Management Accounting and Strategy --A Review and Reflections on Further Research

48 Pages Posted: 31 May 2023

See all articles by Salvador Carmona

Salvador Carmona

Instituto de Empresa

Mahmoud Ezzamel

Cardiff Business School - Accounting and Finance Section

Date Written: May 15, 2023

Abstract

In this paper, we review extant research examining the relationship between management accounting and strategy. This relationship is not unidirectional as developments in strategic processes can also have strong ramifications for accounting systems, leading to their refinement and possible innovations. In addition to previous, valuable overviews focusing on the rational approach to examining the relationship between management accounting and strategy (e.g., Langfield-Smith, 1997, 2008; Chenhall, 2003), this paper also addresses interpretive and the poststructuralist studies. Although the three approaches have little cross-reference to each other, they collectively offer a rich tapestry of the relationship between accounting and strategy. Our review of the contributions made by these three streams of research suggest that, instead of treating those theoretical approaches as competitors, they should be considered complementary to each other. Such complementary perspective, we suggest, can provide many perceptive insights into ongoing research in this area. The paper concludes with some reflections on future research.

Keywords: Management Accounting, Strategy, Future Research

Suggested Citation

Carmona, Salvador and Ezzamel, Mahmoud, Management Accounting and Strategy --A Review and Reflections on Further Research (May 15, 2023). EAR 30 Years Research Seminars (2023), Available at SSRN: https://ssrn.com/abstract=4448623 or http://dx.doi.org/10.2139/ssrn.4448623

Salvador Carmona (Contact Author)

Instituto de Empresa ( email )

Pinar 15, 1
Madrid, 28006
Spain
917451377 (Phone)

Mahmoud Ezzamel

Cardiff Business School - Accounting and Finance Section ( email )

Colum Drive
Cardiff CF10 3EU
United Kingdom
+44 (0) 29 2087 4277 (Phone)
+44 (0) 29 2087 4419 (Fax)

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