foreign direct investment
• Diversity of fish in Hau river
• Fish biodiversity
• Hau River
• Species compositions
• The Mekong delta
• Fish composition recorded at the midstream
• Paleo geography
• Sedimentary facies
• Mekong river Delta
• Surrouding shallow offshore
• Subaqueous delta plain
• Vietnam Journal of Earth Sciences
• High arsenic concentration in groundwater related to sedimentary facies
• The Mekong River Delta
• High arsenic concentration
• AOAC laboratory Vietnamese standard
• New rice varieties adapted
• Climate change
• The Mekong River Delta of Vietnam
• Gene introgression
• Marker assisted selection
• Delta region
• Regression analysis
• Suspended sediment
• Detect suspended sediment in delta region
• Potential use of satellite observations
• Doctoral thesis summary
• Education management
• Developing community learning centres
• The red river delta in the early phase
• Building a learning society
• Tạp chí Khoa học
• Khoa học trái đất và môi trường
• Salt water
• Intrusion mechanism
• Red River Delta
• Fresh groundwater
• Remote sensing for monitoring surface water quality
• The Vietnamese mekong delta
• The application for estimating chemical oxygen demand
• River reaches in Binh Dai
• Late Pleistocene Holocene sequence stratigraphy
• The subaqueous Red River delta
• The adjacent shelf
• The sequence boundary
• The global sea level change
• Global value chains
• Market access
• Vietnam’s agricultural sector
• Sustainable rural economic growth
• Small scale farmers
• Quality management
• Land use change
• Rural households
• The red river delta
• Extreme weather phe nomena
• Climate smart villages
• Land use planning
• The Vietnamese Mekong River Delta
• Tra Hat hamlet
• Integrating indigenous knowledge
• Groundwater 14C age
• Saline pore water migration
• Salt intrusion
• WWater stable isotopic composition
• Energy development
• Air pollution
• Energy sector
• Green or grey
• Sustainable development
• Energy sector industrialisation in the MD
• Tourism human resources
• The Red river delta and the northeast coast
• The 4th industrial revolution
• Northeast coast
• Challenges towards tourism’s labor
• Incised valley
• Mekong River
• Mekong delta area
• Holocene evolution
• Paleo Mekong incised valley
• Dynamics of red river delta
• Natural resources management
• Natural resource exploitation
• The mangroves
• Journal of Vietnam Agricultural Science and Technology
• Tạp chí Khoa học Công nghệ Nông nghiệp Việt Nam
• Phomopsis Asparagi
• Asparagus (Asparagus officinalis L )
• Bacilus Thuringgiensis
• Five reductions
• One must do
• Rice production
• Technology adoption
• Crop production
• Groundwater extraction
• Subsurface modelling
• Vietnam Mekong delta
• Mekong river system
• Pre existing deposits
• môi trường
• tự nhiên
• hiện tượng tự nhiên
• lũ lụt
• rừng
• rừng ngập nước
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• lâm nghiệp