tailieunhanh - The relationship between level of environmental financial accounting practices and financial performance in Vietnam

This research is conducted for assessing the relationship between the level of environmental financial accounting practices (EFAP) and financial performance (FP) of listed firms. Data were collected from listed firms on Vietnam Stock Exchange for the period from 2013 to 2017, including the firms disclosed and not disclose EFAP. | The relationship between level of environmental financial accounting practices and financial performance in Vietnam Accounting 6 2020 619 628 Contents lists available at GrowingScience Accounting homepage ac The relationship between level of environmental financial accounting practices and financial performance in Vietnam La Soa Nguyena Manh Dung Trana and Thi Hue Dangb aNational Economics University Vietnam bUniversity of Transport Technology Vietnam CHRONICLE ABSTRACT Article history This research is conducted for assessing the relationship between the level of environmental financial Received February 2 2019 accounting practices EFAP and financial performance FP of listed firms. Data were collected from Received in revised format listed firms on Vietnam Stock Exchange for the period from 2013 to 2017 including the firms February 27 2020 disclosed and not disclose EFAP. Ordinary least square OLS fixed effect model FEM and random Accepted March 8 2020 Available online effect model were employed for processing the data. The results reveal that there is a close relationship March 8 2020 between the EFAP and financial performance. In addition there is a difference in financial Keywords performance between the group of firms disclosed and not disclosed EFAP. Based on the findings Environment accounting some recommendations are given for motivating EFAP in the listed firms for improving financial Information disclosure performance. Finance performance Accounting information 2020 by the authors licensee Growing Science Canada 1. Introduction Many large corporations in the world such as Formosa British Petroleum BP Volkswagen have collapsed due to fraud in information disclosure related to environmental protection Ting 2017 . It is also a warning bell for firms to raise awareness of environmental protection and publicize environmental information to related parties. These failures and continuous business scandals have proved the need to .