The Effect of Business Scale on the Business Performance of Listed Steel Companies on the Vietnamese Stock Market

Increasing corporate efficiency is a significant priority for many companies, particularly in light of the present global economic integration environment. The link between the enterprise size and the business performance of steel businesses listed on the Vietnamese stock market is examined in this article. Based on study data collected from 26 steel businesses that were listed between 2019 and 2023 on the Vietnamese stock market. The author employed testing and regression techniques with SPSS26 software. The results of the research demonstrate that the scale variable has a positive and statistically significant effect on the business performance of firms, regardless of whether it is assessed by total assets, revenue, or labor scale. The authors use this as the foundation for their suggestions on how to increase the operational effectiveness of steel businesses listed on the Vietnamese stock market.