<p>This is the first study to explore the impact of the World Uncertainty Index (WUI) on the performance of firms listed on the Vietnamese stock market. We utilize the System Generalized Method of Moments (SGMM) method along with data containing 3,800 firm-year observations and find that the WUI significantly impairs firm performance. The robustness of the results was verified using various analyses. The study draws important conclusions and policy recommendations, stressing the need for policymakers and business managers to succinctly outline strategies for communication and risk management in times of uncertainty.</p>

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

Does the World Uncertainty Index Impact Firm Performance? New Evidence from Vietnam

  • Thanh Huu Phu Nguyen,
  • Gia Luat Diep,
  • Ho Hoang Gia Bao,
  • Hoang Phong Le

摘要

This is the first study to explore the impact of the World Uncertainty Index (WUI) on the performance of firms listed on the Vietnamese stock market. We utilize the System Generalized Method of Moments (SGMM) method along with data containing 3,800 firm-year observations and find that the WUI significantly impairs firm performance. The robustness of the results was verified using various analyses. The study draws important conclusions and policy recommendations, stressing the need for policymakers and business managers to succinctly outline strategies for communication and risk management in times of uncertainty.