Open AccessState ownership, institutional ownership, and goodwill: Empirical research on listed firms in Ho Chi Minh Stock Exchange
Author(s) -
Tien Manh Pham,
Thi Anh Dao Pham,
Chau Giang Tran
Publication year - 2022
Publication title -
tạp chí khoa học và công nghệ việt nam (b, online) (vietnam journal of science and technology - most)/tạp chí khoa học và công nghệ việt nam (điện tử)/tạp chí khoa học và công nghệ việt nam (b, print) (vietnam journal of science and technology - most)
Language(s) - English
Resource type - Journals
eISSN - 2615-9759
pISSN - 1859-4794
DOI - 10.31276/vjst.64(4).14-17
Subject(s) - goodwill , business , stock exchange , leverage (statistics) , ho chi minh , accounting , state owned , finance , demographic economics , economics , market economy , machine learning , low income , computer science
The purpose of this study is to determine factors affecting enterprise goodwill by using the population of 221 companies listed in the Ho Chi Minh Stock Exchange (HOSE) in the period 2011-2020. Therefore, suggestions are made to help investors evaluate the enterprise goodwill before giving any investment decisions. The result shows that the state ownership, the number of board members, and fixed assets have an effect on enterprise goodwill; institutional ownership, financial leverage, ROA, and ROE have no effect on enterprise goodwill.