Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/190129 
Year of Publication: 
2018
Series/Report no.: 
WIDER Working Paper No. 2018/80
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
The purpose of this paper is to investigate the scope for international private standards to play a role in reducing business risk. Business risk is measured as variability in revenue, customer base, informal payments, and temporary firm closure. The results show lower levels of business risk among certified firms, especially for firms in the middle deciles of the risk distribution. Certification also correlates negatively with risk-reduction for technologically advanced firms, as well as firms located in rural areas and northern provinces of Viet Nam. The results suggest that firms could find protection from business downsides by investing in quality management tools.
Subjects: 
risk
standards
certification
SME
Viet Nam
JEL: 
L15
D22
L21
M21
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-522-0
Document Type: 
Working Paper

Files in This Item:
File
Size
404.23 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.