Evaluating Impacts of a Six Factor Model on FPT Stock Price in Computer Industry in Vietnam - and Roles of it Governance and Data Security in Risk Management

Nguyen Van Thuy and Dinh Tran Ngoc Huy

Risk management at computer company such as FPT in Vietnam include risk management plan for both financial risk such as stock price dispersion, and IT risks including data loss and software protection, and operational risk such as risk of sea cables not working properly. Fluctuation of stock price in commercial banks in developing countries such as Vietnam will reflect the business health of bank system and the whole economy. Good business management requires us to consider the impacts of multi macro factors on stock price, and it contributes to promoting business plan and economic policies for economic growth and stabilizing macroeconomic factors. By data collection method through statistics, analysis, synthesis, comparison, quantitative analysis to generate qualitative comments and discussion; using econometric method to perform regression equation and evaluate quantitative results, the article analyzed and evaluated the impacts of six (6) macroeconomic factors on stock price of a joint stock commercial bank, FPT in Vietnam in the period of 2014-2019, both positive and negative sides. The results of quantitative research, in a seven factor model, show that the increase in GDP growth and lending rate and risk free rate has a significant effect on increasing FPT stock price with the highest impact coefficient, the second is decreasing the exchange rate. This research finding and recommended policy also can be used as reference in policy for computer system in many developing countries. For FPT management, they can manage risk of data loss by constructing data centre in Ho Chi Minh city, district 9 , for instance.

Volume 12 | Issue 7

Pages: 39-48

DOI: 10.5373/JARDCS/V12I7/20201982