Promoting willingness to intergrate sustainable accounting and reporting towards the sustainable performance of SMEs

Abstract

Research purpose: This study examines the relationship between sustainable performance and willingness to integrate sustainable accounting and reporting (SAR) among Vietnamese small and medium-sized enterprises (SMEs). This study also investigates the determinants of willingness to integrate SAR. Research motivation: In the context of increasing global economic integration, businesses are encouraged to pursue sustainable development and disclose sustainability reporting. Therefore, it is necessary to study the role of SAR integration on sustainable performance of SMEs. Research design, approach, and method: PLS-SEM analysis on SmartPLS with data from 140 Vietnamese SMEs was used to test the hypotheses. Main findings: The results show that willingness to integrate SAR significantly impacts sustainability performance. Attitudes, social influences, and perceived behavioral control influence SMEs’ willingness to integrate SAR. Main findings: Based on the research results, several implications are suggested for regulators and managers to enhance sustainability performance and willingness to integrate SAR within Vietnamese SMEs.