Abstract
This paper aims to investigate the factors affecting the profitability of agricultural companies in Vietnam. The study is conducted using data from 30 listed agricultural companies on the Vietnamese stock market during 2020-2022. This study uses linear regression models including ordinary least squares (OLS), fixed effect (FE) and random effect (RE) models. In addition, the tests are also conducted to select the appropriate model. In this study, the company's profitability is measured by return on assets (ROA). The results of the study show that economic growth has a positive impact on profitability; leverage, company size and inflation have a negative impact on profitability, while revenue growth rate and current ratio do not affect the profitability of the business.
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