Tạp chí Học viện Tài chính xuất bản
Duyệt Tạp chí Học viện Tài chính xuất bản theo Chủ đề "Activity"
- Ấn phẩmThe dynamics of board of directors and capital structure choices - Empirical evidence from the Vietnamese market(Học viện Tài chính, 2023) Nguyen Van Chien PhDThe purpose of the study is to evaluate the impact of the activity of the Board of Directors on the choice of capital structure of enterprises listed on the Vietnamese stock market in the period 2008 to 2020. The study uses panel data regression method, and evaluates the endogeneity in the estimate, the research results suggest that the dynamics of the board of directors helps the enterprise prioritize the use of funding from equity. Similarly, enterprises with a higher level in board independence, financial performance and liquidity often choose equity financing over debt.
