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6 (2) 2016

The impact of capital structure choice on firm’s financial performance: An empirical analysis of delisted firms in Viet Nam


Author - Affiliation:
Nguyen Vinh Khuong - Nguyen Tat Thanh University , Vietnam
Dinh Thi Thu Thao - Nguyen Tat Thanh University , Vietnam
Corresponding author: Nguyen Vinh Khuong - khuongnguyenktkt@gmail.com

Abstract
The purpose of this study is to examine the impact of capital structure choice on firm’s financial performance delisted companies on the stock market. Based on the data collected from 80 companies delisted from Vietnam stock markets (HNX and HOSE) in the period from 2012 to 2015, using quantitative research methods, we find a correlation between the capital structure and the financial performance of the firms. The study results have some implications for investors and managers in making decisions to optimize their financial performance.


Keywords
Capital Structure; financial performance; delisted firms; stock market; Vietnam

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DOI: https://doi.org/10.46223/HCMCOUJS.econ.en.6.2.122.2016
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