| dc.description.abstract | It is generally agreed that in a joint stock credit institution, beside financial indicators;
Corporate Governance and ownership play fundamental roles in JSCI operation and overall
performance. In Vietnam, there are several surveys about Corporate Governance in general
and Corporate Governance and Firm Performance in particular. However; the relationships
among Corporate Governance, Ownership and Performance have not yet been explored.
This research attempts to find out whether there is any relationship between Corporate
State Ownership and Performance. In addition, the research would investigate if Corporate
Governance can mediate the relationship. The research will be conducted on Vietnam joint
stock credit institutions.
It is revealed from the analysis of 42 JSCIs for specific period of time from 2009 to
2011 that there is a positive association between State Ownership and Performance.
Arguably, if State Ownership ‘‘causes’’ Performance, it should be through the channel of
Corporate Governance. For this reason, the study checks the robustness of this positive
SO/performance finding by analyzing the role of Corporate Governance as a Mediator. It can
be emerged that State Ownership in the specific context of Vietnam joint stock credit
institutions may represent a strategic asset.
Key works: Joint Stock Credit Institution, Corporate Governance, State Ownership,
Performance, Mediator. | en_US |
