Management accounting system: Insights from the decision making theories
Article
Chang, K., Lasyoud, A. A. and Osman, D. 2023. Management accounting system: Insights from the decision making theories. Social Sciences & Humanities Open. 8 (Art. 100529). https://doi.org/10.1016/j.ssaho.2023.100529
Authors | Chang, K., Lasyoud, A. A. and Osman, D. |
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Abstract | Management accounting system (MAS) improves business growth through quality decision making process, but scholars have mixed views about MAS and constantly debate its efficacy. Drawing on the decision-making theories, the current research deviates from the debates and adopts a ‘think-outside-the-box’ approach, aiming to advance the knowledge of MAS's efficacy. Research data are gathered from the MAS literatures and cognate studies. Following the research findings, we identify a new pre-factor (thinking style) and incorporate it into the MAS. Specifically, decision makers' cognitive process is found to affect the design and implementation of MAS, as rational thinking style, administrative thinking style, and political thinking style may affect the MAS's efficacy differently. Research findings have brought valuable insights to the MAS literatures, by highlighting the strength and weakness of different thinking styles in designing management accounting system. Moreover, decision makers, such as organizational leaders and business managers, are encouraged to monitor their thinking styles: that is, with better understanding of thinking styles, decision makers can better utilize MAS and rectify the style-driven deficits in time. |
Journal | Social Sciences & Humanities Open |
Journal citation | 8 (Art. 100529) |
ISSN | 2590-2911 |
Year | 2023 |
Publisher | Elsevier |
Publisher's version | License CC BY-NC-ND File Access Level Anyone |
Digital Object Identifier (DOI) | https://doi.org/10.1016/j.ssaho.2023.100529 |
Publication dates | |
21 Apr 2023 | |
Online | 21 Apr 2023 |
Publication process dates | |
Accepted | 17 Apr 2023 |
Deposited | 27 Apr 2023 |
Copyright holder | © 2023, The Authors |
https://repository.uel.ac.uk/item/8vy96
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Management accounting system - Insights from the decision making theories (2023).pdf | ||
License: CC BY-NC-ND | ||
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