Government Ownership and Firm Performance: The Case of Vietnam

Ngo My Tran, Walter Nonneman and Ann Jorissen
Additional contact information
Ngo My Tran: Faculty of Applied Economics, University of Antwerp, Belgium
Walter Nonneman: Faculty of Applied Economics, University of Antwerp, Belgium
Ann Jorissen: Faculty of Applied Economics, University of Antwerp, Belgium.

International Journal of Economics and Financial Issues, 2014, vol. 4, issue 3

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 dataset 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 (search for similar items in EconPapers)
JEL-codes: H11 P27 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.econjournals.com/index.php/ijefi/article/download/827/pdf (application/pdf)
http://www.econjournals.com/index.php/ijefi/article/view/827/pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2014-03-18

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().