The impact of financial leverage on the profitability of real estate companies: A study from Vietnam stock exchange

Công Văn Nguyến · Thi Ngoc Lan Nguyen · Thi Thu Phong Tran · Thi Tha Nghiem

33 citations0/0 files storedManagement Science Letters

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Financial Analysis and Corporate Governance Corporate Finance and Governance Working Capital and Financial Performance

Abstract

Using financial leverage (FL) has a great influence on business performance of enterprises.Therefore, the determination of the impact of FL on the profitability of enterprises helps to create synchronous solutions to improve operational efficiency of enterprises which is very important and necessary.This study aims to identify the impact of FL on Return On Assets (ROA), Return On Equity (ROE), Return On Sales (ROS), and Return On Capital Employed (ROCE).The study is conducted based on the data collected from 58 real estate firms listed in Vietnam Stock Exchange with 464 observations.The study also uses quantitative method combined with multivariable regression models to examine the hypotheses of the survey with the help of the EVIEW 11.0 software.Research results indicate that FL has no impact on ROS and ROCE while it has a negative impact on ROA and a positive impact on ROE.In accordance with the research findings, the authors propose specific recommendations and solutions to improve profitability in the real estate companies listed on Vietnam's stock exchange.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Imported from OpenAlex (CC0) — nothing here is generated.