IMPACT OF THE COVID-19 PANDEMIC ON THE RISK-TAKING BEHAVIOR OF NON-FINANCIAL FIRMS LISTED IN VIETNAM WITH CASH HOLDINGS AS A MODERATING VARIABLE

被引：6
|
作者：
Minh, Nguyen Hoang [1 ,2 ]
Vinh, Le Hoang [1 ,2 ]
机构：
[1] Univ Econ & Law, Ho Chi Minh City, Vietnam
[2] Vietnam Natl Univ, Ho Chi Minh City, Vietnam
来源：
JOURNAL OF EASTERN EUROPEAN AND CENTRAL ASIAN RESEARCH | 2022年 / 9卷 / 03期
关键词：
COVID-19; risk-taking behavior; non-financial firms; CORPORATE GOVERNANCE; STATE OWNERSHIP; UNCERTAINTY; INVESTMENT; DECISIONS;
D O I：
10.15549/jeecar.v9i3.849
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Vietnam has faced the long-lasting COVID-19 outbreak, which has imposed a negative impact on corporate activities, since 2020. This study aims to examine how the COVID-19 outbreak has influenced the risk-taking behavior of companies in Vietnam, investigating this relationship with the moderating role of cash holdings. We used the research data of non-financial listed firms in Vietnam during the period from quarter 1 2018 to quarter 2 2021. According to the Generalized Method of Moments approach, the study concludes that the COVID-19 pandemic period is negatively associated with corporate risk-taking behavior. In addition, there is a significant increase in the level of risk-taking behavior during the COVID-19 pandemic period by enterprises that have more cash holdings.
引用
收藏
页码：462 / 470
页数：9
相关论文
共 45 条
  • [31] The Impact of the COVID-19 Pandemic on Modelling Volatility and Risk Analysis of Returns in Selected European Financial Markets
    Krezolek, Dominik
    RECENT TRENDS AND FUTURE CHALLENGES IN LEARNING FROM DATA, ECDA 2022, 2024, : 49 - 61
  • [32] Effect of the COVID-19 pandemic lockdown on non-COVID-19 emergency department visits in Eastern France: Reduced risk or avoidance behavior?
    Wartelle, Adrien
    Mourad-Chehade, Farah
    Yalaoui, Farouk
    Chrusciel, Jan
    Laplanche, David
    Sanchez, Stephane
    PUBLIC HEALTH IN PRACTICE, 2021, 2
  • [33] Impact of Tele-Coaching During the COVID-19 Pandemic on Risk-Reduction Behavior of Patients with Heart Failure
    Knoll, Katharina
    Leiter, Sarah M.
    Rosner, Stefanie
    Trenkwalder, Teresa
    Erben, Amadea
    Kloss, Christian
    Bregenhorn, Patrick
    Schunkert, Heribert
    Reinhard, Wibke
    TELEMEDICINE AND E-HEALTH, 2022, 28 (06) : 823 - 831
  • [34] Impact of Macroeconomic Shocks on Financial Performance and Risk Management: A Case Study of LPP SA During the COVID-19 Pandemic and the Ukraine War
    Sokolowska, Ewelina
    Chmielewski, Mariusz
    Dziadkiewicz, Anna
    RISKS, 2024, 12 (12)
  • [35] Knowledge, Attitude, Practice, Behavior and Risk Perception of COVID-19 Pandemic among Medical and non-Medical University Students
    Fatima, Madeeha
    Habib, Aamna
    Khan, Saira
    Butt, Muhammad Hammad
    Mallhi, Tauqeer Hussain
    Khan, Yusra Habib
    Zaheer, Asifa
    Habib, Muhammad Umar
    Khan, Abdul Qayyum
    Khan, Muhammad Imran
    Iqbal, Azhar
    Mehmood, Malik Hassan
    Masood, Imran
    DISASTER MEDICINE AND PUBLIC HEALTH PREPAREDNESS, 2022, 17
  • [36] Long-term impact of the COVID-19 pandemic on use behavior and risk perceptions of college student E-cigarette users
    McLeish, Alison C.
    Hart, Joy L.
    Walker, Kandi L.
    JOURNAL OF AMERICAN COLLEGE HEALTH, 2024, 72 (09) : 3748 - 3752
  • [37] The Impact of Racial and Non-racial Discrimination on Health Behavior Change Among Visible Minority Adults During the COVID-19 Pandemic
    Cheryl L. Currie
    Erin K. Higa
    Journal of Racial and Ethnic Health Disparities, 2022, 9 : 2551 - 2559
  • [38] Risk for youth anxiety during the COVID-19 pandemic: The interactive impact of financial stress and prepandemic electrocortical reactivity to negative self-referential stimuli
    Feurer, Cope
    Granros, Maria
    Calentino, Alison E.
    Suor, Jennifer H.
    Burkhouse, Katie L.
    DEVELOPMENTAL PSYCHOBIOLOGY, 2022, 64 (03)
  • [39] The Impact of Racial and Non-racial Discrimination on Health Behavior Change Among Visible Minority Adults During the COVID-19 Pandemic
    Currie, Cheryl L.
    Higa, Erin K.
    JOURNAL OF RACIAL AND ETHNIC HEALTH DISPARITIES, 2022, 9 (06) : 2551 - 2559
  • [40] Exploring the Spanish Tourists' Intentions to Travel to Zones That Have a Low-Impact of COVID-19 by Taking into Account Their Cognitive and Affective Risk Perceptions About the Pandemic
    Alvarez-Garcia, Begona
    Monje-Amor, Ariadna
    Vazquez, Jose Pablo Abeal
    SAGE OPEN, 2024, 14 (02):
12345