THE FACTORS EFFECT TO THE FINANCIAL EFFICIENCY OF FDI (FOREIGN DIRECT INVESTMENT) ENTERPRISES LOCATED IN HO CHI MINH CITY-VIET NAM
Journal Title: Asian Economic and Financial Review - Year 2013, Vol 3, Issue 6
Abstract
This paper is to examine and evaluate the operational efficiency at the enterprises that have foreign investment at HCMC in the stage 2007-2011. The research also evaluates the factors that effect to financial effect, especially for using BEP ratios-Basis Earning Power (EBIT to the total assets) to measure the financial effect, because FDI enterprises normal get the incentive for differently corporate income tax in Viet Nam. The research results show that there are six factors affecting to financial performance including in: turnover, capital owners (Equity), long term debt to total asset, tangible assets to turnover, sales expensive to turnover and the management expensive to turnover. From that point, the authors also have petitioned that is to enhance performance and management enterprises as well as improvement the investment policy of Ho Chi Minh City (HCMC)
Authors and Affiliations
Nguyen Ngoc Diep| College of Technique and Industrial Management (CTIM), Tan Phu Ward, Ho Chi Minh City, Viet Nam, Nguyen Anh Phong| Faculty of Finance and Banking, University of Economics and Law Linh Xuan Ward, Ho Chi Minh City, Viet Nam
Keywords
Related Articles
- EP ID EP1919
- DOI -
- Views 434
- Downloads 63
AN ERROR CORRECTION REPRESENTATION OF MARKET LIQUIDITY – ECONOMIC GROWTH NEXUS IN NIGERIA: A RECENT EXPERIENCE
The study examines the relationship between market liquidity and economic growth in Nigeria over the period of 1987-2012 using time series data. The starting point of our analysis was to check for the time series propert...
THE CHANGES AND TRENDS IN URBAN LAND PRICES: AN APPLICATION OF HIERARCHICAL GROWTH MODELLING
Urban land prices often changes over time; thus, they are a form of longitudinal data or nested structure. This study uses the growth model in hierarchical linear modelling (HLM) to discuss factors affecting the change i...
TOWARD A STRONG CHINESE ECONOMY
How to keep Chinese economy’s high growth rate in a long run toward the fully modernized era of China is the major topic of this paper. This letter will develop some theories as a guidance of Chinese economic reforms and...
A STUDY ON TAIWAN’S BOND MARKET INTEGRITY AND MARKET TIMING ABILITY - BASED ON THE ARMAX-GARCH MODEL
Due to the market’s integrity and lack of liquidity of Taiwan’s bond market, a bond manager finds it difficult to flexibly adjust portfolio allocation and systemic risk. No matter in the T-M model, T-M ARMAX-GARCH model,...
THE CAUSALITY BETWEEN INCOME INEQUALITY AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM THE MIDDLE EAST AND NORTH AFRICA REGION
This paper explores the causality problem between income inequality and economic growth for 9 countries of Middle East and North Africa (MENA) region for the period ranging from 1960 to 2011. In this study, we applied th...