Factors affecting the profit of listed companies in Vietnam

Abstract

The main objective of this study is to measure the impact of economic risks including debt ratios, the corporate bond market on the profit of companies listed on the Vietnam stock market (VNX). Data used in this study were collected from the financial statements of 309 listed companies in the period  2016 - 2022. The results in the FGLS regression model showed that firm size had a positive relationship with companies profit; leverage, tangibility ratio and quick liquidity had negative relationships with companies profit. The instability of the corporate bond market and Covid-19 epidemic had a negative impact on company profits