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The role of management accounting systems in global value strategies

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  • Gonçalves, Tiago
  • Gaio, Cristina

Abstract

In this paper, we explore the relationship and interdependencies of firms’ positions in global markets, innovation, foci on value creation or value development strategies and their intensity of use and system design of management accounting (MA) tools. We collect data through a survey of the 500 largest Portuguese firms. The results show multiple interdependencies of MA intensity of use and system design and global positioning as well as the value foci of firms. Global market positioning, as well as MA intensity, is directly associated with innovation. The multiple configurations also show that the value strategy focus (creating new products or solely developing them for different markets) changes the nature of the MA system put in place by firms. Consequently, we contribute to the discussion of MA systems vs MA packages by specifically addressing the fit and internal consistency of those tools. Methodologically, the results are robust to different analytical tools - multivariate regression, fuzzy-set qualitative comparative analysis (fsQCA) and factor analysis.

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  • Gonçalves, Tiago & Gaio, Cristina, 2021. "The role of management accounting systems in global value strategies," Journal of Business Research, Elsevier, vol. 124(C), pages 603-609.
    • Handle: RePEc:eee:jbrese:v:124:y:2021:i:c:p:603-609
    DOI: 10.1016/j.jbusres.2020.10.059
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