Original scientific paper
https://doi.org/10.1080/1331677X.2019.1697719
Use of strategic management accounting techniques by companies in the Czech Republic
Petr Petera
Libuše Šoljaková
Abstract
The purpose of this paper is to investigate the degree of use of
strategic management accounting (SMA) techniques and the
main factors affecting this in the Czech Republic. In order to
achieve such an understanding, we apply a quantitative approach,
rooted in contingency theory, including descriptive statistics,
correlation analysis and regression analysis. The most intensivelyused
SMA techniques are strategic planning and budgeting,
customer accounting, and target costing. The least-used are integrated
performance measurement systems, strategic pricing and
activity-based costing. Our respondents indicated that they expect
an increase in the use of all SMA techniques over the next 3
years. Regression analysis confirms that the implementation of
differentiation strategy (as opposed to cost leadership strategy)
has a statistically significant and positive influence on SMA use.
The findings of this study contribute to the better theoretical
understanding of the contingent factors influencing the use of
SMA techniques.
Keywords
strategic management accounting; management control; perceived environmental uncertainty; contingency theory; strategy; Czech Republic
Hrčak ID:
254352
URI
Publication date:
9.2.2021.
Visits: 4.673 *