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Keywords: Free cash flow
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Journal Articles
Unexpected investment, tunnelling and financial constraints
Available to Purchase
International Journal of Emerging Markets (2023) 18 (9): 2152–2175.
Published: 17 August 2021
...Le Hong Ngoc Ha; An Thai Purpose Based on a sample of 1,435 Vietnamese listed firms over the period from 2005 to 2017, this study examines the sensitivity of unexpected investment to free cash flow and its mechanism. Design/methodology/approach We tested three hypotheses using two-step system...
Journal Articles
Corporate governance and conglomerate diversification strategy – evidence from Vietnam
Available to Purchase
International Journal of Emerging Markets (2018) 13 (6): 1578–1596.
Published: 29 November 2018
...Thi Xuan Trang Nguyen Purpose The purpose of this paper is to examine the impact of internal corporate governance mechanisms, including interest alignment and control devices, on the unrelated diversification level in Vietnam. Additionally, the moderation of free cash flow (FCF...
