Affecting analysis of business risk factors to profitability of construction companies in Vietnam
Risk management in the construction sector in Vietnam has received much research attention in recent years. However, in-depth studies on the impact of business risk factors on the financial performance of domestic construction enterprises are still limited. This study focuses on measuring and analyz...
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| Format: | Article |
| Language: | English |
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The University of Danang
2024-11-01
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| Series: | Tạp chí Khoa học và Công nghệ |
| Subjects: | |
| Online Access: | https://jst-ud.vn/jst-ud/article/view/9564 |
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| _version_ | 1849315131513634816 |
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| author | Tran Thi Hoai Thuong Huynh Thi Minh Truc |
| author_facet | Tran Thi Hoai Thuong Huynh Thi Minh Truc |
| author_sort | Tran Thi Hoai Thuong |
| collection | DOAJ |
| description | Risk management in the construction sector in Vietnam has received much research attention in recent years. However, in-depth studies on the impact of business risk factors on the financial performance of domestic construction enterprises are still limited. This study focuses on measuring and analyzing the impact of business risk factors on the profitability of construction enterprises in Vietnam in recent years. Multivariate linear regression method is used to measure the impact of business risk factors based on the financial statement data set of 60 medium and large construction enterprises listed on the Vietnamese stock market from 2018 to 2023. The research results show that enterprises with better risk management capabilities often achieve higher financial performance. The study proposes a number of solutions to improve profitability through multidimensional risk identification and management, helping businesses develop effective response strategies and thereby optimize profits. |
| format | Article |
| id | doaj-art-41aad1a7beae47aab1db19b4f322ffa3 |
| institution | Kabale University |
| issn | 1859-1531 |
| language | English |
| publishDate | 2024-11-01 |
| publisher | The University of Danang |
| record_format | Article |
| series | Tạp chí Khoa học và Công nghệ |
| spelling | doaj-art-41aad1a7beae47aab1db19b4f322ffa32025-08-20T03:52:14ZengThe University of DanangTạp chí Khoa học và Công nghệ1859-15312024-11-011610.31130/ud-jst.2024.546E9558Affecting analysis of business risk factors to profitability of construction companies in VietnamTran Thi Hoai Thuong0Huynh Thi Minh Truc1The University of Danang - University of Science and Technology, VietnamThe University of Danang - University of Science and Technology, VietnamRisk management in the construction sector in Vietnam has received much research attention in recent years. However, in-depth studies on the impact of business risk factors on the financial performance of domestic construction enterprises are still limited. This study focuses on measuring and analyzing the impact of business risk factors on the profitability of construction enterprises in Vietnam in recent years. Multivariate linear regression method is used to measure the impact of business risk factors based on the financial statement data set of 60 medium and large construction enterprises listed on the Vietnamese stock market from 2018 to 2023. The research results show that enterprises with better risk management capabilities often achieve higher financial performance. The study proposes a number of solutions to improve profitability through multidimensional risk identification and management, helping businesses develop effective response strategies and thereby optimize profits.https://jst-ud.vn/jst-ud/article/view/9564business riskconstruction industryprofitabilityrisk managementvietnam companies |
| spellingShingle | Tran Thi Hoai Thuong Huynh Thi Minh Truc Affecting analysis of business risk factors to profitability of construction companies in Vietnam Tạp chí Khoa học và Công nghệ business risk construction industry profitability risk management vietnam companies |
| title | Affecting analysis of business risk factors to profitability of construction companies in Vietnam |
| title_full | Affecting analysis of business risk factors to profitability of construction companies in Vietnam |
| title_fullStr | Affecting analysis of business risk factors to profitability of construction companies in Vietnam |
| title_full_unstemmed | Affecting analysis of business risk factors to profitability of construction companies in Vietnam |
| title_short | Affecting analysis of business risk factors to profitability of construction companies in Vietnam |
| title_sort | affecting analysis of business risk factors to profitability of construction companies in vietnam |
| topic | business risk construction industry profitability risk management vietnam companies |
| url | https://jst-ud.vn/jst-ud/article/view/9564 |
| work_keys_str_mv | AT tranthihoaithuong affectinganalysisofbusinessriskfactorstoprofitabilityofconstructioncompaniesinvietnam AT huynhthiminhtruc affectinganalysisofbusinessriskfactorstoprofitabilityofconstructioncompaniesinvietnam |