DETERMINANTS OF WORKING CAPITAL REQUIREMENTS: CASE OF VIETNAMESE CONGLOMERATES
Abstract
Using financial data from the top seven conglomerates from various industries during the five years from 2018 to 2022, this analysis seeks to uncover the influences influencing the working capital requirements of Vietnamese conglomerates. The findings show that various factors, including financial leverage, profitability, tangible assets, and GDP, exert considerable force on working capital requirements in Vietnamese conglomerates. This study adds useful insights to previous research on the factors that impact conglomerates' working capital requirements, which might aid managers of finances, investors, and financial advisors alike.

