Management accounting information usage, enterprise risk management and firm performance: Evidence from Vietnamese enterprises

Abstract

Today, enterprise risk management (ERM) has become a major concern of enterprises when they face many challenges in global competitive environment. Management accounting plays an important role in expanding and enhancing ERM implementation in an organization. Management accounting information is designed to effectively measure and report risk. The objective of this study is to test the impact of management accounting information and ERM on firm performance of Vietnamese enterprises by using Smart PLS4 software. Research results show that broad-scope management accounting information using and ERM both have a positive influence on the firm performance of enterprises.