

<strong>Paper Title</strong><br>

The Impacts of Capital Structure and Provincial Institutional Quality on the Efficiency of Vietnamese Listed Firms<br>

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<strong>Abstract</strong><br>

This paper will discuss the impacts of capital structure and provincial institutional quality on firm performance measured by firm efficiency in Vietnam. By applying pooled OLS, random effects and fixed effects model, the results show that the positive impacts of total debt to assets ratio and short-term debt to assets ratio on firm efficiency, while long-term debt does not show a significant impact on firm efficiency. Moreover, firm efficiency is positively affected by provincial institutional quality.

Keywords - Firm Efficiency, Capital Structure, Provincial Institutional Quality, Data Envelopment Analysis, Random Effects Model, Fixed Effects Model.