STRATEJİK YÖNETİM MUHASEBESİ VE FİRMA PERFORMANSI ARASINDAKİ İLİŞKİ: BORSA İSTANBUL ÜZERİNE BİR ARAŞTIRMA

Yıl 2023, Cilt: 13 Sayı: 26, 764 - 782, 30.11.2023

Murat Dedeoğlu , Mehmet Aygün

https://doi.org/10.53092/duiibfd.1314432

Öz

Günümüz ticaret dünyasında, türleri fark etmeksizin tüm işletmelerin ayakta kalması, başarıya ulaşması ve pazar payını arttırmak gibi amaçlara ulaşma isteği firmaları durmadan yeni çabalar içeresinde olmaya zorlamaktadır. Söz konusu amaçlara ulaşmanın zorlukları da dikkate alınırsa işletmeler artık dış çevreyi de dikkate alıp, rekabet avantajını elde etmek için stratejik davranmak zorundadırlar. Küresel rekabetin ve teknolojideki değişimin çok hızlı şekilde artması ve üretim sistemindeki gelişmeler de dikkate alındığında, özellikle de yönetimin planlama ve kontrol gereksinimi yönetim muhasebesinin yetersizliğine sebebiyet vermiştir. Dinamik ve sürekli bilgi akışı gerektiren durumlardan dolayı yönetim muhasebesi yerine stratejik yönetim muhasebesine ihtiyaç duyulmuştur. Firmalara sektörlerinde rekabet avantajı sağlamakla birlikte piyasa değerini de en üst seviyeye çıkarma yolunda alınacak stratejik kararlar için kılavuz olan çok önemli bir kavram olan stratejik yönetim muhasebesinin dünyada ve ülkemizde bilinen ve uygulanan çok sayıda yöntemleri bulunmaktadır. Bu çalışmanın temel amacı stratejik yönetim muhasebesi araçlarının firma performansı üzerindeki etkisini incelemektir. Bu amacı gerçekleştirmek üzere Borsa İstanbul’a kayıtlı farklı sektörlerde yer alan firmalar üzerine bir anket çalışması yapılmıştır. Çalışmada elde edilen önemli sonuçlardan biri, analiz kapsamında incelenen firmaların önemli bir kısmının stratejik yönetim muhasebesi araçlarına ilişkin bilgi sahibi olduklarıdır. Yapılan analizler sonucunda stratejik yönetim muhasebesi araçları kullanımının firma performansı üzerinde etkili olduğuna dair sınırlı kanıtlara ulaşılmıştır.

Anahtar Kelimeler

Stratejik Yönetim, Yönetim Muhasebesi, Stratejik Yönetim Muhasebesi, Firma Performansı

THE RELATIONSHIP BETWEEN STRATEGIC MANAGEMENT ACCOUNTING AND COMPANY PERFORMANCE: A RESEARCH ON BORSA ISTANBUL

Öz

In today's business world, the desire to achieve goals such as survival, success, and increasing market share of businesses, regardless of their type, forces companies to constantly make new efforts. Considering the difficulties of achieving these goals, businesses must now take into account the factors in the external environment and act strategically to gain competitive advantage. Considering the rapid increase in global competition and change in technology and the developments in the production system, especially the planning and control requirement of management has led to the inadequacy of management accounting. Due to situations that require dynamic and continuous information flow, strategic management accounting is needed instead of management accounting. Strategic management accounting, which is a very important concept that provides a guide for strategic decisions to be taken to maximize market value while providing companies with a competitive advantage in their sectors, has many methods known and applied in the world and in our country. The main purpose of this study is to examine the impact of strategic management accounting tools on firm performance. To achieve this aim, a survey was conducted on companies in different sectors registered in Borsa Istanbul. One of the important results obtained in the study is that a significant portion of the companies examined within the scope of the analysis have knowledge of strategic management accounting tools. As a result of the analysis, it was concluded that there is limited evidence that the use of strategic management accounting tools is effective on firm performance.

