Phung Anh Thu, Thai Hong Thuy Khanh
One of the criteria that firms consider when making financial decisions is the cost of debt. This research explored the relationship between Corporate Social Responsibility, Board Independence, State Ownership, and Debt Cost in Vietnam's Developing Countries. We use quantitative methods of linear regression to find out the relationship with a sample of 82 energy firms from 2007 to 2016. The findings show that there is a negative association between CSR, board independence, and state ownership on the cost of debt in Vietnamese energy firms. This study supports the policy implications for listed firms, investors, and creditors by improving corporate image and the effective cost of debt.