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Relationship between Management Accounting and Business Efficiency - the Intermediate Role of Management Efficiency: A Case Study of Small and Medium Enterprises in the Mekong Delta, Vietnam

Author

Listed:
  • Ho Dinh Phi

    (Assoc. Prof. Ph.D. Phan Thiet University, Vietnam)

  • Ngoc Nguyen Bich

    (M.E. Can Tho College of Economics, Vietnam)

  • Tung Tran Van

    (Assoc. Prof. Ph.D. HUTECH, Vietnam)

  • Minh Bui Quang

    (Ph.D. Department of Industry and Trade of Binh Phuoc Province, Vietnam)

Abstract

Management accounting is a reliable source of information in business activities. However, up to now, there have not been many complete and systematic studies on the factors affecting and the interaction between the implementation of management accounting and the business performance of enterprises. This is a challenging issue for policymakers and business managers. This study, using data from a survey of 370 SMEs in the Mekong Delta, applied the Partial Least Squares-Structural Equation Modeling in the analysis. The research results show that there is a positive linear relationship between management accounting and business efficiency of enterprises through the intermediate factors of management efficiency. Factors affecting the implementation of management accounting include enterprise size, market competition, business owner awareness, and professional qualification of the accounting team.

Suggested Citation

  • Ho Dinh Phi & Ngoc Nguyen Bich & Tung Tran Van & Minh Bui Quang, 2021. "Relationship between Management Accounting and Business Efficiency - the Intermediate Role of Management Efficiency: A Case Study of Small and Medium Enterprises in the Mekong Delta, Vietnam," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 7(4), pages 163-174, 12-2021.
    • Handle: RePEc:arp:ijefrr:2021:p:163-174
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    References listed on IDEAS

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