Year: 2025
Type: article
Study design: Observational Study
Abstract: Responsibility accounting (RA) is a concept in management accounting that involves delegating authority and responsibility to managers of departments or activities within a company (Oanh, 2022; Shahwan et al., 2023). It functions as a system that provides flexible, timely, and accurate information to assess managers’ efficiency and improve firm performance (Tran et al., 2020). For listed companies, offering transparent and clear information about the performance of departments and branches is a mandatory requirement to maintain investor confidence and comply with corporate governance regulations. Despite its advantages, the adoption of RA in Vietnamese listed companies remains limited. This article investigates the factors influencing the application of RA in Vietnamese enterprises listed on the stock exchange. A survey involving 285 managers, accountants, and staff members from Vietnamese listed companies was conducted to collect data. The Statistical Package for the Social Sciences (SPSS) was used to analyze the data. The results indicate that among the factors with a proportional relationship, managers’ awareness has the most significant impact on the establishment of RA in these enterprises, while organizational costs are the only factor that negatively influences its implementation. Based on these findings, the authors propose strategies to enhance the implementation of RA in listed companies in Vietnam, aiming to improve corporate transparency, bolster investor trust, and optimize operational performance, thus contributing to long-term sustainability goals.
DOI: 10.22495/cgsrv9i2p9
Authors: Huong Tran Thi Lan, Dung Le Thanh
Institutions: Hồng Đức University, Academy Of Finance
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4410598024