Application of management accounting and business performance: A literature review
Downloads
Research on the application and benefits of management accounting has been carried out by many studies from many developed and developing countries in recent decades. However, there are still limitations to the empirical evidence proving the correlation between management accounting and corporate performance. The study is based on a survey of domestic and foreign scientific documents on the application of management accounting and enterprise performance, through the method of analysis, comparison and synthesis in order to provide an overview of the relationship between management accounting application and enterprise performance. The results show the fact that traditional management accounting is widely used and still brings many benefits. In addition, there is a contradiction that shows the inconsistency in the correlation between the application of management accounting and corporate performance in many studies. In particular, studies on the application of management accounting in Thailand have mostly stopped at identifying the factors affecting the application of management accounting at enterprises but have not evaluated the business results achieved from the application of management accounting.
Downloads
Abdel-Kader, M., & Luther, R. (2008). The impact of firm characteristics on management accounting practices: A UK-based empirical analysis. The British Accounting Review, 40(1), 2-27.
Abdel‐Kader, M., & Luther, R. (2006). Management accounting practices in the British food and drinks industry. British food journal, 108(5), 336-357
Abdel Al, S. F., & McLellan, J. D. (2013). Strategy and Management Accounting Practices Alignment and Its Effect on Organizational Performance. Journal of Accounting, Business Management, 20(1), 1- 27.
Abernethy, M. A., & Guthrie, C. H. (1994). An empirical assessment of the “fit” between strategy and management information system design. Accounting Finance, 34(2), 49-66.
Agbejule, A. (2005). The relationship between management accounting systems and perceived environmental uncertainty on managerial performance: a research note. Accounting business research, 35(4), 295-305.
Ahmad, K. (2017). The implementation of management accounting practice and its relationship with performance in Small and Medium Enterprises sector. International Review of Management Marketing, 7(1).
Ahmad, N. S. M., & Leftesi, A. (2014). An exploratory study of the level of sophistication of management accounting practices in Libyan manufacturing companies. International Journal of Business Management, 2(2), 1.
Al-Omiri, M., & Drury, C. (2007). A survey of factors influencing the choice of product costing systems in UK organizations. Management accounting research, 18(4), 399-424.
Angelakis, G., Theriou, N., & Floropoulos, I. (2010). Adoption and benefits of management accounting practices: Evidence from Greece and Finland. Advances in Accounting, 26(1), 87-96.
Anh, D. N. P. (2012). The Adoption of Western Management Accounting Practices in Vietnamese Enterprises During Economic Transition. In Griffith University.
Anh, D. N. P. (2016). Factors Affecting the Use and Consequences of Management Accounting Practices in A Transitional Economy: The Case of Vietnam. Journal of Economics Development, 18(1), 54-73.
Asmilia, N., & Sugiyarti, L. (2020). Managerial Performance: The Mediating Role of Strategy Management Accounting Techniques on Competitive Advantage and Organization Performance. Economics and Accounting Journal, 3(2), 80-89.
Baines, A., & Langfield-Smith, K. (2003). Antecedents to management accounting change: a structural equation approach. Accounting, organizations society, 28(7-8), 675-698.
Bandury, J., & Nahapiet, J. E. (1979). Towards a framework for the study of the antecedents and consequences of information systems in organizations. Accounting, Organizations Society, 4(3), 163-177.
Banker, R. D., Bardhan, I. R., & Chen, T.-Y. (2008). The role of manufacturing practices in mediating the impact of activity-based costing on plant performance. Accounting, organizations society, 33(1), 1- 19.
Bui, N. T., Le, O. T. T., & Nguyen, P. T. T. (2020). Management Accounting Practices among Vietnamese Small and Medium Enterprises. Asian Economic Financial Review, 10(1), 94-115.
Cadez, S., & Guilding, C. (2008). An exploratory investigation of an integrated contingency model of strategic management accounting. Accounting, organizations society, 33(7-8), 836-863.
Chenhall, R. H. (2003). Management control systems design within its organizational context: findings from contingency-based research and directions for the future. Accounting, organizations society, 28(2- 3), 127-168.
Chenhall, R. H., & Langfield-Smith, K. (1998a). Adoption and benefits of management accounting practices: an Australian study. Management Accounting Research, 9(1), 1-19.
Chenhall, R. H., & Langfield-Smith, K. (1998b). The relationship between strategic priorities, management techniques and management accounting: an empirical investigation using a systems approach. Accounting, Organizations Society, 23(3), 243-264.
Chong, H. G. (2008). Measuring performance of small-and-medium sized enterprises: the grounded theory approach. Journal of Business Public Affairs, 2(1), 1-10.
Chong, V. K., & Chong, K. M. (1997). Strategic choices, environmental uncertainty and SBU performance: a note on the intervening role of management accounting systems. Accounting Business Research, 27(4), 268-276.
Chow, C. W., Duh, R.-R., & Xiao, J. Z. (2006). Management accounting practices in the People's.
Hung, P. H. (2022). Influence Of Factors On Responsible Accounting Organization In Enterprises: Evidence From Vietnam. Journal of Positive School Psychology, 6(7), 4112-4130.
Hung, P. H. (2022). Audit Service Quality And Loyalty To Audit Firms: Empirical Evidence From Vietnam. Journal of Positive School Psychology, 6(7), 5266-5281.
Hung, P. H. (2023). The Influence of Cultural, Legal and Institutional Factors on Auditors' Roles, Responsibilities and Perceptions of Audit Quality. European Journal of Theoretical and Applied Sciences, 1(5), 1131-1145.
Pham, H. H. (2022). Factors affecting the implementation of environmental management accounting in manufacturing enterprises: Evidence from Vietnam. NeuroQuantology, 20(12), 214.
Copyright (c) 2023 Dr. Suphaneed Boonpenge
This work is licensed under a Creative Commons Attribution 4.0 International License.
