ISSN 2394-5125
 

Research Article 


STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY

Nguyen Ho Phi Ha, Phung Duy Quang.

Abstract
Vietnam has currently followed the socialist oriented market economy and was shifted from a highly centralized
command economy in the 1970s and 1980s. Since economic renovation in 1986, Vietnamís economy has
expanded at an annually rate in excess of seven percent. In the light of economic reform, Vietnam has much
affected from the global economic issues. This paper is to find out the relationship between energy prices and
firm performance listed on Ho Chi Minh City Stock Exchange in Vietnam. Based on an advanced mathematics
approach and the sample data set covering in the period of time 2013 to 2020, and analyze the optimal lag
length. The results indicate that changing in energy price has a significant and positive impact on the financial
performance and this effect is running on the same way. The study also recommends that using hedging and
portfolio options could be reduced the wavelet of energy price fluctuations.

Key words: oil price, firm performance, hedging and portfolio options, Vietnam


 
ARTICLE TOOLS
Abstract
PDF Fulltext
How to cite this articleHow to cite this article
Citation Tools
Related Records
 Articles by Nguyen Ho Phi Ha
Articles by Phung Duy Quang
on Google
on Google Scholar


How to Cite this Article
Pubmed Style

Nguyen Ho Phi Ha, Phung Duy Quang. STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY. JCR. 2020; 7(10): 2421-2427. doi:10.31838/jcr.07.10.411


Web Style

Nguyen Ho Phi Ha, Phung Duy Quang. STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY. http://www.jcreview.com/?mno=127159 [Access: August 18, 2021]. doi:10.31838/jcr.07.10.411


AMA (American Medical Association) Style

Nguyen Ho Phi Ha, Phung Duy Quang. STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY. JCR. 2020; 7(10): 2421-2427. doi:10.31838/jcr.07.10.411



Vancouver/ICMJE Style

Nguyen Ho Phi Ha, Phung Duy Quang. STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY. JCR. (2020), [cited August 18, 2021]; 7(10): 2421-2427. doi:10.31838/jcr.07.10.411



Harvard Style

Nguyen Ho Phi Ha, Phung Duy Quang (2020) STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY. JCR, 7 (10), 2421-2427. doi:10.31838/jcr.07.10.411



Turabian Style

Nguyen Ho Phi Ha, Phung Duy Quang. 2020. STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY. Journal of Critical Reviews, 7 (10), 2421-2427. doi:10.31838/jcr.07.10.411



Chicago Style

Nguyen Ho Phi Ha, Phung Duy Quang. "STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY." Journal of Critical Reviews 7 (2020), 2421-2427. doi:10.31838/jcr.07.10.411



MLA (The Modern Language Association) Style

Nguyen Ho Phi Ha, Phung Duy Quang. "STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY." Journal of Critical Reviews 7.10 (2020), 2421-2427. Print. doi:10.31838/jcr.07.10.411



APA (American Psychological Association) Style

Nguyen Ho Phi Ha, Phung Duy Quang (2020) STUDY ON THE IMPACT OF ENERGY PRICE ON FIRM PERFORMANCE: A FIRM-LEVEL ANALYSIS IN THE ENERGY INDUSTRY. Journal of Critical Reviews, 7 (10), 2421-2427. doi:10.31838/jcr.07.10.411