Academy of Accounting and Financial Studies Journal (Print ISSN: 1096-3685; Online ISSN: 1528-2635)


Zombie Companies in Vietnam: The Empirical Insights and Experiences from Asian and European Companies

Author(s): Ta Quang Binh, Pham Thi Minh Uyen, Nguyen Thi Thuan

This study conducts a comprehensive review of the literature on Zombies companies and the empirical insights from Asian companies and European companies during 2006-2018. At the same time, the authors also identify differences in the characteristics, impact or treatment and influence of zombie companies in countries around the world to the financial performance of businesses, thereby bringing out the valuable experience for developing countries like Vietnam.

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