Why do micro-businesses hesitate to 'grow up'?
| Autor: | Vu Hong Van, Nguyen Khanh Doanh, Le Quang Hieu |
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| Rok vydání: | 2021 |
| Předmět: |
Public Administration
media_common.quotation_subject 05 social sciences Control (management) Theory of planned behavior 050109 social psychology Affect (psychology) General Business Management and Accounting Structural equation modeling Order (exchange) Perception 0502 economics and business Position (finance) Survey data collection 0501 psychology and cognitive sciences Psychology Social psychology 050203 business & management media_common |
| Zdroj: | Asia-Pacific Journal of Business Administration. 13:409-432 |
| ISSN: | 1757-4323 |
| Popis: | PurposeThis study analyzes the factors that affect the decisions of micro-businesses to switch to enterprises in Thanh Hoa, Vietnam.Design/methodology/approachIn order to explain the behavior of micro-businesses in switching to enterprises, the authors designed a questionnaire and collected survey data from 404 micro-businesses. The generalized structural equation modeling was applied to analyze the structured model with the dichotomous dependent variable.FindingsFirst, the behavior of micro-businesses to switch was indirectly affected by needs and directly affected by attitudes, perceived behavioral control, subjective norm and institutional quality. Second, the subjective norms exerted the most influence on the behavior of the micro-businesses in switching. This finding implies that (1) the behavior of the micro-businesses depended on the assessments, perceptions and views of their friends, relatives and colleagues, and (2) the behavior to switch stems mainly from the desire to improve the businesses' position in society. Finally, both formal and informal institutions play an essential role in the behavior of the micro-businesses to switch to enterprises.Originality/valueThere have been no previous studies that have applied structured models to test the behavior of micro-businesses to switch to enterprises. Furthermore, previous studies had mainly addressed the psychological factors or needs of micro-businesses. In this study, apart from the above factors, the authors discuss the impact of institutions on the behavior of micro-businesses to switch. |
| Databáze: | OpenAIRE |
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