Analyze the Determinants of Capital Structure for Vietnamese Real Estate Listed Companies
Nguyen Thi Phuong Nhung,
Nguyen Phuong Lien and
Dang Thi Thu Hang
Additional contact information
Nguyen Thi Phuong Nhung: Faculty of Economics & Commerce - Hoa Sen University, Ho Chi Minh City, Vietnam,
Nguyen Phuong Lien: Faculty of Economics & Commerce - Hoa Sen University, Ho Chi Minh City, Vietnam,
Dang Thi Thu Hang: Faculty of Economics & Commerce - Hoa Sen University, Ho Chi Minh City, Vietnam.
International Journal of Economics and Financial Issues, 2017, vol. 7, issue 4, 270-282
This study adopts a two-step system general method of moments approach towards investigating the determinants of capital structure for the listed real estate firms on Ho Chi Minh stock exchange in Vietnam from 2010 to 2015. The determinants of capital structure are mixed and different for short-term and long-term indicators. The real estate firms tend to use more debts to finance their investment. Vietnamese real estate firms should focus on balance structure debt due to complicated impacts of the determinants to their capital structure. There are some implications for the real estate companies and policy of the government that are based on the empirical results.
Keywords: Determinants of Capital Structure; Real Estate Company; General Method of Moments (search for similar items in EconPapers)
JEL-codes: G32 R3 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2017-04-36
Access Statistics for this article
International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk
More articles in International Journal of Economics and Financial Issues from Econjournals
Series data maintained by Ilhan Ozturk ().