|dc.description.abstract||This study aims to investigate the effect of corporate ownership on the corporate performance of listed
companies in the construction and construction material sectors in Vietnam during the period 2011 to 2014.
Four ownership structures are addressed: concentrated ownership, foreign ownership, insider ownership, and
institutional ownership. Corporate performance is measured by the following indicators: return on assets
(ROA), return on equity (ROE), Tobin’s Q, and company’s market-to-book value (MBV). The annual data of
73 listed companies in the construction and construction material sector are used. The total number of
observations is 292. Regression analysis with fixed effect model is performed.
The results show that concentrated and institutional ownership have a significant relationship with corporate
performance at 10% significance level. Foreign ownership is found to have a negative significant impact on
corporate performance at 1% significance level. In addition, insider ownership has no significant effect on
corporate performance. This study provides insights on how companies can achieve a better performance level.
Future studies can collect data with a larger number of companies or in other sectors. Further studies on this
topic could also be conducted using another time frame.||en_US