http://localhost:8080/xmlui/handle/123456789/12592 2026-04-18T21:03:37Z 2026-04-18T21:03:37Z Beason, Richard Tran, Tu Thi Thanh Daoc, Dong Phuong Nguyen, Hong Minh http://localhost:8080/xmlui/handle/123456789/12716 2025-08-09T02:54:16Z 2022-12-01T00:00:00Z

Title: Insiders, Outsiders and Performance of Vietnamese Firms Authors: Beason, Richard; Tran, Tu Thi Thanh; Daoc, Dong Phuong; Nguyen, Hong Minh Abstract: Abstract: The consensus in the finance literature is that a large proportion of inside ownership (defined as greater than 5% share ownership by non-institutional holders, managerial holdings, founding family holdings, cross-shareholdings by affiliated firms and ownership by creditors) tends to be associated with more unsatisfactory performance (as measured by ROE or ROA) when compared to firms with lower inside ownership, all else equal. However, this need not be the case if insiders act as monitors of the firm and have the same interest in returns as outsiders. Ownership structure and firm level financial performance have not been widely studied in Vietnam. Using data from 729 listed firms in Vietnam for 2018, we test the hypothesis that greater insider ownership has a negative impact on firm performance. We found that Vietnam's insiders play a monitoring role, exercising their relative power to ensure the firm's profitable functioning. These findings are inconsistent with research on Japanese groupings, as well as other findings. The Vietnamese stock market does not appear to be negatively affected by insider influence; indeed, insiders appear to act as positive monitors.

2022-12-01T00:00:00Z Nguyen, Nhan Nguyen, Cuong Khuu, Phat Nguyen, Kha http://localhost:8080/xmlui/handle/123456789/12715 2025-08-09T02:52:15Z 2022-11-01T00:00:00Z

Title: Panic Purchasing: Food Hoarding in a City under Lockdown during the COVID-19 Pandemic Authors: Nguyen, Nhan; Nguyen, Cuong; Khuu, Phat; Nguyen, Kha Abstract: Abstract: This research aimed to investigate the determinants of panic purchasing to hoard food in Ho Chi Minh City during the lockdown caused by the COVID-19 pandemic. Pragmatism and the deduction approach were used for the research. During the lockdown period in Ho Chi Minh City, the purposive sampling technique was the first method used to reach the population that needed to be measured. Then, simple sampling was the second technique to collect data in the city in July and August 2021. Data were collected from 584 participants—higher than the required minimum sample size—who fulfilled the essential criteria to be included in the sample’s population. Multi-quantitative methods, including descriptive statistics, reliability tests for items, exploratory factor analysis, and linear regression analysis, were used to analyze the data obtained. The main findings are that perceived scarcity, susceptibility, severity, cues to action, and self-efficacy impacted panic purchasing to hoard foods. The results of this study are compared to the literature review in order to discuss panic buying behaviour, and recommendations are offered to policymakers and researchers in the future.

2022-11-01T00:00:00Z Maduretno, Raden Bernard Eka Hutomo Putra Junaed, M.F. Sheellyana http://localhost:8080/xmlui/handle/123456789/12713 2025-08-09T02:50:09Z 2022-10-01T00:00:00Z

Title: Exploring the Effects of Coffee Shop Brand Experience on Loyalty: The Roles of Brand Love and Brand Trust Authors: Maduretno, Raden Bernard Eka Hutomo Putra; Junaed, M.F. Sheellyana Abstract: Abstract: Loyalty is an essential asset for a particular brand to maintain excellent relationships with its customers and secure its continuing long-term business. An understanding customers' emotional and rational dimensions regarding brand performance is required to collect information to develop a great brand management strategy. Therefore, this study examines mediating roles of both brand love and brand trust in relation to the dimensions of brand experience (sensory, affective, intellectual, and behavioral) and brand loyalty in the coffee shop business context. A total of 225 valid questionnaires were collected from Generation Z (Gen Z) and Y (Gen Y) coffee consumers in Yogyakarta, Indonesia. The Partial Least Squares Structural Equation Modeling (PLS-SEM) was selected as an analytical method to evaluate the research results. The results show that affective, intellectual, and behavioral experiences directly influence brand love and brand trust, while the sensory experience only affects brand love. Furthermore, brand love and brand trust are proven to have a direct influence on brand loyalty. Subsequently, brand love successfully mediates the effect of each dimension of brand experience on brand loyalty. In contrast, brand trust is not successful in mediating the effect of sensory experience on brand loyalty. The results also clearly show that none of the model coefficient paths are significantly moderated by generation due to the small age gap. Finally, the findings suggest what all factors that could enhance brand loyalty to achieve competitive advantages and develop marketing strategies are. Limitations and further research are also discussed.

2022-10-01T00:00:00Z Alif, Muhammad Ikhsan Nastiti, Tur http://localhost:8080/xmlui/handle/123456789/12711 2025-08-09T02:48:03Z 2022-09-01T00:00:00Z

Title: Empowering Leadership in Creativity and Work-Effort: An Elucidation through the Psychological Empowerment and SelfLeadership of the Millennials Generation Authors: Alif, Muhammad Ikhsan; Nastiti, Tur Abstract: Abstract: The purpose of this article is to elucidate the relations of empowering leadership on creativity and work-effort by using psychological empowerment and self-leadership. This elucidation contributes to fill the void in empirical studies by simultaneously examining the dynamics of relations among empowering leadership, creativity, work-effort, psychological empowerment, and self-leadership. The social exchange theory is applied to theoretically explain the psychological mechanisms among the constructs. As millennials are categorized as a creative generation, this study focuses on discussing the factors influencing their creativity and work-effort, with a specific notion of empowerment. This study is based on survey data (n = 113) of millennial generation employees working in digital start-up creative industries in Indonesia. Partial least squares structural equation modeling (PLS-SEM) is used to estimate the model. Results of the study find that empowering leadership influences employee creativity and work-effort either directly or indirectly through psychological empowerment and self-leadership. More specifically, the psychological empowerment of employees partially mediates the influence of empowering leadership on employee creativity and employee work-effort. Employee self-leadership also partially mediates the effect of empowering leadership on psychological empowerment, creativity, and employee work-effort. This study implies the practical and theoretical application of empowering leadership in the creativity context of the millennial generation.

2022-09-01T00:00:00Z