Government Ownership and Firm Performance: the Case of Vietnam

Volume: 4 Number: 3 September 1, 2014
  • Ngo My Tran
  • Walter Nonneman
  • Ann Jorissen
EN

Government Ownership and Firm Performance: the Case of Vietnam

Abstract

This study extends some predictions from a game theoretical model which evaluates the net effect of government ownership on firm performance and empirically tests these predictions using a panel data of Vietnamese firms in the period 2004-2012. The empirical results estimated from static and dynamic models confirm our propositions of a negative effect of state ownership on firm profitability and labor productivity. Furthermore, this study documents a moderating role of firm size in the relationship between state shareholding and the performance of firms with higher state ownership in larger firms enhancing profitability and labor productivity.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Ngo My Tran This is me

Walter Nonneman This is me

Ann Jorissen This is me

Publication Date

September 1, 2014

Submission Date

September 1, 2014

Acceptance Date

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Published in Issue

Year 2014 Volume: 4 Number: 3

APA
Tran, N. M., Nonneman, W., & Jorissen, A. (2014). Government Ownership and Firm Performance: the Case of Vietnam. International Journal of Economics and Financial Issues, 4(3), 628-650. https://izlik.org/JA64NM35YX
AMA
1.Tran NM, Nonneman W, Jorissen A. Government Ownership and Firm Performance: the Case of Vietnam. IJEFI. 2014;4(3):628-650. https://izlik.org/JA64NM35YX
Chicago
Tran, Ngo My, Walter Nonneman, and Ann Jorissen. 2014. “Government Ownership and Firm Performance: The Case of Vietnam”. International Journal of Economics and Financial Issues 4 (3): 628-50. https://izlik.org/JA64NM35YX.
EndNote
Tran NM, Nonneman W, Jorissen A (September 1, 2014) Government Ownership and Firm Performance: the Case of Vietnam. International Journal of Economics and Financial Issues 4 3 628–650.
IEEE
[1]N. M. Tran, W. Nonneman, and A. Jorissen, “Government Ownership and Firm Performance: the Case of Vietnam”, IJEFI, vol. 4, no. 3, pp. 628–650, Sept. 2014, [Online]. Available: https://izlik.org/JA64NM35YX
ISNAD
Tran, Ngo My - Nonneman, Walter - Jorissen, Ann. “Government Ownership and Firm Performance: The Case of Vietnam”. International Journal of Economics and Financial Issues 4/3 (September 1, 2014): 628-650. https://izlik.org/JA64NM35YX.
JAMA
1.Tran NM, Nonneman W, Jorissen A. Government Ownership and Firm Performance: the Case of Vietnam. IJEFI. 2014;4:628–650.
MLA
Tran, Ngo My, et al. “Government Ownership and Firm Performance: The Case of Vietnam”. International Journal of Economics and Financial Issues, vol. 4, no. 3, Sept. 2014, pp. 628-50, https://izlik.org/JA64NM35YX.
Vancouver
1.Ngo My Tran, Walter Nonneman, Ann Jorissen. Government Ownership and Firm Performance: the Case of Vietnam. IJEFI [Internet]. 2014 Sep. 1;4(3):628-50. Available from: https://izlik.org/JA64NM35YX