How to cite this paper
Nguyen, V. (2020). Human capital, capital structure choice and firm profitability in developing countries: An empirical study in Vietnam.Accounting, 6(2), 127-136.
Refrences
Adachi-Sato, M., & Vithessonthi, C. (2019). Corporate debt maturity and future firm performance volatility. International Review of Economics & Finance, 60, 216-237.
Berger, A., & Bonaccora, E. (2006). Capital structure and firm performance: A new approach to testing agency theory and an application to the banking industry. Journal of Banking & Finance, 30(4), 1065-1102.
Dollar, D. (2002). Reform, growth, and poverty in Vietnam. Policy, Research Working Paper. Washington DC: World Bank.
Eesley, C.E., & Roberts, E.B. (2012). Are you experienced or are you talented?: When does innate talent vs. experience explain entrepreneurial performance?. Strategic Entrepreneurship Journal, 6(3), 207-219.
Emin, A. (2016). Capital Structure and Firm Performance: An Application on Manufacturing Industry. Journal of Economics & Administrative Sciences, 38(1), 15-30.
Gashi, P. (2014). Human capital and export decisions: The case of small and medium enterprises in Kosovo. Croatian Economic Survey, 16(2), 91-120.
Iavorskyi, M. (2013). The Impact of Capital Structure on Firm Performance: Evidence from Ukraine. Kyiv School of Economics, Ukraine.
Ibhagui, O.W., & Olokoyo, F.O. (2018). Leverage and firm performance: New evidence on the role of firm size. The North America Journal of Economics and Finance, 45, 58-72.
Jensen, M. (1986). Agency cost of free cash flow, corporate finance, and takeovers: Corporate finance, and takeovers. American Economic Review, 76(2), 323-329.
Jensen, M.C., & Meckling, W.H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360.
Khan, E.A., & Quaddus, M. (2017). Dimensions of human capital and firm performance: Micro-firm context. IIMB Management Review, 30(3), 229-241.
Lehtimaki, J., & Lehtimaki, J. (2016). The impact of knowledge capital on performance of firms: A case of firms in Finland. Eurasian Journal of Business and Economics, 9(18), 41-59.
McConnell, J.J., & Servaes, H. (1995). Equity ownership and the two faces of debt. Journal of Financial Economics, 39(1), 131-157.
Modigliani, F., & Miller, M., (1963). Corporate income taxes and the cost of capital: A correction. The American Economic Review, 53(3), 433-443.
Myers, S.C., & Majluf, N.S. (1984). Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics, 13(2), 187-221.
Nguyen, A.N., & Nguyen, T. (2007). Foreign direct investment in Vietnam: An overview and analysis of the determinant of spatial distribution across provinces. Development and Policies Research Center, Working Paper, Hanoi.
Nguyen, T và Nguyen, H.C. (2015). Capital structure and firms’ performance: Evidence from Vietnam’s stock exchange. International Journal of Economics and Finance, 7(12), 1-10.
OECD (2002). Foreign direct investment for development: Maximum benefits and minimum costs. OECD Publications Service, Paris, France.
Ployhart, R. E. and Moliterno, T. P. (2011). Emergence of the Human Capital Resource: A Multilevel Model. The Academy of Management Review, 36(1), 127-150.
Ruíz, M. D. A., Gutiérrez, J. O., Martínez-Caro, E., & Cegarra-Navarro, J. G. (2017). Linking an unlearning context with firm performance through human capital. European Research on Management and Business Economics, 23(1), 16-22.
Salim, M., & Yadav, R. (2012). Capital structure and firm performance: Evidence from Malaysian listed companies. Procedia - Social and Behavioral Sciences, 65, 156-166.
Samagaio, A., & Rodrigues, R. (2016). Human capital and performance in young audit firms. Journal of Business Research, 69(11), 5354-5359.
State Bank Vietnam (2012). Some solutions for the real estate market in Vietnam to develop sustainably under current conditions. Retrieved September 2, 2019, from https://www.sbv.gov.vn
Vătavu, S. (2015). The impact of capital structure on financial performance in Romania listed companies. Procedia Economics and Finance, 32, 1314-1322.
VCCI (2019). The summaries of Vietnam’s FTA to July 2019. Retrieved September 2, 2019, from http://www.trungtamwto.vn/thong-ke/
Vietnamese National Productivity Institute (2018). Report of Productivity in Vietnam. Retrieved September 2, 2019, from http://vnpi.vn/bao-cao-nang-suat-viet-nam-2017.htm
Westerfield, R., Ross, S.A. & Jordan, B.D. (2011). Corporate Finance Essentials. Global Edition. Mc Graw-Hill Irwin (1803).
Wignaraja, G. (2011). FDI, Size, and Innovation: Influences on Firm-Level Exports in East Asia. TMD Working Paper Series No.04. University of Oxford.
Wignaraja, G. (2008). FDI and Innovation as Drivers of Export Behavior: Firm- Level Evidence from East Asia. UNU-MERIT Working Paper Series 061. Asian Development Bank.
World Bank (2011). Vietnam Development Report 2012: Market Economy for a Middle Income Vietnam. Washington, D.C: World Bank.
