The technological enhancement and its impact on corporate financial performance in the context of the industrial revolution 4.0: The case of Vietnam

Q1 Decision Sciences

Uncertain Supply Chain Management Pub Date : 2023-01-01 DOI:10.5267/j.uscm.2023.5.007

Luong Thu Thuy

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引用次数: 0

Abstract

Businesses play an important role in the economy in most countries. Businesses contribute to increased productivity, output and jobs for the economy. Therefore, governments of countries always create favorable business environments to help businesses operate more efficiently, and thereby contribute to the economy. Transforming the industrial revolution 4.0 has brought businesses certain benefits to operations, improving productivity and efficiency. Using data in real estate businesses, through regression analysis, the research results confirm the technology factor has not yet affected the financial performance of enterprises, which can show that businesses need enough time to absorb technology in production activities to have a change in its output. In addition, there exists the negative relationship of leverage in the business and financial performance. Or it can also be confirmed that enterprises that choose their own capital are often more effective than enterprises that choose capital from loans and external financing. The study also confirms that enterprises with the ability to manage total asset turnover have higher financial efficiency. However, the research shows that interest rates have a negative effect on business operations, businesses with high interest rates have a negative effect on business operations, and vice versa.

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工业革命4.0背景下的技术提升及其对企业财务绩效的影响:以越南为例

在大多数国家，商业在经济中扮演着重要的角色。企业对提高生产力、产出和就业做出贡献。因此，各国政府总是创造良好的商业环境，帮助企业更有效地运作，从而为经济做出贡献。转型工业革命4.0为企业带来了一定的运营效益，提高了生产率和效率。利用房地产企业的数据，通过回归分析，研究结果证实技术因素尚未对企业的财务绩效产生影响，这可以说明企业在生产活动中需要足够的时间来吸收技术，从而使其产出发生变化。此外，杠杆在企业经营与财务绩效之间存在负相关关系。或者也可以证实，选择自有资金的企业往往比选择贷款和外部融资资金的企业更有效。研究还证实，具有管理总资产周转能力的企业具有更高的财务效率。然而，研究表明，利率对企业经营有负面影响，利率高的企业对企业经营有负面影响，反之亦然。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Uncertain Supply Chain Management Decision Sciences-Statistics, Probability and Uncertainty

CiteScore

5.60

自引率

0.00%

发文量

112

期刊介绍： Supply chain management (SCM) plays an essential role in managing the movement of raw materials into an organization, certain issues of the internal processing of materials into finished goods, and the movement of finished products out of the organization for end-consumer delivery. The goal of SCM is to improve trust and collaboration among supply chain partners and to improve inventory visibility. However, many SCM problems deal with uncertain events such as uncertainty in demand, supply, quality, price, etc. This forum is dedicated to all scholars who wish to share their ideas about uncertainty in SCM problems. Uncertain supply chain management is a quarterly publication dedicated to all scientists in all over the world who wish to share their experiences and knowledge in this field. Our policy is to perform a peer review on all submitted articles and publishes original and high quality articles.