The impact of financial performance on corporate social responsibility disclosure: the case of VN100 in Vietnam

Abstract

PurposeThe purpose of this paper is to examine the impact of financial performance (FP) on corporate social responsibility disclosure (CSRD) in the top 100 listed enterprises in Vietnam (VN100).Design/methodology/approachThis paper uses the ordinary least square method to test and uses time series data of VN100 in five years from 2015 to 2019.FindingsThe results of this study show that the return on assets and return on equity have a positive impact on CSRD of VN100.Research limitations/implicationsThis paper has not covered all independent variables related to FP.Practical implicationsThe paper contribute to increasing CSRD of VN100.Social implicationsThe paper contribute to raising awareness of businesses about community and society.Originality/valueThis paper contributes to increase the level of useful information for stakeholders to meet the trend of regional and international integration.