Effects of Internal Factors on Financial Performance of Listed Construction-Material Companies : The Case of Vietnam

The research aims to assess internal factors affecting to financial performance so that feasible suggestions could be provided for construction-material firms which are currently listing in the stock market of Vietnam. The authors applied regression for panel data which collected from 30 listed construction-material firms. The findings show that firms' financial performance are positively affected by the firms' size, capital structure, capitalization expenditure, and accounts receivable management. The research results also reflect positive relation between firms' financial performance and business risk. Upon the research results we recommend that the changes should be focus on improving policies about capitalization expenditure; reasonable capital structure and management of inventories