Impact of Capital Structure and Cash Holdings on Firm Value: Case of Firms Listed on the Ho Chi Minh Stock Exchange

Nguyen Minh HA; Le Minh TAİ

Makale detayları

Impact of Capital Structure and Cash Holdings on Firm Value: Case of Firms Listed on the Ho Chi Minh Stock Exchange

Yazarlar:

Nguyen Minh HA | Le Minh TAİ

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 1, pp.24-30

Belge Tipi:

Makale

Yayın Tarihi:

2/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811992

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

This study analyses the impact of capital structure on cash holdings and the impact of capital structure and cash holdings on the value of firms listed on the Ho Chi Minh Stock Exchange (HOSE). With data from the financial statements of 105 firms listed on HOSE since 2009 – 2014 and using the GLS method, results show that cash holdings are positively related to the firm value; short - term debt is negatively related to firm value; the impact of long - term debt on the firm value is not statistically significant; short and long - term debt are negatively related to cash holdings.

Makale detayları

Impact of Capital Structure and Cash Holdings on Firm Value: Case of Firms Listed on the Ho Chi Minh Stock Exchange

Yazarlar: Nguyen Minh HA | Le Minh TAİ

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2017 Vol.7 Issue 1, pp.24-30

Belge Tipi: Makale

Yayın Tarihi: 2/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000811992

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Nguyen Minh HA | Le Minh TAİ

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 1, pp.24-30

Belge Tipi:

Makale

Yayın Tarihi:

2/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811992

Sıklık:

İki Aylık

eISSN:

2146-4138