{"id":"https://openalex.org/W2971477527","doi":null,"title":"The Impact of Product Market Competition on Debt Ratio in Vietnam Stock Market","display_name":"The Impact of Product Market Competition on Debt Ratio in Vietnam Stock Market","publication_year":2019,"publication_date":"2019-10-01","ids":{"openalex":"https://openalex.org/W2971477527","mag":"2971477527"},"language":"en","primary_location":{"id":"mag:2971477527","doi":null,"is_oa":false,"landing_page_url":"https://www.abacademies.org/articles/The-Impact-of-Product-Market-Competition-on-Debt-Ratio-1528-2635-23-4-441.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764672172","display_name":"Academy of Accounting and Financial Studies journal","issn_l":"1096-3685","issn":["1096-3685"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","poland-20"],"host_organization":"https://openalex.org/P4310315810","host_organization_name":"Allied Academies","host_organization_lineage":["https://openalex.org/P4310315810","https://openalex.org/P4310320466"],"host_organization_lineage_names":["Allied Academies","OMICS Publishing Group"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Academy of Accounting and Financial Studies journal","raw_type":null},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5104707290","display_name":"Tan Vinh Nguyen","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Tan Vinh Nguyen","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5104707290"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":93},"biblio":{"volume":"23","issue":"4","first_page":"1","last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9922000169754028,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9922000169754028,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0038999998942017555,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.0006000000284984708,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/product-market-competition","display_name":"product market competition","score":0.9909999966621399},{"id":"https://openalex.org/keywords/debt-ratio","display_name":"debt ratio","score":0.984000027179718},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.6489999890327454},{"id":"https://openalex.org/keywords/pecking-order-theory","display_name":"pecking order theory","score":0.9940000176429749},{"id":"https://openalex.org/keywords/tobin-s-q","display_name":"Tobin's Q","score":0.9810000061988831},{"id":"https://openalex.org/keywords/herfindahl-hirschman-index","display_name":"Herfindahl-Hirschman index","score":0.9810000061988831},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.5019999742507935},{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.42800000309944153},{"id":"https://openalex.org/keywords/vietnamese-stock-market","display_name":"Vietnamese stock market","score":0.5879999995231628},{"id":"https://openalex.org/keywords/listed-companies","display_name":"listed companies","score":0.45500001311302185}],"concepts":[{"id":"https://openalex.org/C135665773","wikidata":"https://www.wikidata.org/wiki/Q2234049","display_name":"Debt ratio","level":3,"score":0.5551481246948242},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.5341286659240723},{"id":"https://openalex.org/C123336316","wikidata":"https://www.wikidata.org/wiki/Q7247776","display_name":"Product market","level":3,"score":0.5203849077224731},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4854743778705597},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.48540839552879333},{"id":"https://openalex.org/C74153512","wikidata":"https://www.wikidata.org/wiki/Q167064","display_name":"Debt-to-equity ratio","level":4,"score":0.4706650972366333},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.4492180347442627},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4452633261680603},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.42532992362976074},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.38071534037590027},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.37145835161209106},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3615637421607971},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.14786142110824585},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C149923435","wikidata":"https://www.wikidata.org/wiki/Q37732","display_name":"Demography","level":1,"score":0.0},{"id":"https://openalex.org/C100363876","wikidata":"https://www.wikidata.org/wiki/Q690661","display_name":"Nonprobability sampling","level":3,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C2908647359","wikidata":"https://www.wikidata.org/wiki/Q2625603","display_name":"Population","level":2,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:2971477527","doi":null,"is_oa":false,"landing_page_url":"https://www.abacademies.org/articles/The-Impact-of-Product-Market-Competition-on-Debt-Ratio-1528-2635-23-4-441.