Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Artículo Open Access |
| Published: |
Wiley
2024
|
| Subjects: | |
| Online Access: | https://onlinelibrary.wiley.com/doi/10.1002/bsd2.366 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1867010426549567488 |
|---|---|
| author | Thu Thi Tran Thach Xuan Ha Nhan Kim Vo |
| author_facet | Thu Thi Tran Thach Xuan Ha Nhan Kim Vo Thu Thi Tran Thach Xuan Ha Nhan Kim Vo |
| collection | Wiley Open Access |
| contents | Foreign ownership and product market competition's influence on firm performance: Mediating role of the corporate governance index Thu Thi Tran Thach Xuan Ha Nhan Kim Vo Business Strategy & Development AbstractThis study examines the influence of foreign ownership and product market competition on firm performance in Vietnam's listed companies through the mediating role of the corporate governance index. Moreover, the study explores the moderating role of business strategy in the relationships between foreign ownership, product market competition, and firm performance. We use maximum likelihood structural equation modeling in Stata 14 software to analyze the data collected from 180 Vietnamese listed companies from 2015 to 2019. The results indicate that foreign ownership and product market competition positively influence firm performance by mediating the corporate governance index. Business strategy negatively moderates the relationship between product market competition and firm performance. This study has implications for managers focusing on foreign ownership and product market competition to improve corporate governance systems, enhancing firm performance. Additionally, managers may build business strategies when product market competition increases to avoid negative effects on firm performance. 10.1002/bsd2.366 http://onlinelibrary.wiley.com/termsAndConditions#vor |
| doi_str_mv | 10.1002/bsd2.366 |
| format | Artículo Open Access |
| id | wiley_oa_10_1002_bsd2_366 |
| institution | Wiley Open Access |
| license_str_mv | http://onlinelibrary.wiley.com/termsAndConditions#vor |
| publishDate | 2024 |
| publisher | Wiley |
| record_format | wiley_oa |
| spellingShingle | Foreign ownership and product market competition's influence on firm performance: Mediating role of the corporate governance index Thu Thi Tran Thach Xuan Ha Nhan Kim Vo Business Strategy & Development Foreign ownership and product market competition's influence on firm performance: Mediating role of the corporate governance index Thu Thi Tran Thach Xuan Ha Nhan Kim Vo Business Strategy & Development AbstractThis study examines the influence of foreign ownership and product market competition on firm performance in Vietnam's listed companies through the mediating role of the corporate governance index. Moreover, the study explores the moderating role of business strategy in the relationships between foreign ownership, product market competition, and firm performance. We use maximum likelihood structural equation modeling in Stata 14 software to analyze the data collected from 180 Vietnamese listed companies from 2015 to 2019. The results indicate that foreign ownership and product market competition positively influence firm performance by mediating the corporate governance index. Business strategy negatively moderates the relationship between product market competition and firm performance. This study has implications for managers focusing on foreign ownership and product market competition to improve corporate governance systems, enhancing firm performance. Additionally, managers may build business strategies when product market competition increases to avoid negative effects on firm performance. 10.1002/bsd2.366 http://onlinelibrary.wiley.com/termsAndConditions#vor |
| title | Foreign ownership and product market competition's influence on firm performance: Mediating role of the corporate governance index |
| topic | Business Strategy & Development |
| url | https://onlinelibrary.wiley.com/doi/10.1002/bsd2.366 |