The Relationship between Firm Sizes and Stock Returns of Service Sector in Ho Chi Minh City Stock Exchange

  •  Nguyen Thanh Duy    
  •  Nguyen Pham Huu Phuoc    


The paper aims at investigating the existence of size effect in Vietnamese financial market. Particularly, the relationship between firm size and stock turns would be explored. Having 160 observations of the companies in service sector from 2009 to 2014, the multiple regression model was employed to test that effect. As a result, a significantly negative relationship between firm size and stock returns was studied. Besides, some implications and limitations were also discussed.

This work is licensed under a Creative Commons Attribution 4.0 License.
  • ISSN(Print): 1918-7173
  • ISSN(Online): 1918-7181
  • Started: 2009
  • Frequency: quarterly

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