Improve Payment Capacity For Brokerage Companies On The Stock Market

Abstract

Research factors affecting brokerage companies' payment capacity operating on the Vietnamese stock market. The study sample was 78 brokerage firms, corresponding to 236 observations between 2010 and 2021. Using qualitative research (synthetic methods; Interpretive and inductive methods) and quantitative research methods (linear regression methods), the author identified four factors affecting the settlement capacity of the brokerage company, including (1) the Securities company model; (2) the ability to pay quickly; (3) Debt ratio; (4) Working capital turnover period. Based on the research, the author offers some discussions and assessments on the crucial role of improving corporate financial capacity and financial solution recommendations aimed at improving payment capacity for brokerage companies.