Challenges and Determinants of Management Accounting in Non-Public Higher Education Institutions

Abstract

This study analyzes the factors affecting management accounting systems (MAS) in non-public universities in Vietnam, in the context of higher education autonomy and international integration. Based on a survey of 210 managers and accountants, the SEM model indicates that legal-regulatory frameworks and accountants’ competence exert the strongest influence, followed by organizational culture and technology adoption, while competitive pressure has only a limited effect. These findings reinforce institutional theory and the resource-based view, while providing important empirical evidence for the higher education context. The results suggest policy implications for the government, non-public universities, and professional associations in improving MAS towards financial transparency, enhanced governance capacity, and sustainable competitiveness.