Academy of Accounting and Financial Studies Journal (Print ISSN: 1096-3685; Online ISSN: 1528-2635)


Study the Factors Affecting the Presentation and Disclosure of Sustainable Development Information of Vietnamese Enterprises

Author(s): Le Anh Tuan, Pham Ngoc Toan, Nguyen Xuan Hung

In fact, many companies listed on Vietnam's stock market do not yet have sufficient economic and social information or activities to ensure sustainability for investors. Information such as community investment, emissions levels, water use, and employee welfare, human resource diversity and committee independence may not be available to the public invest. The lack of this information can lead to the opportunity to attract capital from investors with high social and environmental responsibility standards. Many investors, including institutional investors and organizations those are aware of the importance of sustainability issues as a driver of financial performance as well as an indicator. In order to assess the environmental and social impact of businesses, this information is needed to make sound investment decisions. Through this study, the author's group pointed out that all 6 factors include (1) firm size; (2) Operating industry characteristics; (3) Legal provisions; (4) Information needs of related parties; (5) Opportunities for growth and (6) Competitive pressures have a positive influence on the presentation and disclosure of sustainable development information in the Vietnam Business Report system.

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