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Factors Affecting Corporate Liquidity: Evidence from Listed Construction Companies in Vietnam

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

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Abstract

The construction industry has grown rapidly in recent years, but the outstanding debt in payment, especially the difficulty in paying the principal and interest of bonds in recent years, has caused great frustration among investors. The authors use Stata software for panel data to estimate the regression equations. The analysis aims to examine the factors affecting liquidity of 29 listed construction companies in the period 2015–2021. The research results show that financial leverage (LEV), profitability on working capital (ROA), total asset turnover (ART), and company growth rate (GWS) are the main factors that have a strong impact on corporates’ liquidity.

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Author information

Authors and Affiliations

  1. Academy of Finance, 58 Le Van Hien, Duc Thang, Bac Tu Liem, Hanoi, Vietnam

    Bach Thi Thanh Ha, Bach Thi Thu Huong, Lam Thi Thanh Huyen & Dinh Thi Len

  2. Columbia University, 116Th and Broadway, New York, NY, 10027, USA

    Bach Duc Khoi Nguyen

Authors
  1. Bach Thi Thanh Ha
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  2. Bach Thi Thu Huong
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  3. Lam Thi Thanh Huyen
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  4. Dinh Thi Len
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  5. Bach Duc Khoi Nguyen
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Corresponding author

Correspondence to Bach Thi Thu Huong .

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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© 2024 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Ha, B.T.T., Huong, B.T.T., Huyen, L.T.T., Len, D.T., Nguyen, B.D.K. (2024). Factors Affecting Corporate Liquidity: Evidence from Listed Construction Companies in Vietnam. 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_32

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