Does Financial Leverage Fit Firm Performance During the COVID-19 Pandemic: Evidence From Vietnam
Quoc Trung Nguyen Kim
Additional contact information
Quoc Trung Nguyen Kim: University of Finance - Marketing, Vietnam
International Journal of Asian Business and Information Management (IJABIM), 2022, vol. 13, issue 1, 1-20
Abstract:
The paper aims to determine the effect of financial leverage on the performance of Vietnamese small and medium enterprises during the COVID-19 pandemic. Based on the agency theory and pecking order theory, combined with the quantitative method, the financial leverage and COVID-19 are statistically significant factors affecting the performance of small and medium enterprises in Vietnam. Significantly, the author emphasizes that financial leverage has a positive effect on the performance during the pandemic. Furthermore, there is the existence of homoscedasticity and no-autocorrelation in the model when using feasible general least squares. It confirms that the model estimation is unbiased and reliable.
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJABIM.309103 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:igg:jabim0:v:13:y:2022:i:1:p:1-20
Access Statistics for this article
International Journal of Asian Business and Information Management (IJABIM) is currently edited by Patricia Ordóñez de Pablos
More articles in International Journal of Asian Business and Information Management (IJABIM) from IGI Global
Bibliographic data for series maintained by Journal Editor ().