Capital Structure and Business Performance of Real Estate Companies Listed on the Vietnam Stock Market

The real estate sector is an important economic sector with a strategic role in the country's development. However, in general, the business performance of real estate companies remains at a low level. There are many reasons for the low business performance, with the improper use of capital structure being one of the main factors. This paper aims to analyze the relationship between capital structure and business performance of real estate companies. The data used was collected from financial reports of 74 real estate companies listed on the Vietnam Stock Market from 2019 to 2023. The findings of this paper are valuable for business managers in general and financial managers in particular, helping them make decisions on capital structure that are suitable for their companies to improve business performance.