Growing Science » Management Science Letters » Identify factors affecting business efficiency of small and medium enterprises (SMEs): Evidence from Vietnam

Journals


MSL Volumes


Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 9 Issue 12 pp. 1987-1998 , 2019

Identify factors affecting business efficiency of small and medium enterprises (SMEs): Evidence from Vietnam Pages 1987-1998 Right click to download the paper Download PDF

Authors: Thi Cam Thanh Tran, Ngoc Tien Nguyen

DOI: 10.5267/j.msl.2019.7.007

Keywords: Efficiency, Business efficiency, Small and medium enterprises, Vietnam

Abstract: As operating the business in the economy, all enterprises are interested in the business efficiency. Business efficiency is not only a measure of organizational performance and business management but also it is a vital issue for businesses operations. That is why defining the factors affecting business performance in enterprises, especially small and medium-sized enterprises accounted for more than 80 percentage of the enterprises in Vietnam plays a very important role in helping business managers find solutions to improve the business efficiency. This paper is conducted to determine the factors affecting the business performance of these groups of businesses from the perspective of business managers and the business. This study is based on a survey from 100 business managers and 400 small and medium enterprises in Vietnam. Through the EFA analysis tool, we found some similarities in terms of the groups of factors affecting the business performance in small and medium enterprises in Vietnam between the perspective of business managers and perspective of the enterprises. Both the surveyed groups defined that there were three factor groups influencing the business efficiency: (1) group of institutional, policy and infrastructure factors, (2) group of factors associated with enterprises and (3) group of factors related to the environment outside the enterprise.

How to cite this paper
Tran, T & Nguyen, N. (2019). Identify factors affecting business efficiency of small and medium enterprises (SMEs): Evidence from Vietnam.Management Science Letters , 9(12), 1987-1998.

Refrences
Arshad, M., & Arshad, D. (2019). Internal capabilities and SMEs performance: A case of textile in-dustry in Pakistan. Management Science Letters, 9(4), 621-628.
Alshanty, A., Emeagwali, O., Ibrahim, B., & Alrwashdeh, M. (2019). The effect of market-sensing capability on knowledge creation process and innovation Evidence from SMEs in Jor-dan. Management Science Letters, 9(5), 727-736.
Binh, N.T. (2010). Analysis of Business Activities. Statistical publisher. Ha Noi.
Cong, N.V. (2018). Business Analysis. Publishing house of National Economics University. Ha Noi.
Goverment (2018). Report on the Plenary Session, private economic development forum. National Economics University. Ha Noi.
Goverment (2018). Decree No 39/2018/NĐ-CP detailing some articles of the Law to support small and medium enterprises, issued March 11, 2018. Ha Noi.
Chittithaworn, C., Islam, M. A., Keawchana, T., & Yusuf, D. H. M. (2011). Factors affecting business success of small & medium enterprises (SMEs) in Thailand. Asian Social Science, 7(5), 180-190.
Chong, P., Ong, T., Abdullah, A., & Choo, W. (2019). Internationalisation and innovation on bal-anced scorecard (BSC) among Malaysian small and medium enterprises (SMEs). Management Sci-ence Letters, 9(10), 1617-1632.
Hang, N.T.L. (2015). Discuss the profitability of assets and the profitability of costs in businesses. Journal of Accounting & Auditing,144, 13 - 15.
Ho, D.P, Nhi, V.V., & Phuoc, T. (2018). Quantitative research in Accounting – Auditing. Financial Publishing House, Ha Noi.
Kamunge, M. S., Njeru, A., & Tirimba, O. I. (2014). Factors affecting the performance of small and micro enterprises in Limuru Town Market of Kiambu County, Kenya. International Journal of Sci-entific and Research Publications, 4(12), 1-20.
Indarti, N., & Langenberg, M. (2004). Factors affecting business success among SMEs: Empirical ev-idences from Indonesia. Journal of Asia Entrepreneurship and Sustainability, 3(2).
Trong, H., & Ngoc, C.M.N. (2011). Applied Statistics in Social- Economic Analysis. Labour and So-cial Publising House. Ha Noi.
Tien, N.N., & Manh, D.D. (2018). Current situation of profitability of assets and equity in small and medium enterprises in Binh Dinh province. Journal of Economics and Forecasting, 33(11), 49-52.
Philip, M. (2011). Factors affecting business success of small & medium enterprises (SMEs). Amity Global Business Review, 6(1), 118-136.
Quang, N.N. (2017). Business analysis. Financial Publishing House. Ha Noi.
Udriyah, U., Tham, J., & Azam, S. (2019). The effects of market orientation and innovation on com-petitive advantage and business performance of textile SMEs. Management Science Letters, 9(9), 1419-1428.

Journal: Management Science Letters | Year: 2019 | Volume: 9 | Issue: 12 | Views: 3754 | Reviews: 0

Related Articles:

Add Reviews

Name:*
E-Mail:
Review:
Bold Italic Underline Strike | Align left Center Align right | Insert smilies Insert link URLInsert protected URL Select color | Add Hidden Text Insert Quote Convert selected text from selection to Cyrillic (Russian) alphabet Insert spoiler
Security Code: *

® 2010-2024 GrowingScience.Com