IDEAS home Printed from https://ideas.repec.org/a/jfr/rwe111/v6y2015i1p85-98.html
   My bibliography  Save this article

Management Styles and Organisational Effectiveness in Vietnam: A Comparison in Terms of Management Practices between State-owned and Foreign Enterprises

Author

Listed:
  • Nhu-Ty Nguyen
  • Thanh-Tuyen Tran
  • Chia-Nan Wang

Abstract

Human capital initiatives play a vital role in resolving the most pressing business challenges. The effective management of human poses new challenges in the organization for leadership and managerial capabilities. The current study aims to analyze the factors that are closely associated with employee satisfaction in both Vietnamese state-owned enterprise and foreign-owned enterprise in order to understand the difference of management practices. The response was taken from a sample of 250 respondents in either two types of business and the data are carried out by using multiple statistical analyses, including exploratory factor analysis, reliability test, mean point value, and multiple linear regressions. The results indicate that for the state-owned enterprise, recruitment process is the most important factor that helps to improve the satisfaction of employee. Besides, for the foreign-owned enterprise, as the results of the current study, performance appraisal process is the main point to solve employee¡®s problems. The findings also provide useful implications for managers in terms of improving human capital quality, and stabilizing the labor resources and reducing the turnover rate for both state-owned enterprise and foreign-owned enterprises.

Suggested Citation

  • Nhu-Ty Nguyen & Thanh-Tuyen Tran & Chia-Nan Wang, 2015. "Management Styles and Organisational Effectiveness in Vietnam: A Comparison in Terms of Management Practices between State-owned and Foreign Enterprises," Research in World Economy, Research in World Economy, Sciedu Press, vol. 6(1), pages 85-98, March.
    • Handle: RePEc:jfr:rwe111:v:6:y:2015:i:1:p:85-98
    as

