Management accounting systems design and company performance in Nigerian manufacturing companies: A contingency theory perspective
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British Journal Publishing, Inc
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.
Manufacturing , Company performance , Technology , Perceived Environmental Uncertainty
Ajibolade, S.A (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(2).