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An Empirical Research on Factors Affecting the Liquidity of Listed Construction and Materials Firms: Evaluation from Quantile Regression Model

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Proceedings of the 4th International Conference on Research in Management and Technovation (ICRMAT 2023)

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Abstract

The article uses data from 122 listed construction and materials firms between 2010 and 2020 to study the impact of factors on liquidity. The variables in the model include Liquidity, Firm Size, Financial Leverage, Receivables Management Performance, Inventory Management Performance, Growth Opportunity, and Speed revenue growth of construction and materials firms. The quantile regression method is used to determine factors influence on corporate liquidity and the impact level of each variable on each quantile. On different quantiles, the impact of each element is also different. The higher the quantile, the stronger the effect of financial leverage on liquidity. Research results support the practical basis of liquidity in construction and materials firms in Vietnam recently.

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Author information

Authors and Affiliations

  1. University of Transport Technology, 54 Trieu Khuc, Thanh Xuan, Ha Noi, Vietnam

    Thuy Duong Phan & Thi Thanh Hoang

Authors
  1. Thuy Duong Phan
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  2. Thi Thanh Hoang
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Correspondence to Thuy Duong Phan .

Editor information

Editors and Affiliations

  1. Centre for Post-Graduate Studies, Hanoi University of Industry, Hanoi, Vietnam

    Thi Hong Nga Nguyen

  2. Gillings School of Global Public Health, University of North Carolina at Chapel, Chapel HIll, NC, USA

    Darrell Norman Burrell

  3. Department of Computer Science and Engineering, CMR Institute of Technology, Hyderabad, Telangana, India

    Vijender Kumar Solanki

  4. Accounting and Auditing Faculty, Academy of Finance, Hanoi, Vietnam

    Ngoc Anh Mai

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Phan, T.D., Hoang, T.T. (2024). An Empirical Research on Factors Affecting the Liquidity of Listed Construction and Materials Firms: Evaluation from Quantile Regression Model. In: Nguyen, T.H.N., Burrell, D.N., Solanki, V.K., Mai, N.A. (eds) Proceedings of the 4th International Conference on Research in Management and Technovation. ICRMAT 2023. Springer, Singapore. https://doi.org/10.1007/978-981-99-8472-5_1

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