ESG-Integrated Accounting Information Systems and Green Decision-Making Effectiveness: The Moderating Role of Top Management Commitment

Abstract

This study aims to examine the influence of the level of environmental, social, and governance (ESG) integration into accounting information systems on green decision-making effectiveness, while simultaneously assessing the moderating role of top management commitment in Vietnamese listed enterprises. The study applies a quantitative method with a cross-sectional design, collecting data from 416 listed enterprises on HOSE and HNX through survey questionnaires. Data were analyzed using structural equation modeling (SEM) with SPSS and AMOS software. The results indicate that the level of ESG integration into accounting information systems has a positive impact on green decision-making effectiveness (β = 0.487, p < 0.001). However, an important finding is the distinct differentiation among components: environmental and governance data integration have strong impacts, while social data integration lacks statistical significance. Top management commitment plays a positive moderating role, in which resource allocation and direct involvement have significantly stronger impacts than declarative support. These findings suggest that enterprises should prioritize environmental and governance data integration, while leaders need to shift from declarative commitment to concrete action commitment. The uniqueness of this study lies in decomposing ESG components and leadership commitment, challenging assumptions about the homogeneity of the three ESG pillars in emerging economies, while providing the first empirical evidence on ESG integration mechanisms into accounting systems in the Vietnamese context.