Article info.

ABSTRACT

Received 09 Jan  2017
Revised 08 Apr 2017

Accepted 30 Mar 2018

This paper is aimed to empirically examine the impact of managerial human resource quality on firm growth, using a primary data set of 450 firms randomly selected in the Mekong Delta, in addition, secondary data retrieved from relevant governmental organizations. Ordinary least squares estimation method was used. The results revealed that the components of managerial human resource quality effect the growth of firms. Firstly, better professional knowledge enables managers to manage firms and make use of good market opportunities. Secondly, participation in short trainings will enrich knowledge for managers so as to create chances for firms to grow. Thirdly, experience is also a valuable source to help managers avoid mistakes and spur faster firm growth. Fourthly, age has impact on firm growth. Both too young and too old managers have intrinsic weaknesses that hold back the possibility to grow of firms. Finally, overseas Chinese managers do better than Vietnamese counterparts in terms of boosting the growth of firms thanks to certain specific attributes. Solutions are then proposed to upgrade managerial human resource quality so as to promote growth of firms in the Mekong Delta.

Keywords

Firm, growth, human resource, management, MD, quality, social capital

Cited as: Nam, N.P.T. and Ninh, L.K., 2018. Impact of managerial human resource quality on growth of firms in the Mekong Delta, Vietnam. Can Tho University Journal of Science. 54(2): 46-55.