Thạc Sĩ Capital Structure and Firm Performance. Case Study: Listed Companies in Hochiminh Stock Exchange - 2

TABLE OF CONTENTS
ACKNOWLEDGEMENT .i
ABSTRACT ii
TABLE OF CONTENTS iii
LIST OF FIGURES .v
LIST OF TABLES vi
ABBREVIATIONS . vii
CHAPTER 1: INTRODUCTION 1
1.1 BACKGROUND 1
1.2 RESEARCH PROBLEMS . 3
1.3 RESEARCH OBJECTIVES . 4
1.4 RESEARCH METHODOLOGY AND SCOPE 5
1.5 STRUCTURE OF THE STUDY 5
CHAPTER 2: LITERATURE REVIEW 7
2.1 INTRODUCTION 7
2.2 CAPITAL STRUCTURE . 7
2.3 FIRM PERFORMANCE 11
2.4 HYPOTHESIS AND EMPIRICAL MODEL 12
2.4.1. Model 1: The Leverage Model . 12
2.4.2. Model 2: The Firm Value Model . 15
CHAPTER 3: RESEARCH DESIGN 18
3.1 INTRODUCTION 18
3.2 DATA . 18
3.3 RESEARCH DESIGN 18
3.3.1. Research Sample 19
3.3.2. Data Analysis Method 20
3.4 VARIABLES MEASUREMENT FOR MODEL 1 . 20
3.4.1. Dependent Variables 20
3.4.2. Independent Variables 21
3.5 VARIABLES MEASUREMENT FOR MODEL 2 . 21
3.5.1. Dependent Variables 21
3.5.2. Independent Variables 22
3.6 FRAMEWORK OF THE STUDY . 23
3.7 SUMMARY . . 24
CHAPTER 4: EMPIRICAL RESULTS OF THE RESEARCH . 25
4.1 INTRODUCTION 25
4.2 CHARACTERISTICS OF RESEARCH SAMPLES . 25
4.3 DESCRIPTIVE STATISTICS . 26
4.4 REGRESSION ANALYSIS . 29
4.4.1. Model 1: The Leverage Model . 29
4.4.2. Model 2: The Firm Value Model . 32
CHAPTER 5: CONCLUSIONS, RECOMMENDATIONS AND LIMITATIONS 38
5.1 INTRODUCTION 38
5.2 CONCLUSIONS 38
iii
5.3 RECOMMENDATIONS . . 39
5.4 LIMITATIONS 40
REFERENCES 41
APPENDIX A . 44
APPENDIX B . 45
APPENDIX C . 51