Economics and Finance

   

The Volatility of Market Risk in Vietnam Listed Consumer Good Company Groups During and After the Financial Crisis 2007-2009

Authors: Dinh TRAN NGOC HUY

This study estimates market risk of total 228 listed companies in Viet Nam consumer good industry during the financial crisis period 2007-2009. Firstly, we found out in the research sample that there are 86% of firms, of total listed firms, with beta values lower than (<) 1, meaning with lower risk, and the systemic risk is acceptable. Secondly, there are 14% among total 228 listed firms, whose beta values higher than (>) 1, meaning having stock returns fluctuating more than the market benchmark. Thirdly, among three (3) groups, the systemic risk in the material and consumer good industry is the smallest, shown by estimated values of equity and asset beta mean, and asset beta variance in the wholesale and retail industry is the smallest. Finally, this paper generates some analytical outcomes that enable companies and government to have more evidence in establishing their policies in investments and in governance Keywords: equity beta, financial structure, financial crisis, risk, asset beta, consumer good industry JEL Classification: G010, G100, G390

Comments: 32 Pages. Published in The Hellenic Open Business Administration Journal; https://hobajournal.wordpress.com/

Download: PDF

Submission history

[v1] 2018-07-04 00:10:18

Unique-IP document downloads: 7 times

Vixra.org is a pre-print repository rather than a journal. Articles hosted may not yet have been verified by peer-review and should be treated as preliminary. In particular, anything that appears to include financial or legal advice or proposed medical treatments should be treated with due caution. Vixra.org will not be responsible for any consequences of actions that result from any form of use of any documents on this website.

Add your own feedback and questions here:
You are equally welcome to be positive or negative about any paper but please be polite. If you are being critical you must mention at least one specific error, otherwise your comment will be deleted as unhelpful.

comments powered by Disqus