Employee-friendly practices and corporate financial performance: Evidence from a frontier market

This study investigates the association between employee-friendly schemes and firm financial performance using a frontier market, Vietnam, as a research context. We employ Anphabe’s “Top 100 Vietnam Best Places to Work” lists to identify companies with ideal employee-friendly practices. Using a data...

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Những tác giả chính:	Nguyen, Duc Nguyen, Tran, Nhat Thien, Truong, Quang Thai, Dang, Thi Thuy
Định dạng:	Journal article
Ngôn ngữ:	English
Được phát hành:	Taylor & Francis 2022
Những chủ đề:	employee-friendly practices financial performance frontier market Vietnam
Truy cập trực tuyến:	http://scholar.dlu.edu.vn/handle/123456789/1412
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id	oai:scholar.dlu.edu.vn:123456789-1412
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spelling	oai:scholar.dlu.edu.vn:123456789-14122022-10-12T15:35:53Z Employee-friendly practices and corporate financial performance: Evidence from a frontier market Nguyen, Duc Nguyen Tran, Nhat Thien Truong, Quang Thai Dang, Thi Thuy employee-friendly practices financial performance frontier market Vietnam This study investigates the association between employee-friendly schemes and firm financial performance using a frontier market, Vietnam, as a research context. We employ Anphabe’s “Top 100 Vietnam Best Places to Work” lists to identify companies with ideal employee-friendly practices. Using a data sample of more than 3,800 firm-year observations, we document a strong and positive relationship between employee welfare and firm performance measured by Tobin’s q. Our result is robust to a battery of sensitivity tests, including an alternative indicator of financial performance, alternative selection criteria, and different econometric techniques. 9 1 2122163 2022-10-12T15:35:53Z 2022-10-12T15:35:53Z 2022-09 Journal article Bài báo đăng trên tạp chí thuộc ISI, bao gồm book chapter http://scholar.dlu.edu.vn/handle/123456789/1412 en Cogent Business & Management 2331-1975 Taylor & Francis Cogent Business & Management
institution	Thư viện Trường Đại học Đà Lạt
collection	Thư viện số
language	English
topic	employee-friendly practices financial performance frontier market Vietnam
spellingShingle	employee-friendly practices financial performance frontier market Vietnam Nguyen, Duc Nguyen Tran, Nhat Thien Truong, Quang Thai Dang, Thi Thuy Employee-friendly practices and corporate financial performance: Evidence from a frontier market
description	This study investigates the association between employee-friendly schemes and firm financial performance using a frontier market, Vietnam, as a research context. We employ Anphabe’s “Top 100 Vietnam Best Places to Work” lists to identify companies with ideal employee-friendly practices. Using a data sample of more than 3,800 firm-year observations, we document a strong and positive relationship between employee welfare and firm performance measured by Tobin’s q. Our result is robust to a battery of sensitivity tests, including an alternative indicator of financial performance, alternative selection criteria, and different econometric techniques.
format	Journal article
author	Nguyen, Duc Nguyen Tran, Nhat Thien Truong, Quang Thai Dang, Thi Thuy
author_facet	Nguyen, Duc Nguyen Tran, Nhat Thien Truong, Quang Thai Dang, Thi Thuy
author_sort	Nguyen, Duc Nguyen
title	Employee-friendly practices and corporate financial performance: Evidence from a frontier market
title_short	Employee-friendly practices and corporate financial performance: Evidence from a frontier market
title_full	Employee-friendly practices and corporate financial performance: Evidence from a frontier market
title_fullStr	Employee-friendly practices and corporate financial performance: Evidence from a frontier market
title_full_unstemmed	Employee-friendly practices and corporate financial performance: Evidence from a frontier market
title_sort	employee-friendly practices and corporate financial performance: evidence from a frontier market
publisher	Taylor & Francis
publishDate	2022
url	http://scholar.dlu.edu.vn/handle/123456789/1412
_version_	1768306037344960512

Employee-friendly practices and corporate financial performance: Evidence from a frontier market

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