Meanings Of Weighted Beta Capm Index And Beta Derminants Of Vietcombank In Vietnam During Pre-Low Inflation Time 2011-2016 In The Concept Of Sustainability


Leng Thi Lan, PhD
Thai Nguyen University of Agriculture and Forestry, Vietnam.
Dinh Tran Ngoc Huy, MBA, PhD candidate (corresponding)
Banking University HCMC, Ho Chi Minh city Vietnam.
Nguyen Dinh Trung, PhD
National Economics University (NEU), Vietnam.
Nguyen Thi Hang, PhD
Thai Nguyen University, University of Information and Communication Technology, Vietnam.


The aim of this study is to figure out the meanings of weighted beta index in bank sector and beta determinants of Vietcombank -VCB during pre-low (L) inflation period 2011-2016. In reality Vietcombank has gained many achievements but also there are certain weaknesses. Hung and Liu (2005) tested the volatility of airline betas in the capital asset pricing and three-factor pricing models, as well as exploring the potential factors affecting their values. While Fama and Frech (2004) suggest to add firm size into traditional formula of beta CAPM. The study results tell us that Market risk can increased and This may be caused by the increase in lending rate and decrease in both CPI and G (from our regression OLS). Therefore, governmental agencies need to reduce lending rate and increase GDP growth and not decreasing much CPI.