期刊名称：International Research Journal of Finance and Economics
印刷版ISSN：1450-2887
电子版ISSN：1450-2887
出版年度：2018
期号：166
出版社：European Journals Inc.
摘要：This paper examines the impact of state capital factor on the operational effectiveness of listed companies on HOSE through ROA and ROE within the financial years of 2015, with 244 listed companies on HOSE except for banks, financial entities and insurance companies. The independent variables used in this research are state capital ratio and dependent variables with positive impact are ROA and ROE. And a comparison with foreign capital factor is found. The findings show that the operational effectiveness of companies which have state capitals is higher than those that are not state-funded and those are foreign-funded. This partially testifies for studies on operational effectiveness of State-Owned Enterprises (SOE) in Vietnam and thus, suggests reasons and solutions for improvement.
