Proceedings of 23rd International Business Research Conference
18 - 20 November, 2013, Marriott Hotel, Melbourne, Australia, ISBN: 978-1-922069-36-8
Cross-Listing Equity Valuation Model: A New Tool to Stimulate
Capital Mobilization of Vietnamese Companies
Nguyen Thi Minh Hue, Nguyen Dang Minh, Nguyen Thi Thuy Dzung, and Nguyen
Dang Toan
Economic intergration have been becoming the major trend in the international
economy including the Asia-Pacific region. Particularly, in the finance area, the
integration will lead to capital transferring among countries to get the most efficient
investment. One of the intergration way for Vietnam is to expand capital mobilization
from other regional countries, in which Vietnamese companies should list their stocks
in other regional securities markets, such as Singapore Securities Exchange, Australia
Securities Exchange. However, studying about stocks cross-listing have not been
done in Vietnam due to the lack of strategic tools and polices for Vietnamese
companies. The purpose of this paper is to propose suitable cross-listing equity
valuation model of Vietnamese companies as well as to draw implicit policies for
cross-listing strategies of Vietnam.
_____________________________________________
Nguyen Thi Minh Hue, School of Banking and Finance, National Economics University, Giai Phong Street, 207, Hai Ba
Trung Dist., Hanoi, VIETNAM, huenm@neu.edu.vn / minhhuektqd@gmail.com
Nguyen Dang Minh, University of Economics and Business, Vietnam National University, Hanoi, Xuan Thuy
street, Ha Noi, Vietnam, Nguyendangminh@hotmail.com
Nguyen
Thi
Thuy
Dzung,
Academy
of
Finance,
Phan
Huy
Nguyenthuydung.aug1988@yahoo.com
Nguyen Dang Toan, Independent, Nguyendangtoan1984@yahoo.com
1
Chu
street,
Ha
Noi,
Vietnam,