European Journal of Accounting, Auditing and Finance Research (EJAAFR)

EA Journals

hose

Firm Size, Social Capital and Firm Profitability: An Empirical Study on Vietnamese Listed Companies (Published)

The research study is focusing on firm-specific determinants of firm profitability for Vietnamese listed companies over the 2010-2016 period with the theoretical framework of firm profitability. The results demonstrate that social capital is significantly correlated with a positive profitability of a firm. A larger firm can exactly have a lower cost of bankruptcy and a higher level of growth rate related to a higher level of performance. In addition, the firm growth can positively generate financial performance. An older firm is more profitable than a younger firm. A higher level of educational degree of managers has a higher level of firm profitability.

Keywords: Education, Social Capital, firm profitability, firm size, hose

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