THE IMPACT OF CORPORATE GOVERNANCE ON FIRM PERFORMANCE OF LISTED COMPANIES IN VIETNAM

Abstract

In this study, corporate governance was proxied by a set of variables, including the duality of the Chief Executive Officer (CEO), board’s size, board’s ownership, CEO’s ownership and supervisory board’s ownership while firm performance is measured by Return On Asset (ROA) and Return On Equity (ROE). The results indicate that CEO duality and CEO’s ownership have impacted on the firm performance. This study also proposes the suitable solutions in order to enhance firm performance of listed companies in Vietnam through improving corporate governance.