Factors affecting the adoption of green accounting: The case of cement companies in Thanh Hoa Province

Abstract

This study focuses on analyzing the factors affecting the adoption of green accounting in cement companies in Thanh Hoa province, within the context of the cement industry’s significant environmental impact and the increasing demand for sustainable development. A quantitative research method was employed, based on surveys of operating cement companies in the area, combined with data analysis using appropriate statistical techniques. The findings show that 5 factors affect the adoption of green accounting, ranked in descending order of influence: legal environment (β = 0.236), management (β = 0.206), business characteristics (β = 0.178), accounting staff (β = 0.143), and the role of the cement association (β = 0.129). All β coefficients are positive, indicating that these factors have a positive impact on the decision to adopt green accounting. Based on the analysis results, the study proposes several recommendations to promote the systematic adoption of green accounting, contributing to improving production efficiency in alignment with sustainable development.