EVALUATING THE RELATIONSHIP BETWEEN LONG-TERM LIABILITIES AND FIRM PERFORMANCE OF LISTED FIRMS IN VIETNAM

Abstract

Long-term liabilities are an important indicator for analyzing a firm's debt structure and evaluating its long-term financial situation. In the wake of the global economic crisis caused by the Covid-19 pandemic, assessing long-term liabilities has become even more crucial in helping firms understand financial trends, assess the effectiveness of financial management, and evaluate overall firm performance. This study aims to evaluate the relationship between long-term liabilities and firm performance of listed firms in Vietnam during the period of 2019-2021. The results of this study indicate a negative correlation between long-term liabilities and firm performance in the research period. These findings can be used to make recommendations for improving firm performance by effectively managing long-term liabilities