Factors Affecting the Business Efficiency of Enterprises Under the Vietnam General Department of Defence Industry
Submission to VIJ 2024-09-15
Keywords
- business efficiency, General Department of Defense Industry enterprises, operational capacity
Copyright (c) 2024 Luong Hoang Giang
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
Enterprises under the General Department of Defense Industry (GDDI) play an important role in the defense industry of Vietnam, yet so far their business operations has had low efficiency. Therefore, it is necessary to clarify the factors affecting the business efficiency of GDDI enterprises, thereby having timely solutions for the new political and economic situation of the country. Previous studies have only focused on individual GDDI enterprises of different scale and resources and haven't been able to come up with a systemic solution. This article fills the gaps of previous studies by identifying factors affecting the business efficiency of GDDI enterprises between 2016 and 2021. By using quantitative research and linear regression model, the author identified factors affecting the business efficiency of GDDI enterprises and gave recommendations of financial solutions to improve business efficiency for these enterprises.
References
- Brigham, E.F and Houston J. F (2009). Financial management, Cengage learning.
- Edward.I.Altman (1968), “The Z scores bankruptcy Model: Past, Present and Future”
- Edward.I.Altman (1977), “The use of credit scoring model and Imp of a credit culture”.
- Edward.I. AltmanGrice và Ingram (2001), “Verify the suitability of the Z-score
- model in the risk forecasts of the business”
- Fabozzi, Frank (2003), Financial management and analysis-2nd.
- Frazier, K.B, Ingram, R.W and Tennyson B.M. (1984). A methodology for the analysis of narrative accounting disclosures, Journal of accounting research.
- Gibson, C.H (2001), Finacial reporting and analysis, South- Western college Pub- Finence statement.
- Guenther D.A (2004), Finacial reporting and analysis, Mc Graw Hill - Bussiness and economics.
- Hayes &etc (2010), “Applying the Z-score index in the risk assessment for bankruptcy of retail businesses in the U.S”.
- Hawkins, D.F (1998), Coporate finacial reporting and analysis, R.R. Donnelley & Sons Company, United States of America.
- I.M Pandey (2001), Capital Structure and the Frim Character-stics: Evidence from and Emerging Market, IIMA Working Paper, No. 2001-10-04.
- Josette Peyrard (Translator: Do Van Than) (2008). Corporate Finance Analysis, Ho Chi Minh City General Publishing House
- K.R Subramanyam. John J.Wild (2009), Tenth Edition Financial Statements Analysis, McGraw.Hill International Edition.
- Leopold A Bernstein (1989), Financial statement analysis: Theory, application and interpretation, 6th Edition.
- Martin Fridson Ferrando Alvarer, Financial Statement Analysis: A Practitioner's Guide (1991).
- N.R.Revathi (2010), Finacial analysis with reference to Tancem, Project report to Master of Business Administration.
- Nguyen Thanh Cuong, Pham The Anh (2010), “Evaluating bankruptcy risk of seafood processing enterprises currently listed on the Vietnam stock market”.
- Pedro Juan Garcia, Pedro Martinez (2007), Effects of working capital management on SME prof-itability, International Journal of Managerial Finance, Vol.3 Iss:2
- Peyrard, J. (1994), Corporate Finance Management, Statistical Publishing House, Hanoi.
- Peyrard, J. (2005), Corporate Finance Analysis, Ho Chi Minh City General Publishing House.
- R.Zeitun and G.G Tian (2007). Capital structure and cor-porate performance: evidence from Jordan, Australasian Accounting Business and Finance Journal.