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Quality of Sustainable Development Report of Vietnamese Enterprises
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Abstract
The disclosure of the sustainable development report is chosen by enterprises as a way to convey a positive message to stakeholders. However, the quality of sustainable development reports is always a controversial issue and receives attention from the scientific community. Therefore, the article focuses on evaluating the current status of the quality of sustainable development reports released by Vietnamese enterprises in order to help state management agencies and professional organizations have a correct view of the quality of non-financial information and develop useful solutions to improve information quality. The quality of the sustainable development report is measured through four criteria: completeness, reliability, comparability, and timeliness. Data is collected and compiled from the official information of the research sample, including the first 100 enterprises in the top 500 most profitable enterprises in Vietnam in 2023 (PROFIT500) according to the ranking of the Vietnam Report. Research results show that not only is the level of publication of sustainable development reports low, but the quality of sustainable development reports by Vietnamese enterprises does not meet quality requirements. The state and authorities need to have appropriate mechanisms and policies to improve the reliability and comparability of non-financial information published by the Vietnamese business community.
Article Details
Keywords
sustainable development report, quality, PROFIT500, non-financial information, quality requirement
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