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Do pharmaceutical companies listed on Vietnam stock exchange have optimal capital structure? Evidence from threshold regression model

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The paper "Do pharmaceutical companies listed on Vietnam stock exchange have optimal capital structure? Evidence from threshold regression model" studies the impact of debt ratio on firm value of pharmaceutical companies listed on Vietnamese Stock Exchange from 2010 to 2017 by using threshold regression model. In this research, we exploit ROE and Tobin as a proxy for firm value. The results are indicators for us to give recommendations about financing policy to listed pharmaceutical for the upcoming years.
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Do pharmaceutical companies listed on Vietnam stock exchange have optimal capital structure? Evidence from threshold regression model

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