Zheng, S., Wu, W., & Kahn, M. (2015). The birth of edge cities in China: Measuring the effects in industrial parks policy. Journal of Urban Economics, 100(c), 80-103.
Berger, A., & Bonaccora, E. (2006). Capital structure and firm performance: A new approach to testing agency theory and an application to the banking industry. Journal of Banking & Finance, 30(4), 1065-1102.
Dollar, D. (2002). Reform, growth, and poverty in Vietnam. Policy, Research Working Paper. Washington DC: World Bank.
Eesley, C.E., & Roberts, E.B. (2012). Are you experienced or are you talented?: When does innate talent vs. experience explain entrepreneurial performance?. Strategic Entrepreneurship Journal, 6(3), 207-219.
Emin, A. (2016). Capital Structure and Firm Performance: An Application on Manufacturing Industry. Journal of Economics & Administrative Sciences, 38(1), 15-30.
Gashi, P. (2014). Human capital and export decisions: The case of small and medium enterprises in Kosovo. Croatian Economic Survey, 16(2), 91-120.
Iavorskyi, M. (2013). The Impact of Capital Structure on Firm Performance: Evidence from Ukraine. Kyiv School of Economics, Ukraine.
Ibhagui, O.W., & Olokoyo, F.O. (2018). Leverage and firm performance: New evidence on the role of firm size. The North America Journal of Economics and Finance, 45, 58-72.
Jensen, M. (1986). Agency cost of free cash flow, corporate finance, and takeovers: Corporate finance, and takeovers. American Economic Review, 76(2), 323-329.
Jensen, M.C., & Meckling, W.H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360.
Khan, E.A., & Quaddus, M. (2017). Dimensions of human capital and firm performance: Micro-firm context. IIMB Management Review, 30(3), 229-241.
Lehtimaki, J., & Lehtimaki, J. (2016). The impact of knowledge capital on performance of firms: A case of firms in Finland. Eurasian Journal of Business and Economics, 9(18), 41-59.
McConnell, J.J., & Servaes, H. (1995). Equity ownership and the two faces of debt. Journal of Financial Economics, 39(1), 131-157.
Modigliani, F., & Miller, M., (1963). Corporate income taxes and the cost of capital: A correction. The American Economic Review, 53(3), 433-443.
Myers, S.C., & Majluf, N.S. (1984). Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics, 13(2), 187-221.
Nguyen, A.N., & Nguyen, T. (2007). Foreign direct investment in Vietnam: An overview and analysis of the determinant of spatial distribution across provinces. Development and Policies Research Center, Working Paper, Hanoi.
Nguyen, T và Nguyen, H.C. (2015). Capital structure and firms’ performance: Evidence from Vietnam’s stock exchange. International Journal of Economics and Finance, 7(12), 1-10.
OECD (2002). Foreign direct investment for development: Maximum benefits and minimum costs. OECD Publications Service, Paris, France.
Ployhart, R. E. and Moliterno, T. P. (2011). Emergence of the Human Capital Resource: A Multilevel Model. The Academy of Management Review, 36(1), 127-150.
Ruíz, M. D. A., Gutiérrez, J. O., Martínez-Caro, E., & Cegarra-Navarro, J. G. (2017). Linking an unlearning context with firm performance through human capital. European Research on Management and Business Economics, 23(1), 16-22.
Salim, M., & Yadav, R. (2012). Capital structure and firm performance: Evidence from Malaysian listed companies. Procedia - Social and Behavioral Sciences, 65, 156-166.
Samagaio, A., & Rodrigues, R. (2016). Human capital and performance in young audit firms. Journal of Business Research, 69(11), 5354-5359.
State Bank Vietnam (2012). Some solutions for the real estate market in Vietnam to develop sustainably under current conditions. Retrieved September 2, 2019, from https://www.sbv.gov.vn
Vătavu, S. (2015). The impact of capital structure on financial performance in Romania listed companies. Procedia Economics and Finance, 32, 1314-1322.
VCCI (2019). The summaries of Vietnam’s FTA to July 2019. Retrieved September 2, 2019, from http://www.trungtamwto.vn/thong-ke/
Vietnamese National Productivity Institute (2018). Report of Productivity in Vietnam. Retrieved September 2, 2019, from http://vnpi.vn/bao-cao-nang-suat-viet-nam-2017.htm
Westerfield, R., Ross, S.A. & Jordan, B.D. (2011). Corporate Finance Essentials. Global Edition. Mc Graw-Hill Irwin (1803).
Wignaraja, G. (2011). FDI, Size, and Innovation: Influences on Firm-Level Exports in East Asia. TMD Working Paper Series No.04. University of Oxford.
Wignaraja, G. (2008). FDI and Innovation as Drivers of Export Behavior: Firm- Level Evidence from East Asia. UNU-MERIT Working Paper Series 061. Asian Development Bank.
World Bank (2011). Vietnam Development Report 2012: Market Economy for a Middle Income Vietnam. Washington, D.C: World Bank.
Zheng, S., Wu, W., & Kahn, M. (2015). The birth of edge cities in China: Measuring the effects in industrial parks policy. Journal of Urban Economics, 100(c), 80-103.