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Impact Of Human Resource Management: Sme Performance In Vietnam

Author

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  • SANDRA KING-KAUANUI

    (California State University Polytechnic, MHR Dept. California State Polytechnic University, Pomona, 3801 West Temple Avenue Pomona, CA 91768, USA)

  • SU DANG NGOC

    (National Economics University, Vietnam)

  • CATHERINE ASHLEY-COTLEUR

    (Marketing and Finance Department, Frostburg State University, USA)

Abstract

In its transition from a centrally planned economy to a market economy, Vietnam has achieved remarkable success. During this transition, Vietnam businesses have implemented a number of HRM practices used primarily by companies in Western cultures. This study specifically investigates the impact of three HRM practices: training, performance appraisal systems and incentive pay, on firm performance to determine if results mirror those obtained in the more highly developed economies of the West. A sample of 200 Hanoi manufacturing SMEs was surveyed regarding their practices in these areas. The result provides empirical support that training, performance appraisal and incentive compensation have positive effects on Vietnamese SME performance, with incentive compensation having the greatest impact.

Suggested Citation

  • Sandra King-Kauanui & Su Dang Ngoc & Catherine Ashley-Cotleur, 2006. "Impact Of Human Resource Management: Sme Performance In Vietnam," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 11(01), pages 79-95.
    • Handle: RePEc:wsi:jdexxx:v:11:y:2006:i:01:n:s1084946706000271
    DOI: 10.1142/S1084946706000271
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    Citations

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    Cited by:

    1. Diego A. B. Marconatto & Gaspar A. Peixoto & Emidio G. Teixeira & Adelar Fochezatto, 2022. "Women on the Front Line: The Growth of SMEs during Crises," Sustainability, MDPI, vol. 14(16), pages 1-18, August.
    2. Leslier Valenzuela & Francisco Villegas, 2013. "Customer Value Orientation And Organizational Performance: An Explanatory Model Proposal, Orientacion Al Valor Del Cliente Y El Desempeno Organizacional: Propuesta De Un Modelo Explicativo," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 6(7), pages 1-25.
    3. Gregorio Sánchez-Marín & Gabriel Lozano-Reina & Mané Beglaryan, 2022. "HRM Policies and SMEs Performance: The Moderating Role of CSR Orientation," Central European Business Review, Prague University of Economics and Business, vol. 2022(1), pages 85-110.
    4. Abdul Kadar Muhammad Masum & Md Abul Kalam Azad & Kazi Enamul Hoque & Loo-See Beh, 2015. "Domestic Banks in Bangladesh Could Ensure Efficiency by Improving Human Resource Management Practices," PLOS ONE, Public Library of Science, vol. 10(7), pages 1-17, July.
    5. Ngo Vi Dung & Nguyen Ngoc Thang & Frank Janssen & Damian Hine, 2017. "Employment Contract And Smes’ Innovation In Developing And Transition Economies: The Case Of Vietnam," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 22(04), pages 1-20, December.
    6. Diep Thi Ngoc Nguyen & Stephen T. T. Teo & Marcus Ho, 2018. "Development of human resource management in Vietnam: A semantic analysis," Asia Pacific Journal of Management, Springer, vol. 35(1), pages 241-284, March.
    7. Iryna Alves & Sofia M. Lourenço, 2022. "The use of non-financial performance measures for managerial compensation: evidence from SMEs," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 33(2), pages 151-187, June.
    8. Ahmed, Vaqar & Wahab, Mohammad Abdul & Mahmood, Hamid, 2011. "Effectiveness of HRD for developing SMEs in South Asia," MPRA Paper 30780, University Library of Munich, Germany.
    9. Hung Quang Doan & Francesca Masciarelli & Andrea Prencipe & Nam Hoang Vu, 2023. "Social capital and firm performance in transition economies," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(4), pages 751-780, December.

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    Keywords

    HRM; Vietnam; performance;
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