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...

Mô tả đầy đủ

Đã lưu trong:
Chi tiết về thư mục
Những tác giả chính: Nguyễn, Đức Nguyên, Trương, Quang Thái, Trần, Nhật Thiện, Đặng, Thu Thủy
Định dạng: Journal article
Ngôn ngữ:English
Được phát hành: Taylor & Francis 2022
Những chủ đề:
Truy cập trực tuyến:http://scholar.dlu.edu.vn/handle/123456789/1549
Các nhãn: Thêm thẻ
Không có thẻ, Là người đầu tiên thẻ bản ghi này!
Thư viện lưu trữ: Thư viện Trường Đại học Đà Lạt
Miêu tả
Tóm tắt: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.