Le Quoc Hoi; Than, The Son Tung; Hoang, Phuc Hong; … - In: Asia and the global economy : AGE 5 (2025) 2, pp. 1-8
This study examines the impact of state ownership on agency costs in Vietnam’s real estate industry from 2011 to 2023. Using a dual-proxy approach—Total Operating Expenses Ratio (TOER) and Total Asset Turnover (TAT)—we analyze data from 122 listed firms. Findings indicate that state...