The effects of performance appraisal on employee retention. A comparison of Finnish and Vietnamese enterprises

Purpose: This research aims to identify the features of a performance appraisal system and explore how each feature affects the employees’ loyalty. Furthermore, the study would like to discover if these effects are different in different cultures. Methodology: Applying qualitative method, data was collected through 15 semi-structured interviews (7 cases were conducted in Finland and 8 cases were interviewed in Vietnam). Participants chosen for the research are knowledge employees working in Vietnamese or Finnish original enterprises. Findings: Four features of a performance appraisal system, which are goals setting, supervisor – subordinate relationship, rewards linked with performance result and fairness issue are argued based on literature review. From empirical studies, variety of findings is identified supporting and supplementing for existing theories. One of those is the emphasis of self-development based performance appraisal in Finland and the rewarding based one in Vietnam. The performance appraisal system has weak impact on Finnish employees’ loyalty; while it does influence Vietnamese individual intention to leave the job. The findings also illustrate that Finnish staff take clear goals setting and fairness as prerequisite features of a performance appraisal; Vietnamese employees, in contrast, view the relationship with supervisor and rewards received as more significant criteria. Practical implications: This study provides suggestions of retaining talents for managerial practices. Findings of the research could assist international managers to concentrate on features which strongly affecting the employees’ satisfaction and loyalty when they design and implement performance appraisal system in different locations.fi=Opinnäytetyö kokotekstinä PDF-muodossa.|en=Thesis fulltext in PDF format.|sv=Lärdomsprov tillgängligt som fulltext i PDF-format

Intersecting Forces in Employment Dynamics: A Comprehensive Analysis of Industrial and Export Processing Zones

This manuscript conducts a comprehensive and meticulously detailed analysis of the multifaceted factors intricately shaping employment dynamics within industrial and export processing zones. It delves deeply into the intricate relationships among legal and policy frameworks, labor law dissemination and implementation, business strategies, human resource management, investor attitudes, and the pivotal role of labor unions in shaping employment conditions within these zones. Moreover, this study goes beyond the surface by exploring the profound impact of worker skills, awareness levels, family and social factors, and the unique conditions within industrial zones on employment security and job satisfaction. It unveils a rich tapestry of interdependencies contributing to the intricate web of employment dynamics in these critical sectors. The culmination of this research is a thoughtful and comprehensive discussion that not only highlights the challenges but also spotlights the opportunities awaiting workers after their tenure in these zones. It firmly underscores the paramount importance of balanced policies that not only safeguard worker rights with unwavering commitment but also provide the necessary impetus for facilitating sustainable business growth. This extensive exploration transcends the ordinary and offers invaluable, cutting-edge insights for all stakeholders involved in these sectors, setting a new benchmark for understanding and navigating the complex landscape of industrial and export processing zones

THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAM

Creating shared value (CSV) has been predicted as the next evolution of corporate social responsibility. Companies that follow the CSV approach integrate economic, societal, and environmental objectives in their strategy to pursue sustainability and competitive advantages. This study investigates the effects of CSV contributions (which are framed as economic, social, and environmental contributions) on brand attitude, and then the effects of brand attitude on consumer purchase and recommendation intentions. This research also examines the moderating role of perceived personal relevance on the relationships between economic, social, and environmental contributions and brand attitude. The proposed model was empirically tested on a sample of 234 consumers in a metropolitan city in Vietnam. The results confirm that positive links exist between the three CSV contributions and brand attitude as well as between brand attitude and consumer intentions of purchasing and recommending. The study also finds that perceived personal relevance moderates the effect of environmental contribution on brand attitude. These effects help us better understand previous findings in the literature regarding the influence of CSV on consumer intentions and enrich the limited CSV research. Moreover, this study also provides managerial suggestions for companies in making their CSV decisions

Essays on dynamics of the housing market : a thesis presented in fulfilment of the requirement for the degree of Doctor of Philosophy in Finance at Massey University, Albany, New Zealand

