Factors Affecting Business Performance: Evidence from Listed Aviation Enterprises in Vietnam
1Hau Thi Hai DINH, 2Binh the VU
1Faculty of Business Administration, Trade Union University, Hanoi, Vietnam
2Faculty of Accounting and Auditing, University of Economics and Business - Vietnam National University, Hanoi, Vietnam
https://doi.org/10.47191/jefms/v6-i11-28
ABSTRACT:
This study aims to determine and analyze the influence of internal factors on business performance of aviation enterprises in Vietnam. The article uses data collected from financial statements from 2013 to 2022 of 11 aviation enterprises listed on the Vietnam stock market. Applying SPSS 26 software in quantitative analysis, research results show that the factors solvency, total asset turnover, and enterprise size have a positive influence, while capital structure has a negative influence. on the business performance of the enterprise, the factors of business time and the proportion of fixed assets are not enough basis to consider the impact on the business performance of the enterprise. Using the research results, the author proposes some solutions to improve business efficiency of aviation enterprises in the future.
KEYWORDS:
Aviation enterprises, business efficiency, influencing factors, ROA
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