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Article
Publication date: 25 May 2022

Vi Dung Ngo, Thang V. Nguyen and Achinto Roy

This article studies the moderating effect of institutional pressures on the impact of bank ties on the capital structure of small and medium-size enterprises (SMEs).

Abstract

Purpose

This article studies the moderating effect of institutional pressures on the impact of bank ties on the capital structure of small and medium-size enterprises (SMEs).

Design/methodology/approach

The study uses an unbalanced longitudinal dataset covering three years—2011, 2013 and 2015—from a project on small manufacturing enterprises in Vietnam. The sample consists of 7,680 firm-year observations.

Findings

Pressures from formal and informal institutions lessen the positive effect of bank ties on the capital structure of SMEs. These moderating effects are more salient in regions having lower institutional quality.

Originality/value

Empirically showing how institutional factors can be investigated together with relational factors to explain the capital structure of SMEs in a developing economy. Distinguishing between formal and informal institutional pressures and revealing their indirect effect on SMEs' capital structure through impacting the effect of bank ties.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 28 no. 6
Type: Research Article
ISSN: 1355-2554

Keywords

Article
Publication date: 22 March 2022

Thi Bich Thuy Dao and Vi Dung Ngo

This study focuses on the relationship between foreign direct investment (FDI) and economic growth of the formal sector comprising all foreign and domestic registered enterprises…

Abstract

Purpose

This study focuses on the relationship between foreign direct investment (FDI) and economic growth of the formal sector comprising all foreign and domestic registered enterprises engaged in production of goods and services.

Design/methodology/approach

This study uses a balanced longitudinal data set for the period from 2006 to 2014 from secondary sources in 63 provinces/cities of Vietnam. The generalized method of moments (GMM) estimation for a dynamic panel data model is applied.

Findings

The greater the share of FDI in capital resource, the more favorable the output growth in the whole formal sector. The FDI enterprises are more productive than domestic formal firms, and the output growth of FDI firms creates a positive spillover effect on the output growth of domestic firms.

Originality/value

The effect of FDI on economic growth is investigated at subnational level for the whole formal economic sector as well as the formal domestic firms. The domestic and foreign industrial agglomerations and the business environment are also examined.

Details

International Journal of Emerging Markets, vol. 18 no. 11
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 18 June 2021

Vi Dung Ngo, Quang Evansluong, Frank Janssen and Duc Khuong Nguyen

This article aims to clarify the role of social capital and social capital inequality embedded in bank ties in enabling and diversifying new firms' debt use.

Abstract

Purpose

This article aims to clarify the role of social capital and social capital inequality embedded in bank ties in enabling and diversifying new firms' debt use.

Design/methodology/approach

The study adopts a quantitative method, using an unbalanced longitudinal dataset covering three years–2011, 2013 and 2015–from a project on small manufacturing enterprises in Vietnam. The sample consists of 513 firm-year observations.

Findings

Network extensity and network mobilisation increase new firms' debt use. Differences in ascribed and attained social statuses (i.e. gender, generation, business association membership and political affiliation) result in social capital inequality between entrepreneurs. Entrepreneurs who are of a younger generation, have higher levels of education and are not members of the Communist Party benefit less from social capital than those who are older, have less education and are party members.

Originality/value

The effects of access to and the use of the social capital embedded in bank ties on new firms' debt use are both studied. The sources of social capital inequality are investigated at the individual level through distinguishing ascribed and attained social statuses and explained by two mechanisms: capital deficit and return deficit. The moderating effects of social capital inequality are also examined.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 27 no. 7
Type: Research Article
ISSN: 1355-2554

Keywords

Article
Publication date: 10 November 2022

Tien Dung Luu, Lan Anh Trinh, Thanh Phuong Binh Nguyen, Ngoc Linh Chi Ngo, Nguyen Phuong Nhi Le and Nhat Vi Vu

This study aims to analyse the impact of the degree of internationalisation (DOI) on firm performance (FP), with the moderating role of organisational slack resources, namely…

Abstract

Purpose

This study aims to analyse the impact of the degree of internationalisation (DOI) on firm performance (FP), with the moderating role of organisational slack resources, namely, absorbed slack human resources, absorbed financial slack resources and unabsorbed slack resources, in the context of Asian emerging markets.

Design/methodology/approach

Data includes 45 companies and 225 observations in 2014–2018. The authors adopted the generalised least squares method to test their hypotheses.

