Corporate Restructuring in Vietnam: An Analysis of Asset Restructuring

2016 ◽  
Vol 23 (3) ◽  
pp. 02-35
Author(s):  
DOAN VU NGUYEN ◽  
BUI THANH TRUNG ◽  
SU DINH THANH
Keyword(s):  
Corporate Restructuring ◽  
Asset Restructuring

scholarly journals Corporate Restructuring in Vietnam: An Analysis of Asset Restructuring

2016 ◽  
Vol 23 (03) ◽  
pp. 02-35
Author(s):  
Thanh Su Dinh ◽  
Nguyen Doan Vu ◽  
Trung Bui Thanh
Keyword(s):  
Performance Improvement ◽  
Negative Impact ◽  
Stock Exchange ◽  
Corporate Restructuring ◽  
Ownership Concentration ◽  
Financial Indicators ◽  
Outside Directors ◽  
Listed Firms ◽  
Subsequent Performance ◽  
Asset Restructuring

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.

Corporate restructuring during performance declines in Japan

1997 ◽  
Vol 46 (1) ◽  
pp. 29-65 ◽  
Author(s):  
Jun-Koo Kang ◽  
Anil Shivdasani
Keyword(s):  
Corporate Restructuring

The effects of ownership structure on asset restructuring performance

2010 ◽  
Vol 2 (1) ◽  
pp. 75 ◽  
Author(s):  
Norazlan Alias ◽  
Fauzias Mat Nor ◽  
Mohd Hasimi Yaacob
Keyword(s):  
Ownership Structure ◽  
Asset Restructuring
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