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Growing Science » Accounting » Corporate social responsibility, employee commitment, reputation, government support and financial performance in Vietnam's export textile enterprises

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Accounting

ISSN 2369-7407 (Online) - ISSN 2369-7393 (Print)
Quarterly Publication
Volume 6 Issue 6 pp. 1045-1058 , 2020

Corporate social responsibility, employee commitment, reputation, government support and financial performance in Vietnam's export textile enterprises Pages 1045-1058 Right click to download the paper Download PDF

Authors: Trong Lam Vu, Ngoc Toan Nguyen, Xuan Hung Nguyen, Quang Huy Nguyen, Hong Linh Nguyen

DOI: 10.5267/j.ac.2020.7.015

Keywords: Corporate social responsibility, Employee commitment, Government support, Corporate reputation, Financial performance, Textile, Vietnam

Abstract: The objective of this paper is to assess the impact of corporate social responsibility (CSR) on the financial performance of textile and garment export enterprises in Vietnam. We conducted an analysis on 396 textile and garment enterprises exporting in Vietnam and the results show that CSR had a positive impact on financial performance through a positive impact on corporate reputation, a positive impact on employee commitment and positive impact on government support. Since then, corporate reputation, employee commitment and government support also had a strong positive impact on the financial performance of these export textile enterprises. Finally, based on the results of testing the research hypotheses, we propose solutions for Vietnam textile enterprises in general, export textile enterprises in particular and recommend solutions for Government to support businesses to implement CSR more effectively, ensuring sustainable development for the economy.


How to cite this paper
Vu, T., Nguyen, N., Nguyen, X., Nguyen, Q & Nguyen, H. (2020). Corporate social responsibility, employee commitment, reputation, government support and financial performance in Vietnam's export textile enterprises.Accounting, 6(6), 1045-1058.

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Journal: Accounting | Year: 2020 | Volume: 6 | Issue: 6 | Views: 1912 | Reviews: 0

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