DOI:

Abstract

Since Vietnam?s transition from a centralized economy to the market-oriented one, many strategic management accounting (SMA) devices have been adapted by Vietnamese enterprises. Nonetheless, there has yet to be a research on factors affecting SMA as well as impacts of SMA on the business performance. Based on relevant research in the world, this paper uses a survey of 220 medium and large-sized enterprises in Vietnam. The results indicate that competitiveness and managerial decentralization are two major factors that profoundly affect application of SMA in Vietnam and that SMA devices can help improve the business performance financially and non-financially.

Keywords

Strategic Management Accounting; Influential Factors; Business Performance.