Social and Environmental Accounting for Sustainable Development and Potential Research in Vietnam
Main Article Content
Abstract
With the increasing adoption and usage of social and environmental accounting, sustainable development has become the goal and priority of countries and organizations. In this global trend, Vietnam has already integrated 17 Sustainable Development Goals (SDGs) of the United Nations with 115 targets into its sustainable national development strategy. Social and Environmental Accounting (SEA) is vital to help governments and organizations achieve sustainable practices journeys. However, SEA is still new for most enterprises in Vietnam. Therefore, this paper reviewed the literature on SEA to identify its characteristics and potential for future research in Vietnam. We employed desk research and systematic literature reviews as research methods. We found a big gap in Vietnamese language-published articles on SEA and international publications. We summarized SEA literature in other countries and Vietnam to see the characteristics of SEA and realized that the number of articles on SEA is still limited in Vietnam. Hence, we proposed the research potentials of SEA in the Vietnamese context for sustainable development, emphasizing the potential impact of this research on the future of sustainable development in Vietnam. Our paper sheds light on a new accounting tool for researchers and practitioners to expand their research and business toward the goal of sustainable development in Vietnam.
Keywords
Social and environmental accounting, sustainable development, potential, research, Vietnam
Article Details
References
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Development): Our Common Future, Oxford
University Press, Oxford, 1987
[2] P. Bartelmus, Seifert, E. K. Green accounting, The
international library of environmental economics and
policy series, International Journal of Managerial
Finance, vol. 12, no. 2, pp. 211-240, 2003.
[3] S. Schaltegger, and Sturm A. Environmentally
Oriented Decisions in Companies (in German:
Ökologieorientierte Entscheidungen in Unternehmen).
Bern/Stuttgart: Haupt, 2nd ed.1992/94
[4] R. Gray, & Bebbington, J., An account of
sustainability: failure, success and a
reconceptualization, Critical Perspectives on
Accounting, vol. 12, pp. 557-587, Oct. 2001.
https://doi.org/10.1006/cpac.2000.0450
[5] R. Gray. Imagination: a bowl of petunias and social
accounting, Critical Perspectives on Accounting,
vol. 9, no. 2, pp. 205-216, Apr. 1998.
https://doi.org/10.1006/cpac.1997.0169
[6] R. Gray, Adams, C., & Owen, D. Accountability,
Social Responsibility and Sustainability, Pearson.
London Education, 2014.
[7] Liu G., Yin X., Pengue W., Benetto E., Huisingh D.,
Schnitze H., Wang Y.and Casazza M., Environmental
accounting: in between raw data and information use
for management practices, Journal of Cleaner
Production, vol. 197, no. 1, pp. 1056-1068, Oct. 2018.
https://doi.org/10.1016/j.jclepro.2018.06.194
[8] M. Orlitzky, G. Whelan, On the effectiveness of social
and environmental accounting, Issues in Social and
Environmental Accounting, vol. 1, no. 2, pp. 311-333,
Dec. 2007.
https://doi.org/10.22164/isea.v1i2.20
[9] A. Meiryani, Susanto, Warganegara, D.L. The issues
influencing of environmental accounting information
systems: an empirical investigation of SMEs in
Indonesia, International Journal of Energy Economics
and Policy, vol. 9, no.1, pp. 282-290, 2019.
[10] S. Scarpellini, Vinuesa L. M. M., Usón A. A.,
Tarragona P. P., Dynamic capabilities and
environmental accounting for the circular economy in
businesses, Sustainability Accounting, Management
and Policy Journal, vol. 11, no. 7, pp. 1129-1158,
2020.
https://doi.org/10.1108/SAMPJ-04-2019-0150
[11] N. Asiri, Khan T., Kend M., Environmental
management accounting in the Middle East and North
Africa region: Significance of resource slack and
coercive isomorphism, Journal of Cleaner Production,
vol. 267, Sep. 2020.
https://doi.org/10.1016/j.jclepro.2020.121870
[12] Bebbington J. and Unerman J., Advancing research
into accounting and the UN Sustainable Development
Goals, Accounting, Auditing & Accountability
Journal, vol. 33, no. 7, pp. 1657-1670, 2020.
https://doi.org/10.1108/AAAJ-05-2020-4556
[13] S. Du, C. Bhattacharya, S. Sen., Corporate social
responsibility and competitive advantage: Overcoming
the trust barrier, Management Science, vol. 57, no. 9,
pp.1528-1545, Aug. 2011.
https://doi.org/10.1287/mnsc.1110.1403
[14] Isack M., Mittelbach-Hörmanseder S. and Aschauer
E., The structure of social and environmental
accounting research: a citation-based social network
analysis, Accounting Perspectives, vol. 21, no. 4,
pp. 581-641, 2022.
https://doi.org/10.1111/1911-3838.12322
[15] Nguyen L. S., Nguyen T. K. H. and Tran T. T. H.,
Factors affecting the disclosure level of environmental
accounting information: A case study at mining
companies listed on the Vietnamese stock market,
Journal of Economics and Development, vol. 261,
no. 3, pp. 81- 90, 2019.
[16] Nguyen Thi Nga, Environmental Management
Accounting at Steel Companies in Vietnam, Doctoral
thesis, 2018. (In Vietnamese: Kế toán quản trị chi phí
môi trường trong các doanh nghiệp sản xuất thép tại
Việt Nam)
[17] W. Qian, Burritt R. and Chen J., The potential for
environmental management accounting development
in China, Journal of Accounting & Organizational
Change, vol. 11, no. 3, pp. 406-428, Sep. 2015.
https://doi.org/10.1108/JAOC-11-2013-0092
[18] H. S. Tooranloo, Shahamabad M. A., Designing the
model of factors affecting social and environmental
accounting implementation with the ISM approach,
International Journal of Ethics and Systems, vol. 36,
no. 3, pp. 387-410, Aug. 2020.
https://doi.org/10.1108/IJOES-12-2019-0190
[19] X. Huang, L. Watson, Corporate social responsibility
research in accounting, Journal of Accounting
Literature, vol. 34, no. 1, pp 1-16, Mar. 2015.
https://doi.org/10.1016/j.acclit.2015.03.001
[20] C. Deegan, Twenty five years of social and
environmental accounting research within critical
perspectives of accounting: hits, misses and ways
forward, Critical Perspectives on Accounting, vol. 43,
pp. 65-87, Mar. 2017.
https://doi.org/10.1016/j.cpa.2016.06.005