Practices of management accounting adopted by innovative companies
DOI:
https://doi.org/10.5585/iji.v8i1.16477Keywords:
Accounting, Management accounting, Innovation,Abstract
Objective of the study: This study aims at verifying the relationship between innovative characteristics of organizations and the adoption of practices of management accounting.
Methodology/approach: Through an applied research, as survey type, with quantitative approach applied to a population of 787 companies that received financial assistance to the innovations development, a sample of 79 companies was obtained and the data of the survey were submitted to descriptive and cluster analysis.
Originality/Relevance: Studies related to management accounting (MA) and innovation tend to identify how MA can influence the innovation capacity of organizations, either positively or negatively, thus, this study seeks to advance the theme, with a relationship in another sense, analyzing how Innovation can influence the adoption of practices of management accounting.
Main results: Most of the organizations have, formally constituted, a department responsible for the management accounting information, the majority of companies were small size or medium companies. Regarding to the adoption of practices of management accounting (MA), it was identified the traditional practices of second stage usage with greater intensity, as breakeven point, budgeting and product profitability analysis. There was also a differentiation in the usage levels of the practices between organizations with innovative characteristics, with the most innovative companies using more modern MA practices.
Theoretical/methodological contributions: This research contributes to the understanding that there may be a gap between the needs of the organizations and what is developed and employed by MA besides showing that innovation can be a factor which can positively influence the adoption of more recently emergent practices.
Social/management contributions: In the social perspective, it is understood that this study presents a broader view on the applicability of management accounting practices in environments involved with innovation, expanding the field of knowledge about AM, as well as innovation environments.
Downloads
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2020 International Journal of Innovation
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Authors who publish with this journal agree to the following terms:
The author(s) authorize the publication of the article in the journal.
The author(s) ensure that the contribution is original and unpublished and is not being evaluated in other journal(s).
The journal is not responsible for the opinions, ideas and concepts expressed in the texts because they are the sole responsibility of the author(s).
The publishers reserve the right to make adjustments and textual adaptation to the norms of APA.
Authors retain copyright and grant the journal right of first publication, with the work after publication simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access) at http://opcit.eprints.org/oacitation-biblio.html
Authors are able to use ORCID is a system of identification for authors. An ORCID identifier is unique to an individual and acts as a persistent digital identifier to ensure that authors (particularly those with relatively common names) can be distinguished and their work properly attributed.