tailieunhanh - Do governance characteristics matter for firm performance evidence from Vietnam based on SGMM dynamic panel estimation
This paper investigates the impact of governance characteristics on financial performance of companies listed on Ho Chi Minh City Stock Exchange. By employing system generalized method of moments (SGMM) estimator and a panel dataset covering 152 firms over a period from 2011 to 2016, our results confirm that corporate governance characteristics, viz. the size of board and block-holder ownership, do affect firms’ financial performance in Vietnam. |
đang nạp các trang xem trước