TITLE:
The Impact of Organizational Commitment on Business Performance in Private Enterprises in Nghe An Province, Viet Nam
AUTHORS:
Dang Quang Tai, Nguyen Cong Tiep, Vo Minh The, Nguyen Van Tuan, Truong Cong Dat
KEYWORDS:
Organizational Commitment, Knowledge Sharing, Creative Capacity, Business Performance, Private Economics
JOURNAL NAME:
Modern Economy,
Vol.15 No.4,
April
30,
2024
ABSTRACT: The research aims to examine the impact relationship of factors pertaining to organizational commitment on the efficiency of business operations within enterprises belonging to the private economic sector in Nghe An province. Employing quantitative research methodology utilizing Exploratory Factor Analysis (EFA) and Structural Equation Modeling (SEM), with a sample size of 484 employees from various enterprises, the study results have demonstrated theoretically and practically valuable contributions by substantiating the significance of organizational commitment factors and the intermediary role of knowledge sharing in the impact relationship of all components pertaining to organizational commitment, encompassing affective commitment, continuance commitment, and normative commitment on business operational efficiency. Additionally, the research findings reveal that among the three components of organizational commitment, only normative commitment directly and positively impacts employees’ creative capacity, which in turn positively influences the business performance of enterprises within the private economic sector in Nghe An province. Furthermore, knowledge sharing is evidenced to positively impact the creative capacity. Based on the research outcomes, the authors propose several solutions to enhance business performance for private enterprises in Nghe An province.