Human resource management practices and firm outcomes: evidence from Vietnam

Purpose The purpose of this paper is to estimate the effects of human resource management (HRM) practices on firm outcomes at the firm level in Vietnam. Design/methodology/approach The paper employs a fixed-effects framework for the...

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Những tác giả chính: Dang, Thang, Dung, Thai Tri, Phuong, Vu Thi, Vinh, Tran Dinh
Định dạng: Bài viết
Ngôn ngữ:English
Được phát hành: University of Economics Ho Chi Minh City 2023
Truy cập trực tuyến:https://www.emerald.com/insight/content/doi/10.1108/JABES-10-2018-0076/full/html
http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115528
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spelling oai:scholar.dlu.edu.vn:DLU123456789-1155282023-03-08T03:56:48Z Human resource management practices and firm outcomes: evidence from Vietnam Dang, Thang Dung, Thai Tri Phuong, Vu Thi Vinh, Tran Dinh Purpose The purpose of this paper is to estimate the effects of human resource management (HRM) practices on firm outcomes at the firm level in Vietnam. Design/methodology/approach The paper employs a fixed-effects framework for the estimation using a panel sample of manufacturing firms from small- and medium-sized enterprise surveys between 2009 and 2013. Findings The paper finds that, on average, a firm that provides the training for new workers gains roughly 13.7, 10 and 14.9 percent higher in output value per worker, value added per worker and gross profit per worker, respectively, than the counterpart. Moreover, an additional ten-day training duration for new employees on average leads to a 4.1 percent increase in output value per worker, a 3.0 percent rise in value added per worker and a 3.0 percent growth in gross profit per worker. The paper also uncovers that a marginal 10 percent of HRM spending results in about 2 and 1.6 percent rises in output value per worker and value added per worker, respectively. Originality/value Using the case of Vietnam, this paper shows the important roles of HRM practices in explaining firm outcomes. 2023-03-08T03:56:48Z 2023-03-08T03:56:48Z 2018 Article 2515-964X https://www.emerald.com/insight/content/doi/10.1108/JABES-10-2018-0076/full/html http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115528 10.1108/JABES-10-2018-0076 en Journal of Asian Business and Economic Studies, Volume 25, Issue 2; p. 221-238 application/pdf University of Economics Ho Chi Minh City
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language English
description Purpose The purpose of this paper is to estimate the effects of human resource management (HRM) practices on firm outcomes at the firm level in Vietnam. Design/methodology/approach The paper employs a fixed-effects framework for the estimation using a panel sample of manufacturing firms from small- and medium-sized enterprise surveys between 2009 and 2013. Findings The paper finds that, on average, a firm that provides the training for new workers gains roughly 13.7, 10 and 14.9 percent higher in output value per worker, value added per worker and gross profit per worker, respectively, than the counterpart. Moreover, an additional ten-day training duration for new employees on average leads to a 4.1 percent increase in output value per worker, a 3.0 percent rise in value added per worker and a 3.0 percent growth in gross profit per worker. The paper also uncovers that a marginal 10 percent of HRM spending results in about 2 and 1.6 percent rises in output value per worker and value added per worker, respectively. Originality/value Using the case of Vietnam, this paper shows the important roles of HRM practices in explaining firm outcomes.
format Article
author Dang, Thang
Dung, Thai Tri
Phuong, Vu Thi
Vinh, Tran Dinh
spellingShingle Dang, Thang
Dung, Thai Tri
Phuong, Vu Thi
Vinh, Tran Dinh
Human resource management practices and firm outcomes: evidence from Vietnam
author_facet Dang, Thang
Dung, Thai Tri
Phuong, Vu Thi
Vinh, Tran Dinh
author_sort Dang, Thang
title Human resource management practices and firm outcomes: evidence from Vietnam
title_short Human resource management practices and firm outcomes: evidence from Vietnam
title_full Human resource management practices and firm outcomes: evidence from Vietnam
title_fullStr Human resource management practices and firm outcomes: evidence from Vietnam
title_full_unstemmed Human resource management practices and firm outcomes: evidence from Vietnam
title_sort human resource management practices and firm outcomes: evidence from vietnam
publisher University of Economics Ho Chi Minh City
publishDate 2023
url https://www.emerald.com/insight/content/doi/10.1108/JABES-10-2018-0076/full/html
http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115528
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