Please use this identifier to cite or link to this item:
https://digital.lib.ueh.edu.vn/handle/UEH/71380
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DC Field | Value | Language |
---|---|---|
dc.contributor.advisor | Trần Hoài Nam | en_US |
dc.contributor.author | Trương Thị Kiều Diễm | en_US |
dc.contributor.other | Lê Phúc Anh Nguyên | en_US |
dc.date.accessioned | 2024-07-12T03:09:54Z | - |
dc.date.available | 2024-07-12T03:09:54Z | - |
dc.date.issued | 2023 | - |
dc.identifier.uri | https://digital.lib.ueh.edu.vn/handle/UEH/71380 | - |
dc.description.abstract | This research aims to understand the impact of free cash flow on firm performance. In addition, the authors include the effect of COVID-19 pandemic in the model to learn more about the differences between the two periods before and during the COVID-19 outbreak. Based on a 1648-observation panel dataset of 103 listed firms in Vietnamese manufacturing industry during the period from Q1-2018 to Q4-2021, the authors estimated the relationships using several economic techniques such as OLS and GLS regressions, Propensity Score Matching and Difference-in-Difference methods. The obtained results are thus robust to autocorrelation, heteroskedasticity and endogeneity issues. In particular, the authors found evidence of a positive impact between free cash flow and firm performance. Also, the COVID-19 outbreak has a negative impact on the performance of manufacturing firms in Vietnam. Finally, the authors found differential performance impacts of the COVID-19 between the two groups of large enterprises and SMEs, that is, the negative effect of pandemic is more profound in large firms rather than SMEs. The study has several management implications for companies and investors in making reasonable and appropriate decisions. | en_US |
dc.format.medium | 86 p. | en_US |
dc.language.iso | en | en_US |
dc.publisher | University of Economics Ho Chi Minh City | en_US |
dc.relation.ispartofseries | Giải thưởng Nhà nghiên cứu trẻ UEH 2023 | en_US |
dc.subject | Free cash flow | en_US |
dc.subject | COVID-19 | en_US |
dc.subject | Firm performance | en_US |
dc.subject | Manufacturing firms | en_US |
dc.title | Covid-19, free cash flow and firm performance: Evidence in Vietnamese manufacturing firms | en_US |
dc.type | Research Paper | en_US |
ueh.speciality | Tài chính – Ngân hàng – Chứng khoán – Kế toán – Kiểm toán, Bảo hiểm – Tín dụng | en_US |
ueh.award | Giải C | en_US |
item.languageiso639-1 | en | - |
item.cerifentitytype | Publications | - |
item.grantfulltext | reserved | - |
item.openairetype | Research Paper | - |
item.fulltext | Full texts | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
Appears in Collections: | Nhà nghiên cứu trẻ UEH |
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