Listed in 2021 Dean's List of Exceptional ThesesAs the largest proportion of a household’s wealth is invested in houses, a household’s saving and consumption is highly likely to be affected by the movement of housing markets. Economists are also very interested in housing price movements, due to its significant impact on general economic wellbeing and business cycles. The US housing collapse is commonly referred to as the trigger of the global financial crisis (GFC), leading to stronger demand from both the public and policymakers for in-depth analysis of housing markets. This thesis provides three empirical studies that aim to explore the dynamics of housing markets. The first essay analyses the relationship between immigration and housing markets with a focus on the regional differences within a country. Among the three housing market indicators studied (prices, rents, and price-to-rent ratios), the impact of immigration is found to be most strongly associated with rents and most weakly associated with prices. A negative relationship is reported between immigration and price-to-rent ratios, implying that in an overvalued housing market, the extent of deviation from equilibrium would have been even greater without immigration. Increased global financial integration as a result of improvements in the specification of trade, innovations in finance, and advances in information technology has led to increased connectedness between financial markets. Against this backdrop, the second essay measures the equicorrelation and connectedness between housing and oil markets. The results provide robust evidence of the existence of strong connectedness between these markets. The results also indicate that the connectedness is time variant, reaching its peak during the financial crisis. Among the studied markets, the US housing market is found to be the dominant shock transmitter, spreading shocks to the other markets. During the GFC period, the oil market operated as an information transmission mediator, conveying shocks from the US housing market to other OECD housing markets, particularly in the net oil importing OECD countries. The third essay focuses on whether capital gain in housing markets smooths consumption. The results indicate that the appreciation of house prices is an effective channel of risk sharing. Furthermore, the analysis of the consumption response to long-run output shocks in three developed countries (Australia, Canada, and New Zealand) provides evidence that Canadian residents are the most sensitive to permanent domestic output shocks and that the consumption patterns of Australian residents remain unchanged

Topological Lifshitz phase transition in effective model of QCD with chiral symmetry non-restoration

The topological Lifshitz phase transition is studied systematically within an effective model of QCD, in which the chiral symmetry, broken at zero temperature, is not restored at high temperature and/or baryon chemical potential. It is found that during phase transition the quark system undergoes a first-order transition from low density fully-gapped state to high density state with Fermi sphere which is protected by momentum-space topology. The Lifshitz phase diagram in the plane of temperature and baryon chemical potential is established. The critical behaviors of various equations of state are determined.Comment: 8 pages, 10 figure

Applying the Unified Theory of Acceptance and Use of Technology (UTAUT) in Investigating Online Impulsive Buying Behavior of Vietnamese Consumers

Based on The Theory of Adoption and Use of Technology (UTAUT) (Venkatesh et al., 2003), this study builds a research model regarding the Factors affecting Vietnamese consumers' online impulsive buying behavior. The multiple regression results reveal that Performance Expectancy, Effort Expectancy, Social Influence, and Online Buying Intention play a crucial role in amplifying the development of online impulsive buying behavior in Vietnam. Keywords: buying behavior, online buying, impulsive buying behavior, compulsive buying behavior, UTAUT, Vietnam DOI: 10.7176/EJBM/13-6-19 Publication date:March 31st 2021

Individual and occupational differences in perceived organisational culture of a central hospital in vietnam

Many hospitals in developing countries, including Vietnam, are facing the challenges of increasingly noncommunicable diseases and the financial autonomy policy from the government. To adapt to this new context requires understanding and changing the current organisational culture of the hospitals. However, little has been known about this in resource-constrained healthcare settings. The objectives of this study were to examine the four characteristics of the organisational culture and test selected individual and occupational differences in the organisational culture of a Vietnam central hospital. In a cross-sectional study using the Organisation Culture Assessment Instrument (OCAI) with the Competing Value Framework (CVF), including 4 factors, Clan, Adhocracy, Hierarchy, and Market, health workers currently working at Quang Nam General Hospital were interviewed. The results indicated the current cultural model was more internally focused with two dominant cultures, Clan and Hierarchy, while, for the desired model, the Clan culture was the most expected one. Comparing between the current and desired pattern, the down trend was found for all types of culture, except the Clan culture, and there were significant differences by domains of organisational culture. Furthermore, the current and desired models were differently distributed by key individual characteristics. These differences have raised a number of interesting directions for future research. They also suggest that, to build a hospital organisational culture to suit both current and future contexts as per employees' assessment and expectation, it is important to take individual and institutional variations into account. © 2018 Huy Nguyen Van et al. **Please note that there are multiple authors for this article therefore only the name of the first 5 including Federation University Australia affiliate “Huy Nguyen” is provided in this record*

Digital Transformation In Training And Political Theory Training

Digital transformation is an inevitable trend that cannot be reversed and involves the participation of the entire society. It has been and is taking place in many areas of social life, including education and training, and is yielding many positive results. For the theoretical political education activities in Vietnam, digital transformation is the process of changing traditional training and development methods to modern ones, including both infrastructure and training methods, teaching methods, training management, and maximizing technology to achieve high efficiency. This is reflected through the quality of work of the cadre, civil servants, and officials after being trained, who are able to apply the theories they have learned into practical work in their localities, sectors, and fields. This article discusses the prominent characteristics of digital transformation in political theory training and development activitie