Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange

Volume: 7 Number: 3 September 1, 2017
  • Le Minh Tai
International Journal of Economics and Financial Issues Cover
International Journal of Economics and Financial Issues
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Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange

Abstract

This study test the impact of financial markets development on capital structure of firms listed on Ho Chi Minh stock exchange (HOSE). Base on the financial data of 116 firms listed on HOSE, in the period from 2009 to 2015 and GLS regression method, this study shows that market capitalization is positive relationship with debt rate in capital structure, volume of shares traded is negative effect to debt rate in capital structure. Size of the Vietnamese commercial banking system and credit growth are negative relationship with debt rate in capital structure. Meanwhile, interest rates of commercial banks is not statistical significance.

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Primary Language

English

Subjects

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Journal Section

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Authors

Le Minh Tai This is me

Publication Date

September 1, 2017

Submission Date

September 1, 2017

Acceptance Date

-

Published in Issue

Year 2017 Volume: 7 Number: 3

IZ

https://izlik.org/JA28TJ87YT

Cite

RIS / Bibtex
APA
Tai, L. M. (2017). Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange. International Journal of Economics and Financial Issues, 7(3), 510-515. https://izlik.org/JA28TJ87YT
AMA
1.Tai LM. Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange. IJEFI. 2017;7(3):510-515. https://izlik.org/JA28TJ87YT
Chicago
Tai, Le Minh. 2017. “Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange”. International Journal of Economics and Financial Issues 7 (3): 510-15. https://izlik.org/JA28TJ87YT.
EndNote
Tai LM (September 1, 2017) Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange. International Journal of Economics and Financial Issues 7 3 510–515.
IEEE
[1]L. M. Tai, “Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange”, IJEFI, vol. 7, no. 3, pp. 510–515, Sept. 2017, [Online]. Available: https://izlik.org/JA28TJ87YT
ISNAD
Tai, Le Minh. “Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange”. International Journal of Economics and Financial Issues 7/3 (September 1, 2017): 510-515. https://izlik.org/JA28TJ87YT.
JAMA
1.Tai LM. Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange. IJEFI. 2017;7:510–515.
MLA
Tai, Le Minh. “Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange”. International Journal of Economics and Financial Issues, vol. 7, no. 3, Sept. 2017, pp. 510-5, https://izlik.org/JA28TJ87YT.
Vancouver
1.Le Minh Tai. Impact of the Financial Markets Development on Capital Structure of Firms Listed on Ho Chi Minh Stock Exchange. IJEFI [Internet]. 2017 Sep. 1;7(3):510-5. Available from: https://izlik.org/JA28TJ87YT