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2024 | OriginalPaper | Buchkapitel

An Empirical Research on Factors Affecting the Liquidity of Listed Construction and Materials Firms: Evaluation from Quantile Regression Model

verfasst von : Thuy Duong Phan, Thi Thanh Hoang

Erschienen in: Proceedings of the 4th International Conference on Research in Management and Technovation

Verlag: Springer Nature Singapore

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Abstract

The article uses data from 122 listed construction and materials firms between 2010 and 2020 to study the impact of factors on liquidity. The variables in the model include Liquidity, Firm Size, Financial Leverage, Receivables Management Performance, Inventory Management Performance, Growth Opportunity, and Speed revenue growth of construction and materials firms. The quantile regression method is used to determine factors influence on corporate liquidity and the impact level of each variable on each quantile. On different quantiles, the impact of each element is also different. The higher the quantile, the stronger the effect of financial leverage on liquidity. Research results support the practical basis of liquidity in construction and materials firms in Vietnam recently.

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Metadaten
Titel
An Empirical Research on Factors Affecting the Liquidity of Listed Construction and Materials Firms: Evaluation from Quantile Regression Model
verfasst von
Thuy Duong Phan
Thi Thanh Hoang
Copyright-Jahr
2024
Verlag
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-99-8472-5_1

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