Determinants Influencing the Operating Performance of Listed Military Enterprises in Vietnam

Abstract

This paper is conducted for examining the framework for impact of factors affecting the operating performance in financial aspects of listed military enterprises in Vietnam. Research design, data and methodology: This paper uses model factors affecting the operating performance in financial aspects of listed military enterprises in Vietnam. The survey subjects include managers, finance department heads, and finance department staff. The tool that helps to collect data in quantitative research is a questionnaire. The collected data, after going through the steps of coding, matrixing, and cleaning, is used to assess the reliability of the scale using Cronbach's Alpha coefficient, exploratory factor analysis (EFA), and regression model testing. Quality of information measured on a five-level Likert scale: Completely disagree, Disagree; Neutral; Agree; Completely agree. Results: Research results show that Macroeconomic conditions, Legal environment, Risk management, Financial resources and Quality of human resources have a positive impact on the operating performance in financial aspects of military enterprises in Vietnam. Conclusions: Based on the research results, the author has proposed recommendations to improve the operating performance of military enterprises in Vietnam

Key words: Operating performance, Listed military enterprises, Financial aspects

DOI: 10.7176/RJFA/17-4-03

Publication date: October 30^th 2026