TAILIEUCHUNG - Determinants influencing the profitability of listed food processing firms in Vietnam

This research is conducted to evaluate the determinants influencing the profitability of the food-processing firms in Vietnam. Data was collected from audited financial statements from the food-processing firms listed on the Vietnam Stock Exchange from 2012 to 2018 and panel regression model was used in the research (PLS). | Determinants influencing the profitability of listed food processing firms in Vietnam Accounting 6 2020 441 452 Contents lists available at GrowingScience Accounting homepage ac Determinants influencing the profitability of listed food processing firms in Vietnam Huy Quang Buia Duc Viet Nguyena Do Duc Manh Trana Phuong Thao Hoangb Minh Huong Phamb Manh Dung Tranc and Huy Nhuong Buic aAdvanced Finance 59 National Economics University Vietnam bAdvanced Accounting 59 National Economics University Vietnam cNational Economics University Vietnam CHRONICLE ABSTRACT Article history This research is conducted to evaluate the determinants influencing the profitability of the food- Received March 31 2020 processing firms in Vietnam. Data was collected from audited financial statements from the food- Received in revised format March processing firms listed on the Vietnam Stock Exchange from 2012 to 2018 and panel regression model 31 2020 was used in the research PLS . We selected the methods of testing the model s defects. The testing Accepted April 23 2020 Available online methods employed in this study were Pearson model Hausman model especially the relationship April 23 2020 between FEM and REM Modified Wald Test Wooldridge test for autocorrelation in panel data and Keywords lastly Multicollinearity test based on VIF coefficient. The results indicate that Total-Debt-to Total- Determinants Equity and Long-term-Debt TDTELT had positive influence on profitability. However Debt Ratio Profitability DR Short-term Debt Ratio SDR Long-term Debt Ratio LDR had negative impacts. Fixed Assets Food processing firms to Total Assets FATA and Firm size SIZE impact Return on Assets ROA without statistical ROA significance. Vietnam 2020 by the authors licensee Growing Science Canada 1. Introduction The factors influencing the performance of firms have attracted numerous attention and research of scholars in the field of corporate finance for decades. The .

• Kế toán - Kiểm toán
• Food processing firms
• Audited financial statements
• Vietnam Stock Exchange
• Panel regression model
• Long term Debt