Title: Influences of strategic management accounting on firm profitability of information and communication technology businesses in Thailand

Authors: Kornchai Phornlaphatrachakorn

Addresses: Mahasarakham Business School, Mahasarakham University, Kamriang, Mahasarakham 44150, Thailand

Abstract: The objective of this study is to examine the influences of strategic management accounting on firm profitability of information and communication technology businesses in Thailand. In this study, 194 information and communication technology businesses in Thailand are the samples of the study. Interestingly, strategic costing significantly leads to information richness and goal achievement while strategic performance measurement importantly relates to organisational excellence. Next, strategic decision-making critically links to information richness, organisational excellence, goal achievement, and firm profitability; competitor accounting explicitly affects information richness; and customer accounting efficiently influences organisational excellence, goal achievement and firm profitability. Lastly, information richness is significantly related to organisational excellence, goal achievement and firm profitability while organisational excellence and goal achievement are importantly linked to firm profitability. In summary, strategic management accounting is a key source of competitive advantage and performance.

Keywords: strategic management accounting; strategic costing; strategic performance measurement; SP; strategic decision-making; SD; competitor accounting; customer accounting; information richness; organisational excellence; goal achievement; firm profitability; Thailand.

DOI: 10.1504/IJBEX.2019.097540

International Journal of Business Excellence, 2019 Vol.17 No.2, pp.131 - 153

Received: 08 Sep 2017
Accepted: 29 Dec 2017
Published online: 28 Jan 2019 *

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