Anahtar Kelimeler

Strategic Management, Management Accounting, Strategic Management Accounting, Firm Performance

Kaynakça

• Abdullah, N. H. N., & Said, J. (2015). Enhancing the governance of government linked companies via strategic management accounting practices and value creation. Procedia Economics and Finance, 28, 222-229.
• Agasisti, T., Arnaboldi, M., & Azzone, G. (2008). Strategic management accounting in universities: the Italian experience. Higher Education, 55(1), 1-15.
• Agbejule, A. (2005). The relationship between management accounting systems and perceived environmental uncertainty on managerial performance: a research note. Accounting and Business Research, 35(4), 295-305.
• Ahmad, K. (2017). The implementation of management accounting practices and its relationship with performance in small and medium enterprises. International Review of Management and Marketing, 7(1), 342-353.
• Akmeşe, K. A. (2018). Konaklama İşletmelerinde Stratejik Yönetim Muhasebesi Uygulamaları Ve Bütünleşik Bilgi Sistemlerinin İşletme Performansına Etkisi(Yayımlanmamış Doktora Tezi). Necmettin Erbakan Üniversitesi.
• Aksoylu, S., & Aykan, E. (2013). Effects of strategic management accounting techniques on perceived performance of businesses. Journal of Us-China Public Administration, 10(10), 1004-1017.
• Alabdullah, T. T. Y. (2019). Management accounting and service companies' performance: Research in emerging economies. Australasian Accounting, Business and Finance Journal, 13(4), 100-118.
• Alamri, A. M. (2018). Strategic management accounting and the dimensions of competitive advantage: Testing the associations in Saudi ındustrial sector. International Journal of Academic Research in Accounting, Finance and Management Sciences 8(2), 48-64.
• AlMaryani, M. A. H., & Sadik, H. H. (2012). Strategic management accounting techniques in romanian companies: some survey evidence. Procedia Economics and Finance, 3(12), 387–396. https://doi.org/10.1016/s2212-5671(12)00169-4
• Al-Mawali, H. (2015). Strategic management accounting usage, environmental uncertainty and organizational performance. European Journal of Business and Management, 7(18), 219-226.
• Al-Qudah, L. A. M., & Al-Hroot, Y. A. K. (2017). The ımplementing activity-based costing technique (abc) and its impact on profitability: A study of listed manufacturing companies in Jordan. International Journal of Economics and Financial Issues, 7(2), 271-276.
• Alsoboa, S., Al-Ghazzawi, A., & Joudeh, A. (2015). The impact of strategic costing techniques on the performance of Jordanian listed manufacturing companies. Research Journal of Finance and Accounting, 6(10), 116-127.
• Apak, İ. ve Duman, H. (2020). The use of management accounting / strategic management accounting tools and effect on performance: a research in Turkey. Muhasebe Bilim Dünyası Dergisi, 22(4), 580- 610.
• Asikogu, C., MIthiria, E. N., & Omurwa, J. K. (2021). Management accounting techniques and firm performance of major construction companies in Nigeria. Journal of Finance and Accounting, 5(3).
• Atta-Ankomah, R., Appiah Kubi, J., & Ackah, C. G. (2022). the effect of kaizen on performance: Evidence from manufacturing enterprises in Ghana. The European Journal of Development Research, 34(2), 1167-1192.
• Aydın, Z. K., & Kefe, İ. (2022). Toplam kalite yönetimi çerçevesinde kalite maliyetleri: üretim işletmesinde bir uygulama. 1. Mali Çözüm Dergisi, 32, 171-197.
• Bromwich, M. (1990). The case for strategic management accounting: The role of accounting information for strategy in competitive markets. Accounting, Organizations and Society, 15, 27-46.
• Bromwich, M. and Bhimani, A., (1989). Management accounting: Evolution not revolution, Management Accounting, 67(9), 5-16.
• Büyükmirza, K. (2008). Maliyet ve yönetim muhasebesi. Gazi Kitabevi.
• Čadež, S. (2006). A cross-industry comparison of strategic management accounting practices: an exploratory study. Economic and Business Review, 8(3), 279-298.
• Cadez, S., & Guilding, C. (2008). An exploratory investigation of an integrated contingency model of strategic management accounting. Accounting, Organizations and Society, 33(7–8), 836–863. https://doi.org/10.1016/j.aos.2008.01.003
