FACTORS AFFECTING THE LEVEL OF SUSTAINABLE DEVELOPMENT INFORMATION DISCLOSURE OF ENERGY COMPANIES LISTED IN VIETNAMESE STOCK EXCHANGES

20/12/2023

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Ngày công bố: 30/05/2022

Nguyen Hoang Nam
K57 – Faculty of Accounting & Auditing
Foreign Trade University, Hanoi, Vietnam

Le Tra My
Lecturer – Faculty of Accounting & Auditing
Foreign Trade University, Hanoi, Vietnam

Abstract
The study analyses factors affecting the level of sustainable development information disclosure of energy companies listed in Vietnamese Stock Exchanges from 2018 to 2020. Data collected is presented in the form of panel data and analyzed using both descriptive and inferential statistics. The author then used SPSS to design a multiple Ordinary Least Squares (OLS) regression model to adequately analyze the impact of the factors on the level of sustainable development information disclosure. The empirical results provide evidence of a positive relationship between the Size of the Company and State Ownership with the level of sustainability disclosure of energy listed companies whilst finding no significant impact of the other factors on the level of sustainability disclosure. The study offers company stakeholders a better understanding of the role played by factors affecting the level of sustainable development information disclosure which can assist them to comply with the current legal framework, have responsibilities to the environment and society, and to improve investors’ confidence.
Keywords: Energy, information disclosure, sustainable development, listed companies, stock exchange.