Publication
Title
Government ownership and firm performance : the case of Vietnam
Author
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: government ownership; firm performance; dynamic model and interaction effect
Language
English
Source (journal)
International Journal of Economics and Financial Issues
Publication
2014
ISSN
2146-4138
Volume/pages
4:3(2014), p. 628-650
Full text (publishers version - intranet only)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Record
Identification
Creation 22.12.2014
Last edited 25.01.2016
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