FACTORS AFFECTING THE APPLICATION OF STRATEGIC MANAGEMENT ACCOUNTING IN THE RELATIONSHIP WITH THE PERFORMANCE OF VIETNAMESE MANUFACTURING ENTERPRISES

The purpose of this article was to identify factors affecting the application of Strategic Management Accounting (SMA) for improving the operational efficiency of manufacturing enterprises. The proposed model and research hypotheses were built based on Contingency theory and Information processing theory. Quantitative research method was used to test research hypotheses. Data was collected through a survey of managers and accountants of 183 manufacturing enterprises in Vietnam during the period between April 2020 and August 2020. The analysis results have proven that four factors (competition level, corporate culture, qualifications of accountants, and business strategy) affect the performance of the business through the mediated effect of the SMA. From here, the implications were proposed to improve business performance.