Affecting analysis of business risk factors to profitability of construction companies in Vietnam

Tóm tắt

Risk management in the construction sector in Vietnam has received much research attention in recent years. However, in-depth studies on the impact of business risk factors on the financial performance of domestic construction enterprises are still limited. This study focuses on measuring and analyzing the impact of business risk factors on the profitability of construction enterprises in Vietnam in recent years. Multivariate linear regression method is used to measure the impact of business risk factors based on the financial statement data set of 60 medium and large construction enterprises listed on the Vietnamese stock market from 2018 to 2023. The research results show that enterprises with better risk management capabilities often achieve higher financial performance. The study proposes a number of solutions to improve profitability through multidimensional risk identification and management, helping businesses develop effective response strategies and thereby optimize profits.