Suchergebnisse

PurposeUnder the pressure of competition from non‐state‐owned enterprises (non‐SOEs) since the Renovation in 1986, the Government of Vietnam has sought to reform state‐owned enterprises (SOEs) in order to improve their productivity and efficiency. Whilst the theoretical efficiency benefits from the SOE reform have interested many, this study seeks to add empirical insights to this debate using Williamson's transaction cost economics (TCE).Design/methodology/approachOrganizational integration and transaction costs – two dimensions of firm efficiency – were compared between SOEs and non‐SOEs using multivariate analyses of variance (MANOVA). The analysis was conducted in the context of the within‐firm logistics processes of international multimodal transport (IMT) in Vietnam.FindingsSOEs were as efficient as non‐SOEs along organizational integration and transaction costs dimensions.Research limitations/implicationsResults of the study contribute to the ongoing research on SOEs reform in Vietnam. They add tentative support to the reform process, although the study also highlights the need for further research incorporating the wider motivation for the SOE reform and/or the broader influence of competition and private ownership.Originality/valueThis study assesses the efficiency of the SOE reform in Vietnam from a perspective that has never been done before, Williamson's TCE.

Corporate social responsibility (CSR) has been receiving increasing attention in the international community since the Sustainable Development Goals (SDGs) emphasise effective corporate partnership. CSR is one of the most critical instruments linking corporate activities to the SDGs. Among various stakeholders, consumers can play an essential role in motivating companies to become socially responsible. However, there is little evidence from developing countries about the linkage between CSR and consumers. This paper, therefore, examines the relationship between consumers&rsquo ; perception of a company&rsquo ; s CSR practices and their attitudes towards and intentions on purchasing its goods with empirical evidence from the Vietnamese food industry. The primary data was collected from 622 consumers using processed food in a self-administered survey in Northern Vietnam. Based on the structural equation modelling (SEM) analysis, this study shows that perception of CSR toward community has the most substantial influence on consumers&rsquo ; attitude, followed by the perception of CSR toward employees and perception of fair operating practices responsibility. Although Vietnamese consumers have knowledge of the CSR in the food processing industry, their response to either good or bad CSR practices is still insufficient. Hence, the Vietnamese government and civil society should actively intervene to strengthen CSR regulations and enhance consumers&rsquo ; CSR awareness.

This paper investigates the role of personality traits in nurturing entrepreneurial intention in South Korea and Vietnam. We developed a research model to examine the integrated influence of both positive entrepreneurial characteristics and dark triad on entrepreneurial intention in South Korea and Vietnam. Primary data was collected from 550 students in South Korea and 700 students in Vietnam using the convenient sampling method in a self-administered questionnaire survey. We used structural equation modelling (SEM) to analyse structural relationships between positive entrepreneurial attributes, dark triads, and entrepreneurial intention in two samples. T-tests were also performed to explore any differences in students' entrepreneurial intention in South Korea and Vietnam regarding their family background and gender. Findings showed that positive entrepreneurial attributes and dark triads influence entrepreneurial intention differently in the two countries. While the dark triad mainly influenced Vietnamese students' intention to startup, Korean students received more impact from the positive entrepreneurial characteristics such as risk tolerance, locus of control, and entrepreneurial alertness. Surprisingly, both gender and family tradition do not affect students' entrepreneurial intention. Based on our findings, we suggested that policymakers and higher education institutions in both South Korea and Vietnam promote students' entrepreneurial intentions in the future.

AbstractThe literature has documented the negative impacts of economic uncertainty on output, investment and employment; however, no current study considers the influence of economic uncertainty on the informal sectors. This study investigates the effects of both the level and volatility of economic uncertainty on the shadow economy, through a global sample. Various econometrical techniques and estimation strategies are applied to panel data of 116 countries from 2002 to 2015, and show three interesting findings. First, increases in both the level and volatility of economic uncertainty are found to increase the size of the shadow economy. These effects are documented consistently over the long‐term. Second, the impact of volatility is dominant over the impact of the level of economic uncertainty in increasing the size of the shadow economy. Third, the effects of economic uncertainty in increasing the size of the shadow economy are strong in low‐ and lower‐middle‐income economies, but less so in upper‐middle‐income economies, particularly in high‐income economies.

AbstractThis study examines how financial development influences economic complexity, using a broad index of financial development. By utilising a global sample of 86 countries over the period 2002–2017 and applying several econometric techniques, we find that financial institutions and financial markets, as well as their sub‐indices (financial depth, financial access and financial efficiency), have significantly positive impacts on economic complexity. Interestingly, financial institutions have a stronger effect than financial markets, and it is the same with financial efficiency over financial access and financial depth. Three subsamples comprising 28 low‐ and lower‐middle‐income countries, 22 upper‐middle‐income countries and 36 high‐income countries are examined.