• Cadez, S., & Guilding, C. (2012). Strategy, strategic management accounting and performance: a configurational analysis. Industrial Management & Data Systems. 112(3), 484-501.
• Cagwin, D., & Bouwman, M. J. (2002). The association between activity-based costing and improvement in financial performance. Management Accounting Research, 13(1), 1-39.
• Cinquini, L., & Tenucci, A. (2010). Strategic management accounting and business strategy: A loose coupling?. Journal of Accounting and Organizational Change, 6, 228-259.
• Coad, A. (1996). Smart work and hard work: explicating a learning orientation in strategic management accounting. Management Accounting Research, 7(4), 387-408.
• Cravens, K. S., & Guilding, C. (2001). An empirical study of the application of strategic management accounting techniques. Advances in Management Accounting, 10, 95–124.
• Çetin, H., & Eren, T. (2017). Üretim teknolojilerindeki ve rekabetçi çevredeki değişimin, yönetim muhasebesi uygulamalarına etkisi: Bist'te işlem gören imalat işletmelerinde bir araştırma. Electronic Turkish Studies, 12(35).
• Çetindere, A., Duran, C., & Yetisen, M. S. (2015). The effects of total quality management on the business performance: An application in the province of Kütahya. Procedia economics and finance, 23, 1376-1382.
• Dang, L., Le, T., & Pham, T. (2021). The effect of strategic management accounting on business performance of sugar enterprises in Vietnam. Accounting, 7(5), 1085-1094.
• Dixon, R. and Smith, D. (1993). Strategic management accounting, Omega, 21(6), 605-618.
• El-Haddad, R., & Elewa, M. (2019). The effect of strategic cost management tools on the performance of public-private partnership projectS, 525-497.
• Erasmus, E. G. (2021). Cost management practice and financial performance of listed deposit money banks in Nigeria. Journal of Accounting and Financial Management, 7(2), 1-14.
• Ganapaiah, C. (2017). Strategic cost management and business performance: A study of SME’s in India-an analysis. BIMS International Journal of Social Science Research, 2(1), 17-29.
• Guilding, C. (1999). Competitor-focused accounting: An exploratory note. Accounting, Organizations and Society, (24), 583-595.
• Guilding, C., Cravens, K. S., ve Tayles, M. (2000). An international comparison of strategic management accounting practices. Management Accounting Research, 11(1), 113–135. https://doi.org/10.1006/mare.1999.0120
• Guilding, C., & McManus, L. (2002). The incidence, perceived merit and antecedents of customer accounting: An exploratory note. Accounting, Organizations and Society, 27, 45-59
• Hadid, W., & Al-Sayed, M. (2021). Management accountants and strategic management accounting: The role of organizational culture and information systems. Management Accounting Research, 50, 100725.
• Henri, J. F., Boiral, O., & Roy, M. J. (2016). Strategic cost management and performance: The case of environmental costs. The British Accounting Review, 48(2), 269-282.
• Jänkälä, S., & Silvola, H. (2012). Lagging effects of the use of activity‐based costing on the financial performance of small firms. Journal of Small Business Management, 50(3), 498-523.
• Jibrin, A. A., & Maccarthy, M. I. T. (2022). Kaızen costıng and fınancıal performance of lısted food product manufacturıng companıes ın Nıgerıa. BW Academic Journal, 17-17.
• Johnson, T. H., & Kaplan, R. S. (1987). Relevance lost: The rise and fall of management accounting. Harvard Business School Press.
• Jones, T., Atkinson, H., Lorenz, A., & Harris, P. (2012). Strategic managerial accounting hospitality, tourism and events applications. Goodfellow.
• Kayıhan, B. (2019). Stratejik yönetim muhasebesi tekniklerinden marka değerleme ve bir uygulama. MANAS Sosyal Araştırmalar Dergisi, 8(4), 3630–3650. https://doi.org/10.33206/mjss.490379
• Langfield-Smith, K. (2008). Strategic management accounting: How far have we come in 25 years?. Accounting, Auditing & Accountability Journal, 21, 204-228.
