International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

Frequency: 12
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 Volume 9, Issue 6 (June 2022), Pages: 145-153

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 Original Research Paper

 Factors affecting the social insurance compliance of enterprises in Vietnam

 Author(s): Tan Nghiem Le 1, *, Long Hau Le 2, Bich Tuyen Duong 3, Tran Huynh Nguyen 4, Viet Thanh Truc Tran 2, Thi Thanh Tam Nguyen 5

 Affiliation(s):

 1Department of Business Administration, School of Economics, Can Tho University, Can Tho, Vietnam
 2Department of Finance and Banking, School of Economics, Can Tho University, Can Tho, Vietnam
 3School of Economics, Nam Can Tho University, Can Tho, Vietnam
 4Vietnam Social Security, An Giang Branch, An Giang, Vietnam
 5School of Economics, Can Tho University, Can Tho, Vietnam

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0001-8332-6388

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2022.06.019

 Abstract:

This article aims to determine the factors affecting the social insurance compliance of enterprises in Vietnam. Based on the economic and behavioral approach, hypotheses on the determinants of insurance compliance are proposed. A sample of 240 enterprises with data on paying insurance premiums for employees in Vietnam from 2016 to 2018 is collected to carry out this research. According to the Probit regression model results, the enterprises' decision to comply with social insurance is significantly positively impacted by the number of employees, the proportion of female employees, the age of the managers, inspectors, and unions. On the contrary, the gender of managers, and non-state enterprises have a negative and statistically significant influence on compliance with social insurance regulations. Besides, the results in Tobit regression models reveal the proportion of female employees, seniority of participation, inspections, unions, and auditors have a positive impact on the level of social insurance compliance of Vietnamese enterprises, while foreign and non-state enterprises have a negative effect on the contribution rate of these enterprises. Most of the previous studies focused on the decision to participate in social insurance without considering the actual payment ratio compared to the regulations, and empirical studies on this topic are still limited in Vietnam. This study can be an empirical basis for managers to minimize the debt of social insurance of enterprises, and increase the responsibility of employers for government regulations related to the protection of workers' rights.

 © 2022 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords: Social insurance, Compliance, Social policies, Enterprises, Logistic regression

 Article History: Received 12 January 2022, Received in revised form ,7 April 2022, Accepted 11 April 2022

 Acknowledgment 

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Le TN, Le LH, and Duong BT et al. (2022). Factors affecting the social insurance compliance of enterprises in Vietnam. International Journal of Advanced and Applied Sciences, 9(6): 145-153

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 Tables

 Table 1 Table 2 Table 3 Table 4 Table 5 

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