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764672172","display_name":"Academy of Accounting and Financial Studies journal","issn_l":"1096-3685","issn":["1096-3685"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","poland-20"],"host_organization":"https://openalex.org/P4310315810","host_organization_name":"Allied Academies","host_organization_lineage":["https://openalex.org/P4310315810","https://openalex.org/P4310320466"],"host_organization_lineage_names":["Allied Academies","OMICS Publishing Group"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Academy of Accounting and Financial Studies journal","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W28417942","https://openalex.org/W188389302","https://openalex.org/W1529779377","https://openalex.org/W1576685169","https://openalex.org/W1587350794","https://openalex.org/W1964267061","https://openalex.org/W2025610165","https://openalex.org/W2037160767","https://openalex.org/W2059912207","https://openalex.org/W2069090016","https://openalex.org/W2072282899","https://openalex.org/W2081980864","https://openalex.org/W2110352084","https://openalex.org/W2112352537","https://openalex.org/W2115846503","https://openalex.org/W2124597406","https://openalex.org/W2255863042","https://openalex.org/W2645835341","https://openalex.org/W3121131820"],"related_works":["https://openalex.org/W2970151293","https://openalex.org/W2356158978","https://openalex.org/W2377640054","https://openalex.org/W2901270071","https://openalex.org/W2373036661","https://openalex.org/W2793204434","https://openalex.org/W2392106264","https://openalex.org/W2383763626","https://openalex.org/W2386837636","https://openalex.org/W594963148"],"abstract_inverted_index":{"Asymmetric":[0],"information":[1,280],"has":[2,220],"caused":[3],"difficulties":[4],"for":[5,165,180],"investors":[6,36,166],"in":[7,17,64,73,142,190],"the":[8,12,18,32,45,51,58,65,70,74,86,93,111,114,129,133,143,169,191,194,203,221,258,273,276],"financial":[9,75],"market":[10,19,34,55,68,144],"when":[11,185,202,241],"enterprises":[13,62,71,141,198,247,251,262],"have":[14,103],"high":[15,188,238],"competitiveness":[16],"but":[20],"there":[21,122],"are":[22,119,187],"acts":[23],"of":[24,35,53,61,90,135,140,227,275],"using":[25],"unusual":[26],"debt":[27,59,108,130,204,225,255],"ratio.":[28,131,256],"Investment":[29],"decisions":[30],"on":[31,57,107,211,224,246],"stock":[33,67],"will":[37,123,148,199],"be":[38,124,200,232],"negatively":[39],"affected":[40],"by":[41,267],"asymmetric":[42],"information.":[43],"Therefore,":[44],"authors":[46],"conduct":[47],"research":[48,94],"to":[49,79,127,168,207,253,279],"assess":[50],"impact":[52,106],"product":[54],"competition":[56,189,216],"ratio":[60,109,205,226],"listed":[63],"Vietnam":[66],"(excluded":[69],"operating":[72],"field)":[76],"from":[77],"2010":[78],"2018.":[80],"By":[81],"analyzing":[82],"panel":[83],"data":[84],"through":[85],"Difference":[87],"Generalized":[88],"method":[89],"moment":[91],"(D-GMM),":[92],"results":[95,112,134],"indicate:":[96],"Competitiveness":[97],"factors":[98],"(Tobin's":[99],"Q":[100,146],"and":[101],"HHI)":[102],"a":[104,125,162],"negative":[105],"(DR)-":[110],"support":[113],"predation":[115],"theory.":[116,282],"When":[117],"businesses":[118,181],"highly":[120,242],"competitive,":[121,243],"tendency":[126],"reduce":[128,149,254],"From":[132],"this":[136,183,271],"research,":[137],"good":[138,163],"signals":[139],"(Tobin\u2019s":[145],"high)":[147],"external":[150],"debt.":[151],"Besides,":[152],"if":[153],"these":[154],"companies":[155],"issue":[156,179],"more":[157],"shares,":[158],"it":[159],"is":[160,175],"also":[161],"signal":[164],"(according":[167],"pecking":[170],"order":[171],"theory)":[172],"because":[173,270],"capital":[174,266],"not":[176],"an":[177],"urgent":[178],"at":[182],"time":[184],"they":[186],"market.":[192],"At":[193,257],"same":[195,259],"time,":[196,260],"low-competitive":[197,261],"threatened":[201],"tends":[206],"increase,":[208],"making":[209],"pressure":[210,245],"loan":[212],"payments":[213],"increase.":[214],"HHI":[215],"index":[217],"(Herfindahl-Hirschman":[218],"Index)":[219],"opposite":[222],"effect":[223],"large-scale":[228,235],"enterprises.":[229],"It":[230],"can":[231],"seen":[233],"that":[234],"enterprises,":[236],"with":[237,248],"economic":[239],"potential":[240],"create":[244],"low":[249],"competition,":[250],"tend":[252],"cannot":[263],"increase":[264],"their":[265],"issuing":[268],"shares":[269],"reduces":[272],"value":[274],"business":[277],"according":[278],"asymmetry":[281]},"counts_by_year":[{"year":2024,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2019-09-12T00:00:00"}