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Table 1.

Descriptions of variables.

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Table 2.

Descriptive statistics of dependent variables.

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Table 2 Expand

Table 3.

Descriptive statistics of explanatory variables.

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Fig 1.

The step–by–step procedures used in the study’s empirical methodology.

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Table 4.

The financial distress of Vietnamese firms using both ICR and TIE as proxies for financial distress.

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Table 4 Expand

Table 5.

The stepwise logistic regression analysis for the full sample.

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Table 6.

A summary of selected variables in predicting financial distress across scenarios in Vietnam.

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Table 6 Expand

Table 7.

The overall EMS estimates for each industry.

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