An Analysis of Factors Affecting Decisions on Investment in HCMC Municipal Bonds
Nguyễn Thị Mỹ Linh
Phùng Thị Cẩm Tú
Đào Thị Minh Huyền
Dương Thị Bình Minh
Vũ Thị Minh Hằng
Diệp Gia Luật
Abstract
The paper analyzes factors affecting decisions on investment in HCMC municipal bonds for infrastructure projects. Results of EFA and regression analysis show that decisions on investment in HCMC municipal bonds depend on five factors with adjusted R2 equaling 72,1%: (1) government’s policies; (2) bonds and issuers; (3) infrastructure projects and socioeconomic conditions; (4) economicfactors; and (5) impacts of relevant markets. This serves as a basis for policy recommendations that aim at enhancing the mobilizing power of municipal bonds for infrastructure project in particular and socioeconomic development in HCMC in general.http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=e8e5ca81-6d68-4562-a58f-c8535d35c13f