Financial Risk Management in Case of Viet Nam Real Estate Industry under the Impacts of Competitors and Leverage during and after the Global Crisis | Chapter 13 | Current Perspective to Economics and Management Vol. 4

Risk management ocvering financial risk management is really necessary in many kinds of firms in recent years. Financial risk in real estate industry has become a hot issue during and after the clobal crisis 2007-2011. In developing countries such as Vietnam, financial risk management via measuring market risk, is among risk tools to present risk policies for companies and government.

Using a two (2) factors model, this chapter analyzes the impacts of both financial leverage and the size of firms’ competitors in the real estate industry on the market risk level of 45 listed companies in this category.

This paper founds out that the risk dispersion level in this sample study could be minimized in case financial leverage decreases down to 20% and the competitor size keeping approximate size as current (measured by equity beta var of 0,195).

Beside, the empirical research findings show us that the risk level could be reduced when financial leverage increases up to 30% and the size of competitor slightly smaller (measured by equity beta value of 0,736).

Last but not least, this paper illustrates calculated results that might give proper recommendations to relevant governments and institutions in re-evaluating their policies during and after the financial crisis 2007-2011.

Author(s) Details

Dinh Tran Ngoc Huy
Banking University, Ho Chi Minh City, Vietnam and Graduate School of International Management, International University of Japan, Niigata, Japan.

Pham Tuan Anh
Thuongmai University, Vietnam.

Nguyen Duy Mau
Faculty of Economics and Business Administration, DaLat University, Vietnam.

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Problems and Prospects of Private Sector Organizations in Nigeria | Chapter 11 | Current Perspective to Economics and Management Vol. 4

This paper focused on the challenges and prospects of private sector organizations as the main engines of economic growth and development in Nigeria. It discussed the concepts of organization, the prospects and challenges of private sector-led growth in Nigeria. The study examined the current business environment and discussed ways of encouraging the private sector organizations in Nigeria to act as a catalyst of economic growth and development. The paper posits that to achieve a desired sustainable private sector led growth of the economy, it is imperative for government to continuously put in place policies and programs that will encourage private sector participation and contribution to the development process. Finally it concluded that there is growth in the financial performance of private sector organizations and its sustained prospects and success hinged on all those series of initiatives and policies of the government to advances private sector led growth and transform the country into an economy that is robust, stable, dynamic, export-led and competitive.

Author(s) Details

Dr. Monday Osemeke
Department of Business Administration, College of Management and Social Sciences, Samuel Adegboyega University, Ogwa, Edo State, Nigeria.

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An Impact of Management Information Systems on Corporate Sustainability: A Survey | Chapter 12 | Current Perspective to Economics and Management Vol. 4

Management information systems and its significance and impact in today’s corporate world are determined based on several factors pertaining to sustainability and green revolution. A framework for the competency model among the sustainable corporation is outlined. Management information system and its impact on the corporate world are detailed; along with a framework of modern view of corporate sustainability is explained. Finally as theoretical contributions of this work, proposed four schools of thought for today’s business organization to remain sustainable.

Author(s) Details

Dr. Srinivas Nowduri
Department of Management, College of Business Administration, American University in the Emirates, International Academic City, Block 06, Dubai, United Arab Emirates.

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