Impact Of Human Resource Management: Sme Performance In Vietnam
AbstractIn 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.
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Bibliographic InfoArticle provided by World Scientific Publishing Co. Pte. Ltd. in its journal Journal of Developmental Entrepreneurship.
Volume (Year): 11 (2006)
Issue (Month): 01 ()
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Web page: http://www.worldscinet.com/jde/jde.shtml
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- 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.
- Marina Dabic & Marta Ortiz-De-Urbina-Criado & Ana M. Romero-Martínez, 2011. "Human resource management in entrepreneurial firms: a literature review Purpose – This paper seeks to review the literature on human resource management (HRM) in entrepreneurial firms. Given the imp," International Journal of Manpower, Emerald Group Publishing, vol. 32(1), pages 14-33, March.
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