Employee Flourishing and Well-being: A Cross-Cultural Comparison of Indian and Vietnamese Self-Owned Enterprises

Abstract

This study investigates the psychosocial correlates of employee well-being (WB) by examining the roles of employee flourishing (FS) in Self-Owned Enterprises (SOEs) across India and Vietnam. While the importance of FS in fostering a healthy workforce is well-established, empirical research remains scarce, especially within the informal structures of SOEs and in cross-national comparisons between these two culturally distinct, rapidly developing economies. A sample of 348 employees (181 from Vietnam, 167 from India) was analyzed using descriptive, correlational, and multiple linear regression analyses. The results confirmed that FS is significant positive predictors of WB. Importantly, the predictive relationship is strongly moderated by nationality, with the correlations and predictive power being significantly stronger for Vietnamese employees (R2=0.424) than for their Indian counterparts (R2=0.186). These findings support the propositions in organizational psychology research that are more interested in cultural patterns, especially in non-Western, culturally mature countries such as Vietnam and India.