A Comprehensive Analysis Of Embezzlement Practices For Small And Medium-Sized Enterprises In Vietnam

DOI

10.2991/978-94-6463-694-9_38How to use a DOI?

Keywords

Embezzlement Behaviors; Linear regression; Enterprises; Descriptive Statistics; Generalized Method of Moments

Abstract

Embezzlement has become one of the most pressing issues in Vietnam recently, leaving significant repercussions across various fields, such as economics, politics, and education. To find out the causes and solutions to minimize the frequency and consequences of this issue, we delve into the effects of selected factors on embezzlement behaviors within Vietnamese Small and Medium-sized Enterprises (SMEs) by utilizing an extensive survey on diverse demographics and conducting an in-depth analysis of critical factors influencing embezzlement practices based on weighted linear regression. Particularly, this study embezzlement habits, giving significant insights through a variety of methods based on different factors such as Cronbach’s Alpha emphasizes the high dependability of measurable parameters to aspects that contribute significantly to our knowledge of embezzlement dynamics. The Spearman’s rank correlation coefficients reveal significant connections between embezzlement practices and seven independent factors. Notably, embezzlement methods and reasons have substantial and modest relationships, respectively. The multiple linear regression model, with a high R-squared value, yields useful prediction information. Embezzlement practices vary significantly by gender and age group. Middle-aged ladies with significant expertise make up the bulk of responders, highlighting the widespread prevalence of embezzlement across demographics. Other personal characteristics had no significant effect on embezzlement practices. The study concludes with recommendations for businesses to implement tailored preventive measures, focusing on strict management and employee education, to reduce embezzlement. The findings demonstrate significant correlations between embezzlement activities and seven principal variables, notably the methods and motivations behind these acts.

Research purpose:

The study aims to explore the causes and solutions for minimizing embezzlement in Vietnamese Small and Medium-sized Enterprises (SMEs). Specifically, it seeks to understand the factors that influence embezzlement behaviors, providing insights into their impact on businesses and society.

Research motivation:

The rising occurrence of embezzlement in Vietnam across various sectors, including economics, politics, and education, has created a need for research on the causes of such activities. Understanding these factors can help develop effective preventive measures for organizations to mitigate the damaging consequences of embezzlement.

Research design, approach, and method:

The study employed a survey-based approach, targeting diverse demographic groups within Vietnamese SMEs. Using statistical methods, such as Cronbach’s Alpha for reliability testing and Spearman’s rank correlation for determining relationships between variables, a multiple linear regression model was developed to predict embezzlement behaviors. The high R-squared value of the model suggests robust predictive power regarding factors influencing embezzlement.

Main findings:

Embezzlement practices are significantly associated with seven independent factors. The study reveals a strong link between the methods and motivations behind embezzlement. The research emphasizes the role of preventive measures, such as strict management practices and employee education, to address this issue effectively.

Practical/managerial implications:

The findings suggest that businesses should focus on tailored preventive strategies, including improved management oversight and targeted employee training, to reduce the incidence of embezzlement. Implementing these measures can lead to better protection of company assets and reduce financial losses caused by unethical behaviors.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Manh-Hung Ha
AU  - Duy-Thuc Nguyen
AU  - Zhang Yuemei
AU  - Thi-Minh-Ngoc Luu
AU  - Thanh-Thao Bui
AU  - Thuy-Huyen Le
PY  - 2025
DA  - 2025/04/30
TI  - A Comprehensive Analysis Of Embezzlement Practices For Small And Medium-Sized Enterprises In Vietnam
BT  - Proceedings of the International Conference on Emerging Challenges: Sustainable Strategies in the Data-driven Economy (ICECH 2024)
PB  - Atlantis Press
SP  - 571
EP  - 582
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-694-9_38
DO  - 10.2991/978-94-6463-694-9_38
ID  - Ha2025
ER  -