Factors affecting the profitability of enterprises: a survey of some Vietnam agricultural product export enterprises

Agricultural export enterprises play an important role in the economy, contributing significantly to economic development and growth. Optimizing their operations can support the building of a sustainable economy. In this study, Stata software was used to select an appropriate regression model to eva...

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Detalles Bibliográficos
Autores: Dat, Pham Minh, Binh, Nguyen Viet
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2023
País:Brasil
Institución:Sindicato das Secretárias do Estado de São Paulo (SINSESP)
Repositorio:GeSec
Idioma:inglés
OAI Identifier:oai:ojs2.revistagesec.org.br:article/2761
Acceso en línea:https://ojs.revistagesec.org.br/secretariado/article/view/2761
Access Level:acceso abierto
Palabra clave:Profitability
ROA
ROE
Enterprises Exporting Agricultural Products
Vietnam
Descripción
Sumario:Agricultural export enterprises play an important role in the economy, contributing significantly to economic development and growth. Optimizing their operations can support the building of a sustainable economy. In this study, Stata software was used to select an appropriate regression model to evaluate the impact of factors on the profitability of agricultural export enterprises in Vietnam in the period from 2013 - 2022. Research results have shown that debt ratio, asset structure, and operating time of the business all have a significant impact on the return on assets and equity. Other factors have only a strong impact on one of these two factors or are not statistically significant in explaining the impact on profitability. This result emphasizes the importance of agricultural export enterprises reviewing their capital structure and asset structure and carefully evaluating the impact of these factors in the process of building business strategies to optimize profitability.