Management accounting systems design and company performance in Nigerian manufacturing companies: A contingency theory perspective
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Date
2013
Authors
Ajibolade, S.O
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Abstract
This study, aimed at providing information to help address the lingering problem of poor
performance of the manufacturing sector in Nigeria, investigated the relationships between
the Management accounting systems (MAS) design, company’s context and company
performance. Adopting the contingency theory framework, the study proposed three
contingency variables; perceived environmental uncertainty, technology and decentralization
as major influences on the relationship between MAS designs and company performance. The
propositions were tested using empirical data collected through a questionnaire survey of
chief accounting officers/ management accountants of one hundred and forty-four randomly
selected Nigerian manufacturing companies from the Nigerian Stock Exchange listing.
Statistical tools used in analysing the data are correlations and moderated regression analyses.
The results provided support for the expectation that level of sophistication in MAS design
has a positive relationship with performance and that contingency variables constitute
significant moderating influences on the relationship in the companies sampled. It is
suggested that adopting MAS designs tailored to the specific context of businesses will help
improve performance of the Nigerian manufacturing companies.
Description
Staff publication
Keywords
Contingency theory , Decentralization , Technology , Company performance
Citation
Ajibolade, S.O (2013), Management accounting systems design and company performance in Nigerian manufacturing companies: A contingency theory perspective. British Journal of Arts and Social Sciences, Vol.14 (II).