A Study on Factors Affecting the Application of Social Responsibility Accounting in Manufacturing Enterprises of Vietnam

Abstract

The main aim of this research is to assess and analyze the various factors that affect the integration of social responsibility accounting (SRA) in manufacturing companies operating in Vietnam. Moreover, this study is about investigating the relationship between the application of social responsibility accounting and overall business performance. To achieve these objectives, an extensive survey involving 231 managers at all levels from different hierarchical levels was conducted. The data collected was then analyzed using a structural equation model (SEM) to examine the proposed relationships within the theoretical framework. The research findings indicate that several factors, including the competency and awareness levels of managers and accounting personnel, corporate strategy, information technology (IT) applications, and legal regulations, all have a significant impact on promoting the adoption of social responsibility accounting. Furthermore, the study provides further evidence to support the positive influence of implementing social responsibility accounting on operational performance, thus reinforcing its practical benefits.