TY  - JOUR
TT  - Government Ownership and Firm Performance: the Case of Vietnam
AU  - Tran, Ngo My
AU  - Nonneman, Walter
AU  - Jorissen, Ann
PY  - 2014
DA  - September
JF  - International Journal of Economics and Financial Issues
JO  - IJEFI
PB  - İlhan ÖZTÜRK
WT  - DergiPark
SN  - 2146-4138
SP  - 628
EP  - 650
VL  - 4
IS  - 3
KW  - government ownership
KW  - firm performance
KW  - dynamic model and interaction effect
N2  - 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.
UR  - https://dergipark.org.tr/tr/pub/ijefi/issue//352034
L1  - https://dergipark.org.tr/tr/download/article-file/362895
ER  -