Determinants Influencing The Application of Management Accounting: The Case of Vietnam

Authors

  • THANH HUYEN NGUYEN
  • MANH DUNG TRAN
  • XUAN HUNG NGUYEN

Keywords:

Factors, application of management accounting, Vietnam

Abstract

The study aimed to determine the factors influencing the level of application of management accounting in feed production firms in Vietnam. Data were collected from the survey of 228 feed production firms in Vietnam. The study employs the combination of qualitative and quantitative methods with building multivariate regression models of determinants affecting the application of management accounting in those firms. The results contribute to building a multivariate regression model of factors affecting the application of management accounting in food production firms. Based on the findings, some recommendations are proposed for improving the effectiveness of applying management accounting in Vietnamese food production firms.

References

Abdel-Kader, M., & Luther, R. (2008). The impact of firm characteristics on management accounting practices: A UK-based empirical analysis. The British Accounting Review, 40(1), 2 - 27.

Ahmad, K. (2012). The use of management accounting practices in Malaysian SMEs. PhD Thesis. University of Exeter, England.

Adam, K. (2014). The adoption of management accounting practices in Malaysian small and medium-sized firms. Asian Social Science, 10(2), 236-245.

Chenhall, R.H., & Langfield-Smith, K. (1998). Adoption and benefits of management accounting practices: an Australian study. Management accounting research, 9(1), 1- 19.

Chenhall, R.H. (2006). Theorizing contingencies in management control systems research.

Handbooks of management accounting research, 1, 163-205.

Dinh, P.H., Vo, V.N.&Tran, P. (2018). Quantitative Research inaccounting – auditing, Finance Publishing House.

Hair, JF., Anderson, R.E., Tatham, R.L. & Black, W.C (1998), Multivariate data analysis, 5th

edition, Englewood Cliffs, NJ: Prentice – Hall International, Inc.

Ministry of Agriculture and Rural Development (2020). Vietnam animal feed industry report 2020.

Maleen, Z.G., Michael, S.C.T (2009). Pick, Mix or Match? A Discussion of theories for management accounting research.Journal of Accounting – Businessand Management 16(2), 54-66.

Jensen, MC., Meckling, W.H. (1976). Theory of the Firm: Managerial Behavior, Agency cost and Ownership Structure. Journal of Financial Economics, 3(4), 305-360.

Otley, D. (1980). The contingency theory of management accounting and control: 1980 - 2014. Management accounting research, 31, 45-62.

Tran, N.H. (2016), Factors affecting the application of management accounting in small and medium firms in Vietnam, PhD Thesis, University of Economics Ho Chi Minh City, Vietnam.

Downloads

Published

2021-10-30

How to Cite

NGUYEN, T. H. ., TRAN, M. D. ., & NGUYEN, X. H. . (2021). Determinants Influencing The Application of Management Accounting: The Case of Vietnam. The Journal of Contemporary Issues in Business and Government, 27(5), 1388–1402. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2070

Issue

Vol. 27 No. 5 (2021): The journal of contemporary issues in business and government

Section

Articles

License

You are free to:

  1. Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
  2. Adapt — remix, transform, and build upon the material for any purpose, even commercially.
  3. The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Notices:

You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .

No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.