Featured Papers in Corporate Finance and Governance

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Business and Entrepreneurship".

Deadline for manuscript submissions: 31 December 2024 | Viewed by 1140

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Guest Editor

Special Issue Information

Dear Colleagues,

Corporate finance is a subfield of finance that focuses on the financial decisions adopted by corporations and the various methods they use to raise capital for investments, operations, and expansion. The three primary elements of corporate finance are working capital management, capital planning, and capital financing. Its main goal is to optimize risk and profitability while maximizing shareholder value. Corporate governance is the term used to describe the policies, guidelines, and processes that control how an organization operates. It is an assurance that the company will maintain diversity, accountability, equity, and transparency. Corporate finance and governance have close ties, with finance focusing on asset management, while governance provides ethical and strategic guidance. A company’s financial health and accountability are powered by its mutually beneficial partnership.

Submissions on a broad range of theoretical and empirically oriented topics are very welcome, including but not limited to the drivers of firm performance, liquidity, cash flow, risk, dividend policy, capital structure, effective tax rate, or the effects of various corporate governance mechanisms on value creation in different company types in a national or international context.

Prof. Dr. Ştefan Cristian Gherghina
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • firm performance
  • liquidity
  • cash flow
  • risk
  • dividend policy
  • capital structure
  • effective corporate taxation
  • corporate governance mechanisms
  • corporate social responsibility
  • mergers and acquisitions

Published Papers (1 paper)

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Research

21 pages, 432 KiB  
Article
The Influence of Financial Indicators on Vietnamese Enterprise’s Sustainability Reports Disclosing Process
by Nguyen Thi Mai Anh, Nguyen Thanh An, Nguyen Thi Minh Ngoc and Vu Ngoc Xuan
J. Risk Financial Manag. 2024, 17(4), 146; https://doi.org/10.3390/jrfm17040146 - 04 Apr 2024
Viewed by 951
Abstract
Sustainability reporting has become increasingly crucial for businesses worldwide, communicating environmental, social, and governance (ESG) performance to stakeholders. Despite the growing importance of sustainability reporting, there remains a gap in understanding how financial indicators influence the disclosure process, particularly in Vietnamese enterprises. This [...] Read more.
Sustainability reporting has become increasingly crucial for businesses worldwide, communicating environmental, social, and governance (ESG) performance to stakeholders. Despite the growing importance of sustainability reporting, there remains a gap in understanding how financial indicators influence the disclosure process, particularly in Vietnamese enterprises. This paper aims to address this gap by investigating the influence of financial indicators on the sustainability reporting practices of Vietnamese companies. Employing a mixed-methods approach, combining a quantitative analysis of financial data with a qualitative assessment of sustainability reports, the research seeks to uncover the nuanced relationship between financial performance metrics and the quality and extent of sustainability disclosures. The research was conducted to identify, evaluate, and measure financial factors affecting the quality of companies’ sustainability reports in Vietnam. The research is based on scoring the sustainable development reports of the top 100 listed joint stock companies on the HOSE—Ho Chi Minh City Stock Exchange. Based on the research model of Dissanayake, in the case of Vietnam, we build a scoring model for the sustainable development report based on GRI standards and add additional criteria appropriate to the situation of each listed company on the Vietnam stock exchange. Based on the research overview, our team tested hypotheses related to the short-term current ratio, total asset turnover ratio (AT), return on equity ratio (ROE), and debt-to-equity ratio (DE). The empirical results show that the AT and ROE significantly positively affect the sustainability reports; the DE hurts the sustainability reports. The findings are expected to provide valuable insights into the factors shaping sustainability reporting practices in Vietnam and contribute to the existing literature on corporate disclosure and sustainability. Full article
(This article belongs to the Special Issue Featured Papers in Corporate Finance and Governance)
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