Original Article
The Effects of Regional Governance, Education, and In-Migration on Business Performance
Bach Nguyen,
Nguyen Phuc Canh,
Bach Nguyen
Aston Business School, Aston University, Birmingham, UK, B54ET
University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu, District 3, Ho Chi Minh City, Vietnam
Bach Nguyen, corresponding author: Aston Business School, Aston University, Birmingham, UK, B54ET, and University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu, District 3, Ho Chi Minh City, Vietnam nguyenb1@aston.ac.uk. Nguyen Phuc Canh: School of Banking, University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu, District 3, Ho Chi Minh City, Vietnam, canhnguyen@ueh.edu.vn. [Correction added on 03 February 2020, after first online publication: A second affiliation have been added to both authors Bach Nguyen and Nguyen Phuc Canh in this version.]Search for more papers by this authorNguyen Phuc Canh
Search for more papers by this authorBach Nguyen,
Nguyen Phuc Canh,
Bach Nguyen
Aston Business School, Aston University, Birmingham, UK, B54ET
University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu, District 3, Ho Chi Minh City, Vietnam
Bach Nguyen, corresponding author: Aston Business School, Aston University, Birmingham, UK, B54ET, and University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu, District 3, Ho Chi Minh City, Vietnam nguyenb1@aston.ac.uk. Nguyen Phuc Canh: School of Banking, University of Economics Ho Chi Minh City, 59C Nguyen Dinh Chieu, District 3, Ho Chi Minh City, Vietnam, canhnguyen@ueh.edu.vn. [Correction added on 03 February 2020, after first online publication: A second affiliation have been added to both authors Bach Nguyen and Nguyen Phuc Canh in this version.]Search for more papers by this authorNguyen Phuc Canh
Search for more papers by this authorSUMMARY
National institutional settings are important to small business performance. However, national institutions take time to change. So, is there any way to boost firm performance in ‘weak’ institutional environments? This study aims to answer this question by examining the role of local institutions represented by the quality of local governance, instead of the very broad national constitutional configurations. Moreover, it is suggested that regional human capital, whether locally built-up (through local education) or externally imported (through in-migrants) is able to strengthen the positive impacts of local governance on small business performance. A test on more than 1.3 million firm-year observations of Vietnamese small businesses confirms the moderating effects of education and in-migration on the relationship between local governance and firm performance.
Supporting Information
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Data S1. Supporting information |
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