Please use this identifier to cite or link to this item:
|Title:||The effect of foreign ownership on firms’ performance : evidence from emerging Vietnam market||Authors:||Tanaja, Cheryl
Bach, Ngoc Van
Nguyen, Ngoc My Nhi
|Keywords:||DRNTU::Social sciences::Economic development::Vietnam||Issue Date:||2011||Abstract:||With globalization on the rise and emerging countries being the most attractive destinations for Foreign Direct Investment, it is becoming increasingly important to study the influence of such capital inflows on firm performance in these countries. This study takes into account 202 Vietnamese firms with data from the period 2007-2009 to examine the effect of foreign ownership on the firms’ performance, using Return on Assets as the internal indicator and Market to Book Value Ratio as the external indicator. The results from the regressions of firm performance against the level of foreign ownership suggest a positive influence of foreign ownership on Return on Assets. However, due to the special market conditions of the period 2007-2009, Market to Book Value ratio proved to be an unreliable measure of firm performance from the market’s point of view.||URI:||http://hdl.handle.net/10356/43922||Rights:||Nanyang Technological University||Fulltext Permission:||restricted||Fulltext Availability:||With Fulltext|
|Appears in Collections:||NBS Student Reports (FYP/IA/PA/PI)|
Items in DR-NTU are protected by copyright, with all rights reserved, unless otherwise indicated.