International Journal of

ADVANCED AND APPLIED SCIENCES

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

Frequency: 12
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 Volume 10, Issue 12 (December 2023), Pages: 56-65

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 Original Research Paper

Challenges in green accounting: Sustainable development for companies listed on the Vietnam stock exchange

 Author(s): 

 Thi Thuan Nguyen *

 Affiliation(s):

 Faculty of Business and Economics, Phenikaa University, Yen Nghia, Ha Dong, Hanoi 12116, Vietnam

 Full text

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0009-0003-6330-6699

 Digital Object Identifier (DOI)

 https://doi.org/10.21833/ijaas.2023.12.007

 Abstract

This research investigates the influence of various determinants on the adoption of green accounting (GA) practices and examines how these practices affect the performance of 283 enterprises listed on the Vietnam Stock Exchange. Despite mandatory environmental regulations set by the government, a limited number of businesses integrate GA into their sustainable development strategies. Employing a mixed-methods approach, this study combines qualitative and quantitative research methodologies, utilizing a multivariable linear regression model for the analysis of primary data through SPSS and AMOS software. The findings reveal that factors such as the potential for business expansion, state regulatory bodies, and corporate attributes positively influence the implementation of GA. Additionally, the research demonstrates the beneficial impact of GA on the operational efficiency of enterprises. Drawing from these findings, the study proposes strategic recommendations and solutions for listed companies and relevant stakeholders in Vietnam. These strategies aim to enhance corporate prestige and positioning, thereby contributing to the sustainable development of the national economy.

 © 2023 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

 Green accounting, Enterprise performance, Sustainable development, Vietnam stock exchange, Multivariable linear regression

 Article history

 Received 26 July 2023, Received in revised form 13 November 2023, Accepted 15 November 2023

 Acknowledgment 

The author is thankful to Phenikaa University for funding this research. I would like to thank the referees for their helpful comments and suggestions.

 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:

 Nguyen TT (2023). Challenges in green accounting: Sustainable development for companies listed on the Vietnam stock exchange. International Journal of Advanced and Applied Sciences, 10(12): 56-65

 Permanent Link to this page

 Figures

 Fig. 1 Fig. 2 Fig. 3

 Tables

 Table 1 Table 2 Table 3 Table 4 Table 5 Table 6

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