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A Structural Equation Model for Analyzing the Impact of Strategic Management Accounting Techniques on Quality of Financial Information

Author

Listed:
  • Mohanad Fayiz Saleem AL-Dweikat
  • Mohmoud Ibrahim Nour

Abstract

This paper aims to analyzing the effect of strategic management accounting techniques on quality of financial information in private Jordanian universities in the capital, Amman. The study involves a questionnaire-based survey of dean and heads of department respondents from private Jordanian universities at Amman capital. A total of (212) valid questionnaire was finally obtained for analysis towards achieving the study objectives. Structural equation modeling was performed to understand the relationship between study variables. The results show that Benchmarking has a significant positive impact on Quality of Financial Information (Relevance, Understandability and Comparability). Value Chain Cost, also, has a significant positive impact on Quality of Financial Information (Relevance, Understandability and Comparability). As well as, Balanced Scorecard has a significant positive impact on Quality of Financial Information.This study displays the important role of strategic management accounting techniques in enhancing the Quality of Financial Information, as well as, helps decision makers to take their decisions based on Information Relevance, Understandability and Comparability.

Suggested Citation

  • Mohanad Fayiz Saleem AL-Dweikat & Mohmoud Ibrahim Nour, 2018. "A Structural Equation Model for Analyzing the Impact of Strategic Management Accounting Techniques on Quality of Financial Information," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(4), pages 62-71, April.
    • Handle: RePEc:ibn:ijefaa:v:10:y:2018:i:4:p:62-71
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    References listed on IDEAS

    as
    1. Yi Ma & Mike Tayles, 2009. "On the emergence of strategic management accounting: An institutional perspective," Accounting and Business Research, Taylor & Francis Journals, vol. 39(5), pages 473-495.
    2. Charles Ikechukwu Agu & Augustine Uchechukwu Nweze & Chinedu Innocent Enekwe, 2016. "The Use of Strategic Management Accounting Techniques (SMATs) in Sustainability Performance Measurement for Corporate Governance in Nigeria," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 6(3), pages 262-271, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    strategic management accounting techniques (SMAT); Quality of Financial Information (QOFI); private Jordanian universities and Structural equation modeling;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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