Findings

DOI negatively influences FP, indicating that the link between DOI and FP is not U-shaped but relatively linear. Absorbed human resources and absorbed slack financial resources significantly enhance FP, absorbing resources associated with DOI and FP. Unabsorbed slack resources play a minor role in mitigating the deleterious impact of DOIs on FP.

Practical implications

Firms in an emerging market should begin exploring and expanding into overseas markets with characteristics similar to the domestic market. The firm should optimise the benefits of slack resources by appropriately allocating resources to strategic operations.

Originality/value

This study reveals the beneficial effect of organisational slack resources on the DOI-FP relationship via the lens of the resource-based view.

Details

Review of International Business and Strategy, vol. 33 no. 5
Type: Research Article
ISSN: 2059-6014

Keywords

Book part
Publication date: 1 September 2022

Thiện Nguyễn Hoàng

This chapter provides information on the development of Vietnamese education under the influence of global forces based on the analysis of relevant education research and policies

Abstract

This chapter provides information on the development of Vietnamese education under the influence of global forces based on the analysis of relevant education research and policies using Wolhuter’s frameworks. In the process of coming up with ways to develop education in the face of different influences of globalization, besides having reactions with patterns commonly found in countries around the world, Vietnam also has responses that reflect its own political, sociocultural and economic characteristics. The state still plays a controlling role in education at all levels and many culture-related features that have existed throughout the country’s history have hardly changed, namely aspects related to teachers, learners and teaching and learning methods. To sustain its education in the globalized era, Vietnam must make more efforts in various aspects such as the link between education and employment, the logic of education objectives, the feasibility and appropriateness of curricula, quality of education, especially of higher education and equality in education for underprivileged groups.

Details

World Education Patterns in the Global South: The Ebb of Global Forces and the Flow of Contextual Imperatives
Type: Book
ISBN: 978-1-80382-681-3

Keywords

Article
Publication date: 17 March 2023

Vandana Goswami

The present paper makes an attempt to investigate the determinants that affect FDI inflows distribution among Indian states. Together with traditional determinants, the impact of…

Abstract

Purpose

The present paper makes an attempt to investigate the determinants that affect FDI inflows distribution among Indian states. Together with traditional determinants, the impact of institutional determinants on state-level FDI inflows distribution in India has been analysed.

Design/methodology/approach

The study uses panel data for a period of 20 years (2000–2019) for 17 groups of Indian states (29 states and 7 UTs). The empirical evidence is based on the panel data method and the findings support Dunning's OLI theory. As the data for some indicators for the institutional environment is not available at the state level, hence we used component analysis to arrive at the single component for the institutional factor. The study takes into account corruption, legal system, industrial disputes, man-days lost, labour availability, political risk, protection of IPR and agglomeration as potential macroeconomic and institutional determinants.

Findings

Results show that FDI inflows into Indian states is driven mainly by institutional environment. From our analysis, the author infers that the institutional variables such as legal system, IPR, corruption, political instability play an important role in determining the distribution of FDI inflows at the state level in India. Together with that GFCF and agglomeration are also important determinants of state-wise FDI inflows.

Research limitations/implications

The major limitation of the study is that it doesn't include moderated impact of economic and institutional determinants of FDI inflows in Indian states, which can be an avenue for future research. Future research can also carried out taking district-level data to further examine the determinants at district level in India.

Originality/value

The contribution of the present paper is three-fold, first, the author constructs a measure of different institutional variables, after normalization of data for the period 2000–2019, and the author choose the highest explaining factor with the highest variance explained then we constructed the indices for select variable, which further has been used in the panel data analysis technique. The author has found that macroeconomic variables, as well as institutional variables, are significant to attract FDI at the state level in India. The paper shows that corruption, political risk, IPR and legal system are the major institutional determinants of FDI inflows in India at the state level. States with higher domestic investment attract more FDI inflows, moreover, agglomeration is a very important determinant as the investors are more confident in investing at the same location, the reason behind this may be that the investors want to avoid the registration procedure for new land, administrative formalities or they feel more secure at the same place and keen to invest at the same place again.

