State ownership, institutional ownership, and goodwill: empirical research on listed firms in Ho Chi Minh Stock Exchange

Authors

  • Tien Manh Pham*, Thi Anh Dao Pham, Chau Giang Tran

Keywords:

institutional ownership, goodwill, state ownership

Abstract

The purpose of this study is to determine factors affecting  enterprise goodwill by using the population of 221 companies listed in the Ho Chi Minh Stock Exchange (HOSE) in the period 2011-2020. Therefore, suggestions are made to help investors evaluate the enterprise goodwill before giving any investment decisions. The result shows that the state ownership, the number of board members, and fixed assets have an effect on enterprise goodwill; institutional ownership, financial leverage, ROA, and ROE have no effect on enterprise goodwill.

DOI:

https://doi.org/10.31276/VJST.64(4).14-17

Classification number

5.2

Author Biography

Tien Manh Pham*, Thi Anh Dao Pham, Chau Giang Tran

 Banking Academy, 12 Chua Boc Street, Quang Trung Ward, Dong Da District, Hanoi, Vietnam

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Published

2022-04-25

Received 20 August 2021; accepted 5 October 2021

How to Cite

Pham Tien Manh*, Pham Thi Anh Dao, Tran Chau Giang. (2022). State ownership, institutional ownership, and goodwill: empirical research on listed firms in Ho Chi Minh Stock Exchange. Version B of Vietnam Journal of Science and Technology, 64(4). https://doi.org/10.31276/VJST.64(4).14-17

Issue

Vol. 64 No. 4 (2022): Volume 64 - Number 4 - April 2022

Section

Social Sciences and Humanities