FACTORS AFFECTING THE APPLICATION OF STRATEGIC MANAGEMENT ACCOUNTING IN ENTERPRISES LISTED ON THE STOCK MARKET IN VIETNAM

Abstract

Strategic management accounting (SMA) is an evolution of traditional management accounting with a future orientation and more outward information, greatly helping to support the strategic process of enterprises in competitive economy. To promote the application of SMA in Vietnamese enterprises, it is necessary to understand the factors affecting the application of SMA. The study was conducted in combination with qualitative and quantitative research to detect and test the factors that have an impact on the application of SMA in listed companies on Vietnam stock market. The results show that factors such as the application of information technology in business operations, democratic leadership style, the perceivable economic uncertainty of the business environment, and strategic orientation have a positive influence to the SMA.