Insights from fund management companies in Vietnam: Evidence from financial reports
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Từ khóa:
Fund management companies
Firm profitability
Determinants of firm performance
Vietnam
Tóm tắt
This paper provides new evidence on fund industry in Vietnam, specifically the profitability and firm characteristics of a company which manages funds. Using hand-collected company information for fund management companies (FMCs), the study shows that FMCs generated a high growth in profitability and revenue from 2014 to 2020. The paper also contributes to the fund management literature by explaining cross-sectional variation in profitability. The research finds that size is the key determinant of FMCs’ profitability, where larger FMCs generate significantly higher profitability. In addition, Vietnamese FMCs have a very high liquidity ratio, a low proportion of fixed assets and a small debt ratio.
Tài liệu tham khảo
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Dec 31, 2022
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Cách trích dẫn
Nguyen Quang Minh Nhi. “Insights from Fund Management Companies in Vietnam: Evidence from Financial Reports”. Tạp Chí Khoa học Và Công nghệ - Đại học Đà Nẵng, vol 20, số p.h 12.1, Tháng Chạp 2022, tr 86-91, doi:10.31130/ud-jst.2022.201E.
