The Effect of Strategic Management Accounting Techniques (SMAT) as an Accounting Technology on Improving Business Performance: A Review from Contingency and Resource-Based View Approach

Linda Hetri Suriyanti (), Noorul Azwin Binti Md Nasir, Siti Afiqah Binti Zainuddin and Saskia Khairunnisa
Additional contact information
Linda Hetri Suriyanti: Universitas Muhammadiyah Riau
Noorul Azwin Binti Md Nasir: Universiti Malaysia Kelantan
Siti Afiqah Binti Zainuddin: European University Cyprus
Saskia Khairunnisa: Universitas Brawijaya

A chapter in Board Diversity and Corporate Governance, 2024, pp 643-652 from Springer

Abstract: Abstract This research paper investigates the impact of Strategic Management Accounting Techniques (SMAT) as a cutting-edge accounting technology on enhancing business performance. It takes a comprehensive approach by analyzing SMAT’s effectiveness from both the Contingency and Resource-Based View (RBV) perspectives. The study begins by assessing the effectiveness of SMAT in enhancing business performance. From a Contingency viewpoint, the research delves into how SMAT can enhance business performance by aligning accounting practices with the unique contingencies faced by different organizations. It reveals that SMAT’s adaptive nature allows it to respond to specific organizational needs, thereby promoting better performance outcomes. Furthermore, the research explores the Resource-Based View (RBV) approach to understand how SMAT can be leveraged as a valuable resource for organizations. Findings suggest that SMAT, when integrated into the organization’s resource portfolio, can lead to sustainable competitive advantages and superior business performance. This paper underscores the critical role of SMAT in modern business management and decision-making. It highlights the need for organizations to adopt SMAT in their strategic planning and execution processes, as its application transcends traditional accounting practices. The study provides a holistic perspective on how SMAT contributes to improving business performance, offering valuable insights for practitioners, researchers, and policymakers seeking to enhance the efficiency and competitiveness of contemporary businesses.

Keywords: Strategic management accounting techniques; SMAT; Business performance; Contingency approach; Resource-based view; Accounting technology (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:csrchp:978-3-031-53877-3_51

Ordering information: This item can be ordered from
http://www.springer.com/9783031538773

DOI: 10.1007/978-3-031-53877-3_51

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().