The Effect of Factors on Operational Efficiency and the Relationship between Operational Efficiency and Solvency of Logistics Joint-Stock Companies

Operational Efficiency (OE) and solvency play an important role in the success of any enterprises. Therefore, studying the relationship between OE and solvency needs to be taken comprehensively and continuously in order to find out long –term solutions for increasing business effectiveness. This paper examines the determinants of OE and the relationship between OE and solvency of the logistics joint-stock companies (JSCs) listed on the Vietnam Stock market with answers for the above - mentioned issues. This study mainly investigates 30 listed logistics firms from 2014 to 2018. The findings of this study sugg