The miles and snow business strategy typology and the adoption of management accounting practices / Tuan Zainun Tuan Mat, Ammar Syafiq Subri and Fadzlina Mohd Fahmi

Tuan Mat, uan Zainun and Syafiq Subri, Ammar and Mohd Fahmi, Fadzlina (2021) The miles and snow business strategy typology and the adoption of management accounting practices / Tuan Zainun Tuan Mat, Ammar Syafiq Subri and Fadzlina Mohd Fahmi. Asia-Pacific Management Accounting Journal (APMAJ), 16 (2): 32. pp. 232-264. ISSN (eISSN):2550-1631

Abstract

Changes in the business environment requires that a company adopts a more adaptive strategy. A business strategy is not just about planning, but it needs to be supported with meaningful information. Management accounting complements a business strategy by providing crucial information, not just limited to cost efficiency, but customer satisfaction and quality management. However, the adoption of management accounting practices (MAPs) is believed to be influenced by strategy. Using the Miles and Snow (1978) business strategy typology model, this study examined the influence of business strategy on the adoption of MAPs, focusing on how the different types of business strategies used in organizations may influence the adoption of MAPs. Data was collected from manufacturing companies in Malaysia. The result showed that most Malaysian manufacturing companies utilized three major classifications of strategies, i.e., defender, prospector, analyzer, and only a few were classified as reactors. The result showed that the adoption level of both traditional and advanced MAPs is also high. Findings from this study indicated an influence of the defender and analyzer types towards adopting traditional MAPs, whereas the prospector type had influenced the adoption of advanced MAPs.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Tuan Mat, uan Zainun
tuanz693@uitm.edu.my
Syafiq Subri, Ammar
UNSPECIFIED
Mohd Fahmi, Fadzlina
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Banking > Accounting. Bookkeeping
H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance
Divisions: Universiti Teknologi MARA, Shah Alam > Accounting Research Institute (ARI)
Journal or Publication Title: Asia-Pacific Management Accounting Journal (APMAJ)
UiTM Journal Collections: UiTM Journal > Asia-Pacific Management Accounting Journal (APMAJ)
ISSN: (eISSN):2550-1631
Volume: 16
Number: 2
Page Range: pp. 232-264
Keywords: management accounting practices, business strategy, defender
Date: 17 August 2021
URI: https://ir.uitm.edu.my/id/eprint/2918
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