Applying B-score model to analyze factors affecting financial risk at medical companies listed on Vietnam’s stock market

Abstract

The paper focused on analyzing factors affecting financial risks using the B-score model (Bathory, 1984), financial and non-financial information from 2016 - 2020 of 21 medical enterprises listed on the stock market in Vietnam. The research focused on developing research hypotheses using descriptive statistics, correlations, regression between dependent, dependent and controlling variables using EViews software making use of a data set of 105 observations at 21 medical enterprises listed from 2016 to 2020. The findings showed that in the situation of the stock market in Vietnam, the financial risks of medical enterprises have negative relationships with Debt Structure (DS), positive relationships with liabilities ratio (ALR), Return On Sales (ROS), and Total Asset Turnover (TAT).

Keywords

• cơ cấu nợ
• cấu trúc tài chính
• hiệu suất hoạt động
• khả năng thanh toán
• rủi ro tài chính