Strategic management accounting and decision making: A survey of the Nigerian Banks.
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Date
2017
Authors
Oboh, C.O
Ajibolade, S.O
Journal Title
Journal ISSN
Volume Title
Publisher
Oboh, C.O and Ajibolade, S.O (2017), Strategic management accounting and decision making: A survey of the Nigerian Banks. Future Business Journal, vol.3.
Abstract
This paper attempts an empirical examination of the practicality of strategic management accounting (SMA) adoption in banks
in Nigeria, a developing country. It investigates the extent of practice and contributions of SMA to strategic decision making.
Survey data were obtained from 71 bank managers across 20 registered banks in Nigeria. Simple regression estimation technique
and Pearson Chi-square test were used for data analysis. The results suggest that SMA is distinct in its features and orientation
towards the practice of management accounting. The study found out that banks in Nigeria practice SMA; not as a concept, but as
a principle of operation, and that SMA contributes significantly to strategic decision making in the area of competitive advantage
and increased market share. The study offers value for banks in other developing economies in that it supports the argument that
they can benefit from SMA adoption as part of banking strategies.
Description
Staff publication
Keywords
Strategic management accounting , Market share , Nigeria , Decision making