In this paper, we test the applicability of different Fama-French (FF) factor models in Vietnam, we investigate the value factor redundancy and examine the choice of the profitability factor. Our empirical evidence shows that the FF five-factor model has more explanatory power than the FF...

Based on the resource-based view of the firm (RBV) and the resource/capability perspective of innovation, this study explores the independent and complementary effects of two types of innovation capability (namely product development capability and operational capability) on market performance...