Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Attendants of Financial Accessibility of Firms in Vietnam

Author(s): To Trung Thanh, Nguyen Thi Hong Nham, Le Thanh H�, Nguyen Thi Thanh Huyen, Tran Anh Ngoc

The research used the Logit model to evaluate factors affecting the financial accessibility of enterprises, using the Enterprise Survey Data 2017 of General Statistics Office of Vietnam and the survey sample from 695 enterprises implemented in December 2017. The research points out that beside factors related to institution and business environment, factors from financial markets or financial intermediaries, factors related to internal problems of enterprises such as characteristics of enterprises, characteristics of enterprise owners, production and business results, geographical location, the role of networks, etc. or incurred official and unofficial expenses are barriers impacting on the financial accessibility of enterprises. From that point, some solutions are proposed to improve financial accessibility for enterprises in Vietnam in the present stage.

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