Tài liệu Thư viện số

Danh mục TaiLieu.VN

Impact of Debt to Equity Ratio on Profitability of Construction Companies Listed on the Vietnam’s Stock Market

This study delved into the impact of debt to equity ratio on return on assets (ROA) and return on equity (ROE). The research data was collected from the financial statements of 73 construction companies listed on the Vietnam’s stock market during the period from 2008 to 2015. The research results showed that in listed construction companies, the debt to equity ratio negatively affects return on assets and return on equity. In addition, firm size, revenue growth rate and asset turnover ratio have negative impacts on ROA and ROE, while firm age has positive impact on both ROA and ROE.

Từ khóa: Finance accounting and Auditing, Debt to equity ratio, Listed construction companies, Return on assets (ROA), Return on equity (ROE), Shareholder’s equity

12 p tvs_dhktna 30/05/2023 13 0

Bình luận