Management Accounting Systems, Top Management Teams, and Sustainable Knowledge Acquisition: Effects on Performance

Andrés F. Ugalde Vásquez and David Naranjo-Gil
Additional contact information
Andrés F. Ugalde Vásquez: Faculty of Administration Sciences/Vice-Rectorate for Research. Universidad del Azuay, Ave 24 de Mayo, 7-77, y Hernán Malo, Cuenca 010107, Ecuador
David Naranjo-Gil: Financial Economics and Accounting Department, Universidad Pablo de Olavide, 41013 Seville, Spain

Sustainability, 2020, vol. 12, issue 5, 1-14

Abstract: Organizations are increasingly aware of the importance of managing the acquisition processes of new and sustainable knowledge, which allows them to increase performance. These knowledge-acquisition processes require top management teams to focus on the external environment to search for sustainable opportunities and initiatives. This spurs top teams to make strategic decisions that require more comprehensive managerial information, which is provided by management accounting systems. Our research analyzes how top management team composition facilitates the acquisition of new knowledge. Our management accounting paper also analyzes the mediating effect of the interactive use of management accounting systems (MASs) and their impact on sustainable firm performance. A survey was conducted among the main manufacturer firms in the Republic of Ecuador. Results were analyzed by using the partial least squares methodology, and they showed a positive effect for the interactive use of management accounting systems on sustainable knowledge-acquisition processes. Results also showed that knowledge acquisition increased firm performance through an interactive use of MASs.

Keywords: knowledge acquisition; sustainability; top management team heterogeneity; interactive management accounting systems; firm performance (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.mdpi.com/2071-1050/12/5/2132/pdf (application/pdf)
https://www.mdpi.com/2071-1050/12/5/2132/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:12:y:2020:i:5:p:2132-:d:330546

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().