Journal of Economic Development, S. 219 (2014)

Cỡ chữ:  Nhỏ  Vừa  Lớn

An Analysis of Factors Affecting Decisions on Investment in HCMC Municipal Bonds

Nguyễn Thị Mỹ Linh, Phùng Thị Cẩm Tú, Đào Thị Minh Huyền, Dương Thị Bình Minh, Vũ Thị Minh Hằng, Diệp Gia Luật

Tóm tắt

The paper analyzes factors affecting decisions on investment in HCMC municipal bonds for infrastructure projects. Results of EFA and regression analysis show that decisions on investment in HCMC municipal bonds depend on five factors with adjusted R2 equaling 72,1%: (1) government’s policies; (2) bonds and issuers; (3) infrastructure projects and socioeconomic conditions; (4) economicfactors; and (5) impacts of relevant markets. This serves as a basis for policy recommendations that aim at enhancing the mobilizing power of municipal bonds for infrastructure project in particular and socioeconomic development in HCMC in general.

University of Economics HCMC


ISSN: 1859-1116