The impact of Economic Policy Uncertainty on firm performance in Vietnamese listed companies

  • Nguyen, Thi Hoa Hong
  • Pham, Tuan Kien
  • Ha, Gia Linh
  • Nguyen, Vu Ha Thanh
  • Nguyen, Le Tuan
  • Phung, Duc Anh
Từ khóa: Economic Policy Uncertainty (EPU), Firm performance, Listed companies, Return on total assets, Return on equity

Tóm tắt

This study examines the impact of economic policy uncertainty (EPU) on
the performance of Vietnamese listed companies from 2010 to 2022. EPU
is measured by standardizing the search volume index of relevant key
words using data from Google Trends and Glimpse. The findings from re
gression models show a negative relationship between economic policy
uncertainty and both return on total assets and return on equity in Vietnam
during the period of 2010-2022. This study provides additional evidence in
emerging markets to reinforce the negative impact of EPU on firm perfor
mance and supplements a new measurement of EPU in Vietnam. Further
more, the study suggests that the government should formulate strategies
to leverage economic advantages, thereby enabling firms to sustain their
economic activities.

 

điểm /   đánh giá
Phát hành ngày
2024-12-20
Chuyên mục
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