Quoc Trung Tran, Quoc Trung
Unknown Affiliation

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 3 Documents
Search

SUSTAINABILITY OF HOUSEHOLDS’ SEAFOOD PROCESSING ACTIVITIES IN MEKONG DELTA Nguyen, Xuan Minh; Tran, Quoc Trung
ASIAN JOURNAL FOR POVERTY STUDIES (AJPS) Vol 1, No 2 (2015)
Publisher : Regional Network on Poverty Eradication

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Seafood processing industry including companies and households accounts for 35% of Mekong delta’s total agricultural output. The former mainly concentrates on exports; their processing activities are required and supervised to meet manycriteria of sustainable development and corporate social responsibility by foreign importers. Meanwhile, the latter’s production is for the local market; its processing activities mainly rely on experience and surrounding environment.This study focuses on sustainability of households’ seafood processing activities with three pillars including economic, social and environmental ones. The research sample of 300 households was collected in 6 provinces of Mekong deltaincluding Ben Tre, Ca Mau, Tien Giang, Dong Thap, Tra Vinh, Bac Lieu in July 2014. Research findings show that from the economic perspective, physical facilities are outdated; revenues and profits are not stable and household havemore difficulties in collecting materials, obtaining loans for their business and selling their products. In addition, from social perspective, the average income for seasonal workers is at low levels with 60% paid from 50 - 80 thousands VNDper day and 70% of surveyed households have members and seasonal workers suffering from syndromes of work-related diseases including sinusitis, rheumatism, dermatology, eye itching. Moreover, the environment surrounding seafood processing households is seriously polluted with 71% of households discharging untreated wastewater into nearby seas, rivers and canals and disposing solid wastes around their houses. Therefore, 80% of households fail to control and kill insects such as flies and bluebottles in their processing area, especially up to 50% failing to know the origins of anti-insect chemistries used. Based on these findings, this paper delivers implications and recommendations for the local government and households to improve the sustainability of households’ seafood processing activities in Mekong delta.
Are Foreign Investors Afraid Of State Ownership? Thi, Quynh Nga Nguyen; Tran, Quoc Trung
Indonesian Capital Market Review Vol. 13, No. 1
Publisher : UI Scholars Hub

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

State ownership may help firms have better access to credit and lower financing costs but it also results in “double agency” problem. This paper investigates whether foreign investors are afraid of investing in firms with state ownership. Our research sample includes 4,079 firm-years from 567 firms listed in Vietnamese stock markets during the period 2008-2017. We employ probit and tobit models to examine how state ownership determines foreign investors’ likelihood to invest and investment magnitude respectively. Furthermore, we continue to examine how an increase in state ownership changes foreign ownership. We find that firms with higher state ownership have lower foreign ownership. Besides, an increase in state ownership reduces foreign ownership. These findings imply that foreign investors tend to avoid investing in firms with high state ownership due to their concern for “double agency” problem.
Monetary Policy and Corporate Risk-Taking: Evidence From an Emerging Market Tran, Quoc Trung; Truong, Thi Thuy Trang
Indonesian Capital Market Review Vol. 13, No. 2
Publisher : UI Scholars Hub

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study examines how monetary loosening influences risk-taking of companies listed in Vietnamese stock exchanges in the period from 2009 to 2019. Our research sample consists of 4,358 observations from 566 listed firms. Using the Pooled OLS regression model, we find that expansionary policy increases corporate risk-taking. Our research findings also demonstrate that firms with high leverage engage more in risk-taking activities, while firm size, state ownership and foreign ownership negatively affects corporate risk-taking. The research results imply that corporate managers, shareholders and policymakers in emerging markets should consider the nexus between monetary policy and corporate risk-taking levels during their decision-making process.