Corporate restructuring is likely to be approached from various aspects. In this paper and in the context of Vietnam, it is inspected via asset restructuring. Using both financial and non-financial indicators of 226 listed firms on Hochiminh Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX) over the 2007–2014 period, this paper investigates: (i) the determinants of corporate restructuring in Vietnam; and (ii) the effects of corporate restructuring on corporate performance. Empirical findings show that: (i) the fact that an enterprise conducts its restructuring plans primarily depends on its performance, and ownership concentration has a negative impact on the process of restructuring; (ii) a board with the presence of outside directors has positive and statistically significant effects on the performance of the firm, and foreign holdings lead to subsequent performance improvement.
|APA||Thanh, S. D. (2016). Corporate restructuring in Vietnam: an analysis of asset restructuring. (Journal Article). http://digital.lib.ueh.edu.vn/handle/UEH/55276|
|MLA||Su Dinh Thanh. Corporate restructuring in Vietnam: an analysis of asset restructuring. 2016. Trường Đại học Kinh tế Tp. Hồ Chí Minh. Journal Article. http://digital.lib.ueh.edu.vn/handle/UEH/55276|
|Chicago||Su Dinh Thanh. "Corporate restructuring in Vietnam: an analysis of asset restructuring. "(Journal Article, Trường Đại học Kinh tế Tp. Hồ Chí Minh, 2016)|