tailieunhanh - The impact of business strategy on firm performance of listed firms in Vietnam

This study was conducted to contribute empirical evidence of the impact of Michael Porter’s business strategy on performance in Vietnamese listed firms. Based on data from 620 firms on the Vietnamese stock exchange from 2010 to 2019, we use a quantitative research method to demonstrate the positive association between performance and differentiation strategy. | VNU Journal of Science Economics and Business Vol. 36 No. 5E 2020 70-80 Original Article The Impact of Business Strategy on Firm Performance of Listed Firms in Vietnam Nguyen Vinh Khuong Le Phan Minh Thu Luong Bao Han Nguyen Thuy Minh Dan Pham Truc Mai Tran Nguyen Hieu Thao 1 University of Economics and Law Ho Chi Minh City Vietnam Quarter 3 Linh Xuan Ward Thu Duc Dist. Ho Chi Minh City Vietnam 2 Vietnam National University Ho Chi Minh City Vietnam Quarter 3 Linh Xuan Ward Thu Duc Dist. Ho Chi Minh City Vietnam Received 28 September 2020 Revised 18 December 2020 Accepted 19 December 2020 Abstract This study was conducted to contribute empirical evidence of the impact of Michael Porter s business strategy on performance in Vietnamese listed firms. Based on data from 620 firms on the Vietnamese stock exchange from 2010 to 2019 we use a quantitative research method to demonstrate the positive association between performance and differentiation strategy. We found cost leadership strategy has no meaning. Based on the results we make implications for listed firms and regulatory agencies which will contribute to improving firm performance. Keywords Business strategy cost leadership differentiation firm performance listed firm Vietnam. 1. Introduction using business strategy is a way to ensure a sustainable competitive advantage - by In the current new era the business investing in the resources needed to develop the environment is constantly moving transactions main capabilities of the business and if the are constantly being created and advantage is sustainable it will lead to superior implementation is becoming increasingly long-term firm performance 2 . Specifically difficult and complicated. In this ever-changing Allen 2007 found that the lack of focus on environment - a characteristic of today s global business strategy was the main reason for the economy - businesses are faced with fierce collapse of some Japanese businesses 3 . competition pressure. Therefore .

• Kinh tế học
• Economics science
• Business science
• Business strategy
• Cost leadership
• Firm performance
• Listed firm
• Master Thesis in Economics
• Thesis in Economics sample
• Economic essay sample
• Science Industry
• The potential impact of Brexit
• Systems Science
• Modeling
• Ecological Economics
• modeling process
• Model formalization
• Building blocks
• Leasehold Interest
• Easements
• Cognitive Deficits
• Rodent Animal Models
• Neuropsychiatric Disorders
• diagnostic criteria
• Commentary
• European Region
• notified in TESSy
• prevalence of pulmonary
• Subjects and Methods
• cross sectional
• Căng thẳng của sinh viên
• Căng thẳng trong học tập
• Chiến lược ứng phó
• Stress of students
• Academic stress
• Responsive strategies
• mental healing and positive thinking
• started earlier
• International Economics
• Economic Regulation
• Spatial Economics
• Science company
• Technology company
• Doanh nghiệp khoa học
• Chiến lược phát triển doanh nghiệp
• Trường đại học công lập
• Economics Shapes
• Pasteurs Quadrant
• Basic Science
• Technological Innovation
• Economic Growth Undermining Science
• Environment
• Energy
• Economic
• science
• economics
• micro
• simple
• Humanities and social science
• Lower secondary school
• Attitudes towards home economics
• Flexible zone program
• Students' attitudes
• School pedagogy
• Data science
• Directional development
• 4 0 revolution
• Crime prevention
• Business decision making
• Mathematical Methods in Science
• Engineering
• Comprehensive chapters on coordinates
• tensors
• mathematics
• chemistry
• biology
• and finance together
• Analyzing politics
• Political science
• Comparative politics
• Economics and politics
• Models of analysis
• Judicial review versus parliamentary sovereignty
• Elections in the United States
• Practice of economics
• Management science
• Linear programming
• Linear programming applications
• Operations management
• Advanced linear programming applications
• Network models
• Integer linear programming
• Innovation system
• Intermediary organizations
• Intermediary services
• Absorptive capacity
• Supplier relationship management
• Operational performance
• Manufacturing firms
• Production relocation
• Production strategy
• Multinational companies
• Foreign direct investment
• Socio economic
• Technological environment
• Business productivity
• Countries respectively
• Digital economy
• Digital infrastructure
• Digital financial services
• Digital platforms
• Digital entrepreneurship and digital skills
• Social media
• Technology Acceptance Model
• Intention to use
• Business strategies
• Enterprise sector
• Foreign Investment Law
• Employment creation
• First promulgated
• Microfinance organisations
• Central economic planning system
• Being sustainable
• Financing mechanism
• Climate change
• Natural resources
• Livelihood models
• Clean agricultural products
• Sustainable development