Abstract :
In this paper, factors affecting the effectiveness of controlling green credit operations at Vietnamese commercial banks are investigated based on the COSO Committee's internal control framework as well as related theories and expert interviews in the research field. With 511 valid respondents, the obtained results show that the factors “Risk Management”, “Macroeconomic Factors”, “Monitoring Activities” and “Information and Communication” affect the effectiveness of controlling green credit operations at Vietnamese commercial banks, in which “Risk Management” was formed by three components including “Control Environment”, “Risk Assessment” and “Control Activities”. Additionally, “Risk Management” was the most influencing factor, followed by “Macroeconomic Factors", “Monitoring Activities" and “Information and Communication". From this research, recommendations are proposed to promote the effectiveness of controlling green credit operations at Vietnamese commercial banks.
Keyword :
effectiveness, internal control, green credit, risk management, control environment, risk assessment, control activities, monitoring activities, information and communication, macroeconomic factors