Preliminary communication
https://doi.org/10.30924/mjcmi.26.2.4
Exploring the level of utilizing management reports in decision-making in Croatian companies
Mirjana Hladika
orcid.org/0000-0003-3170-9138
; University of Zagreb – Faculty of Economics and Business
Berislav Žmuk
orcid.org/0000-0003-3487-1376
; University of Zagreb – Faculty of Economics and Business
Abstract
Effective business decisions have a positive impact on the overall business of a company. Each business decision should be based on relevant, high-quality, and reliable information prepared by a management accountant in accordance with managers' specific requirements. In order to be support the efficient decision-making process, the management accounting information should be appropriate for a particular business decision, and it should reflect the role, responsibility, and value it has for a manager that participates in the decision-making. This paper aims to investigate whether the management accounting information system is developed in Croatian companies. In order to collect data for the analysis, a web survey was conducted on a representative sample of Croatian companies. Overall, 225 companies from the real sector participated in the survey. The results have shown that managers consider management reports an important basis in decision-making. Furthermore, the findings of this study have shown that managers in large companies use management reports to a greater extent in decision-making than managers in micro, small, and medium-sized companies do.
Keywords
management accounting information system; management accounting information; management reports; decision-making; Croatia
Hrčak ID:
266249
URI
Publication date:
21.12.2021.
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