E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 3, Issue 5, 2023

Factors Affecting the Use of Trade Credit in Construction Enterprises Listed on the Vietnam Stock Market

Author(s): Cao Mai Quynh, Nguyen Minh Nguyet


This article analyzes factors affecting accounts payable to suppliers of construction enterprises listed on the Vietnam stock market. With the application of E-view software in quantitative analysis to build a panel data regression model, use White, Hausman and Wald tests to select the appropriate model based on pooled ordinary least squares model (POLS), fixed effect model (FEM), random effect model (REM), the article has built a regression model to determine the relationship of internal factors. Affecting the use of trade credit of 132 construction enterprises listed on the Vietnam stock market. The results indicate that business size is positively correlated, while short-term loan ratio is negatively correlated with accounts payable to suppliers. Based on the empirical results, the study proposes a number of recommendations to help business administrators balance between the benefits and risks when using trade credit policies.

Keywords: Trade Credit, Construction Enterprises, Business Siz, Accounts Payable to Suppliers

Pages: 1298-1301

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