This study adopted a mixed-methods approach. Representatives of MNCs in Ho Chi Minh City and four provinces participated in this research. Partial least squares structural equation modelling was used to analyze the data and test the model. | Political ties and performance of multinational corporations in Vietnamese emerging market Accounting 6 2020 241 258 Contents lists available at GrowingScience Accounting homepage ac Political ties and performance of multinational corporations in Vietnamese emerging market An Thi Hong Nguyena Phuong V. Nguyenb and Minh Ngoc Tuong Lya aThe School of Business International University Vietnam National University-Ho Chi Minh City Vietnam bCenter for Public Administration International University Vietnam National University-Ho Chi Minh City Vietnam CHRONICLE ABSTRACT Article history Local governments play a key role in attracting foreign investment and the operations of multinational Received February 2 2019 corporations MNCs in Vietnam yet limited research has focused on the emerging issues in this Received in revised format context. This study adopted a mixed-methods approach. Representatives of MNCs in Ho Chi Minh February 27 2020 City and four provinces participated in this research. Partial least squares structural equation modelling Accepted March 1 2020 Available online was used to analyze the data and test the model. The results reveal both direct and indirect relationships March 1 2020 between political ties institutional support opportunity recognition and firm performance. Keywords Recommendations for the local governments are discussed in detail. MNCs Political ties Firm performance Emerging market Integrative approach 2020 by the authors licensee Growing Science Canada 1. Introduction Although still in a transitional stage Vietnam has made much incredible economic and social advancement owing to the crucial contribution of foreign direct investment FDI . In other words FDI has become a significant contributor to Vietnam s economy. The annual average gross domestic product GDP growth rate is which has created a foundation for socioeconomic development and improvement for the country s next stage of development Ministry of
