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: 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
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Thư viện lưu trữ: Thư viện Trường Đại học Đà Lạt
id oai:scholar.dlu.edu.vn:123456789-1549
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spelling oai:scholar.dlu.edu.vn:123456789-15492022-10-27T00:04:12Z Employee-friendly practices and corporate financial performance: Evidence from a frontier market Nguyễn, Đức Nguyên Trương, Quang Thái Trần, Nhật Thiện Đặng, Thu Thủy 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 2022-10-20T00:39:59Z 2022-10-20T00:39:59Z 2022 Journal article Bài báo đăng trên tạp chí thuộc ISI, bao gồm book chapter http://scholar.dlu.edu.vn/handle/123456789/1549 10.1080/23311975.2022.2122163 en Cogent Business & Management Taylor & Francis
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
Nguyễn, Đức Nguyên
Trương, Quang Thái
Trần, Nhật Thiện
Đặng, Thu Thủy
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 Nguyễn, Đức Nguyên
Trương, Quang Thái
Trần, Nhật Thiện
Đặng, Thu Thủy
author_facet Nguyễn, Đức Nguyên
Trương, Quang Thái
Trần, Nhật Thiện
Đặng, Thu Thủy
author_sort Nguyễn, Đức Nguyên
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/123456789/1549
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