Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/147487
Title: FIRM PERFORMANCE: THE EFFECTS OF EMPLOYEES’ EDUCATIONAL LEVELS AND OWNERSHIP STRUCTURES
Authors: NGO DUY TUAN, THOMAS
Issue Date: 2009
Citation: NGO DUY TUAN, THOMAS (2009). FIRM PERFORMANCE: THE EFFECTS OF EMPLOYEES’ EDUCATIONAL LEVELS AND OWNERSHIP STRUCTURES. ScholarBank@NUS Repository.
Abstract: This study examines how firm performance can be influenced by two corporate governance factors: firm’s selection of employees based on educational level and firm’s ownership structure. The educational level is measured by a ratio of employees with a college degree to total employees. Ownership structure is measured by three dummy variables describing state?owned enterprises (SOEs), privately?owned enterprises (POEs), and foreign?invested enterprises (FIEs). Empirically, I analyze the performance of 12,308 firms in the Vietnamese economy over a three?year period (2004?2006). The results show the higher the educational level, the better the firm performance. Moreover, SOEs perform better than POEs and FIEs perform better than SOEs. Finally, SOEs can benefit from high educational level of their employees more than POEs can.
URI: http://scholarbank.nus.edu.sg/handle/10635/147487
Appears in Collections:Bachelor's Theses (Restricted)

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