Institutionalism and its effect on labour forecasting in Vietnamese firms

Nguyen, B. and Do, H. ORCID: 0000-0001-5442-507X, 2020. Institutionalism and its effect on labour forecasting in Vietnamese firms. Journal of General Management, 46 (1), pp. 5-15. ISSN 0306-3070

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Abstract

This study examines factors that influence firm forecasting regarding their labour expansion in Vietnam. Conventional wisdom has it that foreign-owned and large private firms make more accurate forecasts since they have more resources and experience than their smaller and state-owned counterparts. However, this study empirically shows that state-owned and small firms make more accurate forecasting values. There are two possibilities that can explain this counterintuitive result: (1) the institutional incompleteness in the post-communist economy and (2) systematic underestimation of their own performance by foreign and large private firms, which results from the institutional complexity in Vietnam. These unique findings provide valuable information for both academia and practitioners.

Item Type: Journal article
Publication Title: Journal of General Management
Creators: Nguyen, B. and Do, H.
Publisher: SAGE Publications
Date: October 2020
Volume: 46
Number: 1
ISSN: 0306-3070
Identifiers:
NumberType
10.1177/0306307020910287DOI
1388829Other
Divisions: Schools > Nottingham Business School
Record created by: Jeremy Silvester
Date Added: 18 Dec 2020 14:54
Last Modified: 13 Jan 2021 13:56
URI: http://irep.ntu.ac.uk/id/eprint/41912

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