International Journal of Entrepreneurship (Print ISSN: 1099-9264; Online ISSN: 1939-4675)

Abstract

Analyzing the Difference in Corporate Ownership Structure in the Relationship between Leadership Style and Business Performance of Enterprises in Vietnam

Author(s): Nguyen Thuc Anh, Dang Thi Nhan, Le Thuc Anh & Le Dinh Tan

The purpose of the study is to analyze the difference in ownership structure (State-owned enterprises (SOEs- DNNN), non-state-owned enterprises (NSOEs- DNNNN) and foreign direct investment enterprises (FDIs- DN FDI)) in the relationship between leadership style (transformational leadership style (PCDCD), transactional leadership style (PCLDGD) and Laissez-faire leadership style (PCLDTD) and business performance of enterprises in Vietnam. The study was conducted at 500 enterprises, data was analyzed by exploratory factor (EFA), confirmatory factor analysis (CFA) and tested research hypotheses by research model by linear structure (SEM), multi-group structure analysis on SPSS 20.0 and AMOS24 software. The analysis results show that PCLDCD has a difference between enterprises in the form of ownership. PCLDGD is assessed to be stronger in SOEs than in other enterprises while PCLDCD is assessed to be stronger in NSOEs and FDIs. Based on the findings, some recommendations on leadership styles are proposed to enhance the business performance, especially for SOEs.

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