Year: 2024
Type: article
Abstract: Serving as the most important intermediary in the stock market, securities companies in Vietnam are exhibiting unsustainable development and low profitability. Meanwhile, research on this type of business remains limited in both quantity and systematic aspects. The aim of this paper is to clarify the relationship between company strategy, optimal capital structure, and the ability to generate profits for securities companies. Primary data was collected through interviews with 155 experts and managers (directors, deputy directors) from November 2023 to April 2024, and secondary data was sourced from the financial reports of securities companies from 2010 to 2023. The data was cleaned before being processed using SPSS 20 and AMOS 20. The test and analysis results indicate that company strategy has a significant impact on profitability, while the impact of capital structure is negligible. This study adds to the theory of capital structure and provides managerial policy decisions for securities company managers to enhance profitability
Source: Data & Metadata
DOI: 10.56294/dm2024.360
Institution: Academy Of Finance
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402520949