Relationship between sustainability reporting and firm’s value: Evidence from Vietnam
Recent sustainability reporting (SR) has been of particular interest to stakeholders in developed countries but has begun to be studied in developing countries. The purpose of this study is to examine the relationship between SR and firm value (FV) of non-financial firms listed on the Vietnamese sto...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2022-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2022.2082014 |
| _version_ | 1811249074235506688 |
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| author | Nguyen Van Linh Dang Ngoc Hung Ta Quang Binh |
| author_facet | Nguyen Van Linh Dang Ngoc Hung Ta Quang Binh |
| author_sort | Nguyen Van Linh |
| collection | DOAJ |
| description | Recent sustainability reporting (SR) has been of particular interest to stakeholders in developed countries but has begun to be studied in developing countries. The purpose of this study is to examine the relationship between SR and firm value (FV) of non-financial firms listed on the Vietnamese stock exchange. The authors used the combined method to measure the level of SR disclosure according to GRI standards of 360 enterprises in the period 2015–2019. The research results have revealed a positive relationship between SR and FV when measuring the SR by the aggregate indicator and components such as the general indicators, the economic dimension and the environmental and social dimensions. The research results suggest some recommendations to increase awareness and improve SR publication, which will help businesses add value. |
| first_indexed | 2024-04-12T15:40:08Z |
| format | Article |
| id | doaj.art-8f6bbed70335422e898ed82544f82dae |
| institution | Directory Open Access Journal |
| issn | 2331-1975 |
| language | English |
| last_indexed | 2024-04-12T15:40:08Z |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj.art-8f6bbed70335422e898ed82544f82dae2022-12-22T03:26:50ZengTaylor & Francis GroupCogent Business & Management2331-19752022-12-019110.1080/23311975.2022.2082014Relationship between sustainability reporting and firm’s value: Evidence from VietnamNguyen Van Linh0Dang Ngoc Hung1Ta Quang Binh2Hanoi University of Industry, Hanoi VietnamFaculty of Accounting and Auditing, Hanoi University of Industry, Hanoi VietnamThuongmai University, VietnamRecent sustainability reporting (SR) has been of particular interest to stakeholders in developed countries but has begun to be studied in developing countries. The purpose of this study is to examine the relationship between SR and firm value (FV) of non-financial firms listed on the Vietnamese stock exchange. The authors used the combined method to measure the level of SR disclosure according to GRI standards of 360 enterprises in the period 2015–2019. The research results have revealed a positive relationship between SR and FV when measuring the SR by the aggregate indicator and components such as the general indicators, the economic dimension and the environmental and social dimensions. The research results suggest some recommendations to increase awareness and improve SR publication, which will help businesses add value.https://www.tandfonline.com/doi/10.1080/23311975.2022.2082014Sustainability reportenterprise valueoperational efficiencysocial responsibilityGRIG32 |
| spellingShingle | Nguyen Van Linh Dang Ngoc Hung Ta Quang Binh Relationship between sustainability reporting and firm’s value: Evidence from Vietnam Cogent Business & Management Sustainability report enterprise value operational efficiency social responsibility GRI G32 |
| title | Relationship between sustainability reporting and firm’s value: Evidence from Vietnam |
| title_full | Relationship between sustainability reporting and firm’s value: Evidence from Vietnam |
| title_fullStr | Relationship between sustainability reporting and firm’s value: Evidence from Vietnam |
| title_full_unstemmed | Relationship between sustainability reporting and firm’s value: Evidence from Vietnam |
| title_short | Relationship between sustainability reporting and firm’s value: Evidence from Vietnam |
| title_sort | relationship between sustainability reporting and firm s value evidence from vietnam |
| topic | Sustainability report enterprise value operational efficiency social responsibility GRI G32 |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2022.2082014 |
| work_keys_str_mv | AT nguyenvanlinh relationshipbetweensustainabilityreportingandfirmsvalueevidencefromvietnam AT dangngochung relationshipbetweensustainabilityreportingandfirmsvalueevidencefromvietnam AT taquangbinh relationshipbetweensustainabilityreportingandfirmsvalueevidencefromvietnam |