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The Productivity and Efficiency of Vietnamese Securities Firms, 2009 to 2017

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  • My Tran
  • Malcolm Abbott

Abstract

This paper provides an examination of the impact of size, regulation and ownership structure on the productivity and efficiency of 53 securities firms in Vietnam in the years 2009 to 2017. The results show that the size of the firms and regulation has an impact on the performance of the firms. Foreign ownership also has a significant negative correlation with the firms’ efficiency, while majority ownership by domestic Vietnamese, individual shareholders (as opposed to ownership by institutional shareholders) has a positive impact. In contrast, there is no significant correlation between ownership by banks and the productive efficiency of the firms.

Suggested Citation

  • My Tran & Malcolm Abbott, 2020. "The Productivity and Efficiency of Vietnamese Securities Firms, 2009 to 2017," Applied Economics and Finance, Redfame publishing, vol. 7(4), pages 101-111, July.
    • Handle: RePEc:rfa:aefjnl:v:7:y:2020:i:4:p:101-111
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    References listed on IDEAS

    as
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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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