    Download full text from publisher

    File URL: http://www.sciedu.ca/journal/index.php/rwe/article/view/6199/3775
    Download Restriction: no
    File URL: http://www.sciedu.ca/journal/index.php/rwe/article/view/6199
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Petri Böckerman & Pekka Ilmakunnas, 2009. "Unemployment and self‐assessed health: evidence from panel data," Health Economics, John Wiley & Sons, Ltd., vol. 18(2), pages 161-179, February.
    2. Lai Wang Wang & Thanh Tuyen Tran & Nhu Ty Nguyen, 2014. "Analyzing Factors to Improve Service Quality of Local Specialties Restaurants: A Comparison with Fast Food Restaurants in Southern Vietnam," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 4(11), pages 1592-1606.
    3. Lai Wang Wang & Thanh Tuyen Tran, 2014. "Analyzing Factors to Improve Service Quality of Local Specialties Restaurants: A Comparison with Fast Food Restaurants in Southern Vietnam," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 4(11), pages 1592-1606, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sorizo, Reena Beth & Densing, Filjhon & Tura, Regine & Balacy, Garnette Mae, 2016. "Characterizing Life Insurance Marketing: Clients' Perspectives," MPRA Paper 74941, University Library of Munich, Germany, revised 17 Nov 2016.
    2. Chia-Nan Wang & Dinh-Chien Dang & Nguyen Van Thanh & Pham Ky Quang, 2018. "A Study of Customers¡¯ Behavior in the Use of Pharmaceutical Services ¨C Drugstores in the South of Vietnam," Research in World Economy, Research in World Economy, Sciedu Press, vol. 9(1), pages 1-8, June.
    3. Nguyen Thi Thuy Linh & Teh Choon Jin & Tee Poh Kiong & Benjamin Chan Yin Fah, 2016. "Work-family conflict and employee job satisfaction: A comparison of state-owned and foreign-invested enterprises in Vietnam," Journal of Asian Business Strategy, Asian Economic and Social Society, vol. 6(4), pages 63-72, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lídia Farré & Francesco Fasani & Hannes Mueller, 2018. "Feeling useless: the effect of unemployment on mental health in the Great Recession," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 7(1), pages 1-34, December.
    2. Guo, Shu & Zhang, ZhongXiang, 2023. "Green credit policy and total factor productivity: Evidence from Chinese listed companies," Energy Economics, Elsevier, vol. 128(C).
    3. Apouey, Bénédicte H. & Guven, Cahit & Senik, Claudia, 2019. "Retirement and Unexpected Health Shocks," Economics & Human Biology, Elsevier, vol. 33(C), pages 116-123.
    4. Thomas Barnay, 2016. "Health, work and working conditions: a review of the European economic literature," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 17(6), pages 693-709, July.
    5. Howdon, D., 2012. "Time and chance happen to them all? Duration modelling versus lifetime incidence of cancer," Health, Econometrics and Data Group (HEDG) Working Papers 12/06, HEDG, c/o Department of Economics, University of York.
    6. Lars Kunze & Nicolai Suppa, 2014. "Bowling Alone or Bowling at All? The Effect of Unemployment on Social Participation," Ruhr Economic Papers 0510, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    7. Emmanuel Duguet & Christine Le Clainche, 2020. "The Socioeconomic and Gender Impacts of Health Events on Employment Transitions in France: A Panel Data Study," Journal of Human Capital, University of Chicago Press, vol. 14(3), pages 449-483.
    8. Everding, Jakob & Marcus, Jan, 2020. "The effect of unemployment on the smoking behavior of couples," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 29(2), pages 154-170.
    9. Binder, Martin & Coad, Alex, 2013. "“I'm afraid I have bad news for you…” Estimating the impact of different health impairments on subjective well-being," Social Science & Medicine, Elsevier, vol. 87(C), pages 155-167.
    10. Gebel, Michael & Voßemer, Jonas, 2014. "The impact of employment transitions on health in Germany. A difference-in-differences propensity score matching approach," Social Science & Medicine, Elsevier, vol. 108(C), pages 128-136.
    11. Benjamin Crost, 2011. "The Effect of Subsidized Employment on Happiness," SOEPpapers on Multidisciplinary Panel Data Research 384, DIW Berlin, The German Socio-Economic Panel (SOEP).
    12. Kunze, Lars & Suppa, Nicolai, 2017. "Bowling alone or bowling at all? The effect of unemployment on social participation," Journal of Economic Behavior & Organization, Elsevier, vol. 133(C), pages 213-235.
    13. Marta Lachowska, 2017. "Outside options and wages: What can we learn from subjective assessments?," Empirical Economics, Springer, vol. 52(1), pages 79-121, February.
    14. Salm, Martin, 2009. "Does Job Loss Cause Ill Health?," IZA Discussion Papers 4147, Institute of Labor Economics (IZA).
    15. Ronchetti, Jérôme & Terriau, Anthony, 2021. "Help me quit smoking but don't make me sick! The controversial effects of electronic cigarettes on tobacco smokers," Social Science & Medicine, Elsevier, vol. 274(C).
    16. Huber, Martin & Lechner, Michael & Wunsch, Conny, 2015. "Workplace health promotion and labour market performance of employees," Journal of Health Economics, Elsevier, vol. 43(C), pages 170-189.
    17. Ásgeirsdóttir, Tinna Laufey & Corman, Hope & Noonan, Kelly & Reichman, Nancy E., 2016. "Lifecycle effects of a recession on health behaviors: Boom, bust, and recovery in Iceland," Economics & Human Biology, Elsevier, vol. 20(C), pages 90-107.
    18. Daniel Kuehnle & Christoph Wunder, 2017. "The Effects of Smoking Bans on Self‐Assessed Health: Evidence from Germany," Health Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 321-337, March.
    19. Anthony Lepinteur, 2021. "The asymmetric experience of gains and losses in job security on health," Health Economics, John Wiley & Sons, Ltd., vol. 30(9), pages 2217-2229, September.
    20. Arie Kapteyn & James P. Smith & Arthur van Soest, 2009. "Work Disability, Work, and Justification Bias in Europe and the U.S," Working Papers wp207, University of Michigan, Michigan Retirement Research Center.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jfr:rwe111:v:6:y:2015:i:1:p:85-98. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gina Perry (email available below). General contact details of provider: http://rwe.sciedupress.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.