Phát Triển Và Đa Dạng Hoá Sản Phẩm Du Lịch Dựa Trên Đánh Giá Tài Nguyên Tại Thị Xã Quảng Trị

Abstract

This paper analyzes the efficiency of financial management of listed tourism enterprises in Vietnam. The research uses data of 21 listed tourism companies from 2012 to 2017 with 123 samples. The fix-effect regression model and the random-effect regression model were used to evaluate the efficiency. The results show that the tangible asset investment rate and reinvestment rate in enterprises affect the financial administration effectiveness of the enterprises. Some key managerial implications include improving quality, strategy selection and evaluation of capital investment, improving the effectiveness of asset investment rate, and the choice of the model and form of dividend payment to increase retained earnings to reinvest in businesses.