Social Involvement Disclosure and the Linkage with the Performance of Companies Listed on Vietnam’s Stock Market

Tóm tắt

In the context that Vietnam’s stock market develops with higher transparency, stakeholders’ needs for information provided by listed companies grow, too; information disclosure by companies including the information on their sustainable development is progressively noticed by stakeholders and the companies themselves. By surveying the social involvement disclosure in the annual reports within 3 years from 2017 to 2019 of listed companies on the stock market in Vietnam, and using a regression model on the relationship between the degree of disclosure of social involvement disclosure and the performance of enterprises, the articles provides an assessment of the current state of social involvement disclosure, and confirms its impact on the performance of the companies. In addition, the article also proposes some recommendations related to regulations on social involvement disclosure for listed companies in Vietnam.