• ISSN: 2301-3567 (Print)
    • Frequency: Quarterly (2013-2014); Monthly (2015-2017); Quarterly (Since 2018)
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Mia Hu
    • Abstracting/ Indexing:  Electronic Journals Library, Ulrich's Periodicals Directory, MESLibrary, Google Scholar, and Crossref.
    • E-mail: joebm@ejournal.net
JOEBM 2019 Vol.7(1): 29-34 ISSN: 2301-3567
DOI: 10.18178/joebm.2019.7.1.576

An Assessment of Factors Affecting Business Efficiency of Fishery Enterprises Listed on Vietnamese Stock Market

Nguyen Thi Thanh Nhan
Abstract— The study is to identify factors affecting business performance of fishery enterprises listed on Vietnamese stock market. The study was based on panel data sample collected from annual report of 20 companies listed on the stock market, ensuring continuous data from 2007 to 2017 through three regression methods (Pooled OLS, FEM and REM). The results show that business performance of listed fishery enterprises is influenced by 4 factors including fixed asset investment ratio, capital structure, inventory management and the speed of capital circulation. To improve business efficiency, enterprises should aim at reducing inventory cost, ordering goods cost, using reasonable capital structure, sharing machinery and equipment to reduce the pressure on investment in fixed asset and accelerate working capital circulation.

Index Terms— Equity yield, financial structure, fixed asset investment, inventory turnover.

The author is with Department of Science and Technology, Haiphong University, Haiphong, Vietnam (e-mail: nhanntt@dhhp.edu.vn).

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Cite: Nguyen Thi Thanh Nhan, "An Assessment of Factors Affecting Business Efficiency of Fishery Enterprises Listed on Vietnamese Stock Market," Journal of Economics, Business and Management vol. 7, no.1, pp. 29-34, 2019.

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