THE EFFECTS OF BUSINESS EFFICIENCY TO DISCLOSE INFORMATION OF SUSTAINABLE DEVELOPMENT: THE CASE OF VIETNAM

Bài báo do nhóm tác giả: Nguyen Van Linh, Dang Ngoc Hung, Dang Thai Binh, Vu Thi Thuy Van, Nguyen Thi Mai Anh; Trường Đại Học công nghiệp Hà Nội, Viện Hàn Lâm Khoa học Xã hội, Trường Đại học kinh tế Quốc dân. Được đăng tải trên tạp chí Asian Economic and Financial Review

THE EFFECTS OF BUSINESS EFFICIENCY TO DISCLOSE INFORMATION OF SUSTAINABLE DEVELOPMENT: THE CASE OF VIETNAM

Bài báo do nhóm tác giả: Nguyen Van Linh, Dang Ngoc Hung, Dang Thai Binh, Vu Thi Thuy Van, Nguyen Thi Mai Anh; Trường Đại Học công nghiệp Hà Nội, Viện Hàn Lâm Khoa học Xã hội, Trường Đại học kinh tế Quốc dân. Được đăng tải trên tạp chí Asian Economic and Financial Review

Abstract: This paper studies the impact of business efficiency on the level of sustainable development information disclosure of Vietnamese enterprises by using path structure model with the data of 294 enterprises listed on the stock market in 3 years from 2015 to 2017. Research results show that the level of sustainable development information disclosure of Vietnamese enterprises listed on the stock market is still quite low. This study has identified factors that positively influence the level of sustainable development information disclosure including business efficiency, firm size, Big4 and the number of members of the board of directors. The negative influencing factors with the level of sustainable development information disclosure are financial leverage and business sector. Based on the research results, the study propose some recommendations to improve the level of sustainable development information disclosure of enterprises in Vietnam: (i) promote disclosure of sustainable development for their benefit to businesses; (ii) supplement and improve the current legal system in Vietnam to create a solid legal basis for the implementation of sustainable development information disclosure. Contribution/ Originality: The contribution of this study is to apply path structure model with the data of 294 enterprises listed on the Vietnam stock market in 3 years from 2015 to 2017. This study has identified factors that positively influence the level of sustainable development information disclosure including business efficiency, firm size, Big4 and the number of members of the board of directors. The negative influencing factors with the level of sustainable development information disclosure are financial leverage and business sector.

Keywords: Information disclosure; Business efficiency; Sustainable development; Social responsibility; Financial leverage; Vietnam.

https://www.researchgate.net/publication/332933661_THE_EFFECTS_OF_BUSINESS_EFFICIENCY_TO_DISCLOSE_INFORMATION_OF_SUSTAINABLE_DEVELOPMENT_THE_CASE_OF_VIETNAM