Impacts of human resource management practices on firms’ performance : The case of MACHICON

• Main Author: Le, Thu Huong
• Other Authors: Chu, Chih-Chung
• Format: Theses and Dissertations
• Language: English
• Published: Khoa Quốc tế, ĐHQGHN 2020
• Subjects: Human resource; Human resource management; firm’s performance; MACHICON
• Online Access: http://repository.vnu.edu.vn/handle/VNU_123/89583
• Institution: Vietnam National University, Hanoi

Human resource management (HRM) is the most important function of managing an enterprise. Reforming HRM to improve enterprises’ performance and efficiency has been a practical requirement especially for state-owned companies which have equitized. This study arises from the need to manage the HR of the Vietnamese firms more effectively, especially at the state companies after their equtisation process. MACHICON is a joint stock company, which has been owned 51 percent of the capital by the Vietnamese government. Investigating the impacts of HRM on the firm’s performance is especially important to the MACHICON. With special ownership characteristics of combining state and private owners, the HRM in the company has influenced by both the traditional and modern methods of personal management. It is critical for this company to reform its HRM toward market rules. Moreover, the changes in HRM of MACHICON is also able to reflect the common trend of HRM in Vietnam as the company has been transforming in to a joint stock company since 2008. Examining HRM practices in this company might provide a view of HRM practices changed toward adapting marker rules in Vietnam.