Details

International Journal of Emerging Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-8809

Keywords

Book part
Publication date: 18 November 2020

Anh Ngoc Cao and Tanya Wyatt

Unsustainable logging and illegal logging for domestic and international trade and trafficking continue to lead to deforestation. It is crucial that Sustainable Development Goal…

Abstract

Unsustainable logging and illegal logging for domestic and international trade and trafficking continue to lead to deforestation. It is crucial that Sustainable Development Goal 15 ‘Sustainably manage forests, combat desertification, halt and reverse land degradation, halt biodiversity loss’ is achieved to maintain the livelihoods of people and protect the planet. This is the case in Vietnam as well, where many people, including indigenous groups, rely on the forest for their survival. Drawing on semistructured interviews in Vietnam and a literature review, we investigate how the abuse of forest policies leads to human insecurity. From this, we propose solutions to (1) end unsustainable harvesting and illegal logging (SDG 15.7), (2) integrate the value of forests (culturally and economically) into national and local planning, the development process and poverty elimination strategies (SDG 15.9) and (3) improve the use of forest protection funding provided by international donors.

Details

The Emerald Handbook of Crime, Justice and Sustainable Development
Type: Book
ISBN: 978-1-78769-355-5

Keywords

Book part
Publication date: 3 September 2015

Sonali Mukherjee

Primary objective of the research is to study the various forms of violence existent in a cross-regional marriage. This form of marriage is the outcome of gendered marriage…

Abstract

Purpose

Primary objective of the research is to study the various forms of violence existent in a cross-regional marriage. This form of marriage is the outcome of gendered marriage squeeze as there is discordance between supply and demand of brides in the marriage market of Haryana. Hence, brides are imported into Haryana from far-off poorer regions of the country like West Bengal, Tripura, Assam, Chhattisgarh etc. This implies a big change or adjustment in traditional marriage behaviour for both the host as well as the feeder society.

Methodology/approach

Fieldwork was conducted in Haryana and West Bengal to get a first-hand understanding of the research problem. Focussed Group Discussions and In-Depth interviews were conducted to get a nuanced understanding of the issues in hand. An attempt for the first time has been made to study one of the regions, that is West Bengal, which is providing the brides. It is thought provoking to understand the reasons for occurrence of such marriages in West Bengal.

Findings

Prevalent socio-economic conditions of Haryana and West Bengal have been analysed to derive the causal factors for such a phenomenon. Haryana is a patriarchal, patrilineal and patrilocal society. Interplay of caste and class has significant repercussions on these brides who are married to the Haryana men. These brides go through a marriage which may not always be violent on the outside but definitely so in the inside. These brides face contestations in their everyday existence.

Originality/value

It would be of significance to the researchers in the field of sociology, anthropology, development studies, gender studies and demography. It would also interest human rights activists.

Details

Violence and Crime in the Family: Patterns, Causes, and Consequences
Type: Book
ISBN: 978-1-78560-262-7

Keywords

Article
Publication date: 29 March 2011

Courtenay Sprague and Stu Woolman

The purpose of this paper is to document the manner in which a pro‐poor company can deliver ongoing health benefits and improve environmental sustainability in a manner that…

Abstract

Purpose

The purpose of this paper is to document the manner in which a pro‐poor company can deliver ongoing health benefits and improve environmental sustainability in a manner that addresses child and maternal mortality (in line with millennium development goals 4, 5 and 7).

Design/methodology/approach

Field research in Mozambique including 12 in‐depth interviews with key personnel from December 2006 to January 2007.

Findings

First, clear threats to the success of VidaGás' pro‐poor business model encompass insufficient liquefied petroleum gas (LPG) supply and storage facilities; poor industrial and commercial infrastructure in Northern Mozambique; inadequate training of retailers in LPG use; and inadequate consumer knowledge of the benefits of LPG. Second, key innovations employed by VidaGás to overcome these obstacles consist of the introduction of a novel cold chain to safeguard medicines; a complex supply chain to ensure timely delivery; and the exploitation of local knowledge and expertise to expand the uptake of LPG by Mozambicans.

Practical implications

The case study focuses on a business problem with significant development implications. The challenge is to ensure a reliable supply of LPG in Northern Mozambique. To meet this challenge, VidaGás must achieve its stated goal of becoming a revenue‐generating entity within three years. In order to create a viable market for LPG, VidaGás must not only increase the uptake of LPG by poor consumers, it must expand LPG market access to commercial consumers, while raising additional capital.

Originality/value

The paper contributes to the literature on social entrepreneurship and demonstrates how to link for‐profit business imperatives with development goals.

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. 5 no. 1
Type: Research Article
ISSN: 1750-6204

Keywords

Content available
Book part
Publication date: 18 August 2017

Abstract

Details

Breaking the Zero-Sum Game
Type: Book
ISBN: 978-1-78743-186-7

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