• Lord, B. R. (1996). Strategic management accounting: The emperor's new clothes? Management Accounting Research, 7(3), 347-366.
• Maiga, A. S. and Jacobs, F. A. (2008). Extent of ABC use and its consequences. Contemporary Accounting Research, 25(2), 533-566.
• Madhoun, K. A. (2020). Effects of modern strategic management accounting techniques on performance of commercial banks in palestine: An empirical study. Journal of Economics, Finance and Accounting Studies, 2(1), 35-48.
• Mohamed, A. A., & Jones, T. (2014). Relationship between strategic management accounting techniques and profitability–a proposed model. Measuring Business Excellence.
• Mohammed, B. A. H., Maelah, R., & Amir, A. M. (2019). Strategic management accounting information and performance of private hospitals in Malaysia. International Journal of Economics, Management and Accounting, 27(2), 473-502.
• Noordin, R., Zainuddin, Y., Mail, R., & Sariman, N. K. (2015). Performance outcomes of strategic management accounting information usage in Malaysia: insights from electrical and electronics companies. Procedia Economics and Finance, 31, 13-25.
• Oboh, C. S., & Ajibolade, S. O. (2017). Strategic management accounting and decision making: A survey of the Nigerian Banks. Future Business Journal, 3(2), 119-137.
• Odia, J. O. (2019). Strategic management accounting techniques usage, strategic choices, and performance of financial ınstitutions in Nigeria. Journal of Asian Business Strategy, 9(2), 94–109.
• Okoye, E., Chiekezie, N. R., Egbunike, P. A., & Odum, A. N. (2015). Modeling for the effects of competitors focused accounting on financial performance in selected manufacturing companies listed on Nigeria Stock Exchange. Social and Basic Scienees Research Review, 3(6), 296-309.
• Oluwagbemiga, O. E., Olugbenga, O. M., & Zaccheaus, S. A. (2014). Cost management practices and firm’s performance of manufacturing organizations. International Journal of Economics and Finance, 6(6), 234-239.
• Özer, G., & Doğru, C. (2021). Yönetim muhasebesi sistemi ve stratejik planlamanın firma performansına etkisi. Business & Management Studies: An International Journal, 9(2), 694-713.
• Phornlaphatrachakorn, K. (2018). Strategic cost management and firm profitability: An empirical investigation of instant foods and convenience foods businesses in Thailand. International Journal of Business, 23(4), 357.
• Phornlaphatrachakorn, K., & Na-Kalasındhu, K. (2020). Strategic management accounting and firm performance: Evidence from finance businesses in Thailand. The Journal of Asian Finance, Economics and Business, 7(8), 309-321.
• Pradhan, D., Swain, P. K., & Dash, M. (2018). Effect of management accounting techniques on supply chain and firm performance: An empirical study. International Journal of Mechanical Engineering and Technology, 9(5), 1049-1057.
• Rashid, M. M., Ali, M. M. & Hossain, D.M. (2021). Strategic management accounting practices: a literature review and opportunity for future research. Asian Journal of Accounting Research, 6(1), 109-132. https://doi.org/10.1108/AJAR- 06-2019-0051
• Rawashdeh, A. M. (2018). The effect of TQM on firm performance: Empirical study in Jordanian private airlines. Modern Applied Science, 12(9), 140.
• Roslender, R., & Hart, S. J. (2003). In search of strategic management accounting: Theoretical and field study perspectives. Management Accounting Research, 14(3), 255–279. https://doi.org/10.1016/S1044-5005(03)00048-9
• Simmonds, K. (1981). Strategic management accounting. Management Accounting, 59, 26-30.
• Šoljaková, L. (2012) : Strategic management accounting development during last 30 years, European Financial and Accounting Journal, 7(2), 24-35.
• Taylor, M. S. (2021). Strategic management accounting practices in medium sized uk construction companies: a mixed-methods approach. Nottingham Trent University.
• Thapayom, A. (2021). strategic cost management as a valuable approach for achieving organizational sustainability: Evidence from ındustrial businesses in Rayong. Journal of Accounting Profession, 17(53), 98-125.
• Tillmann, K., &Goddard, A. (2008). Strategic management accounting and sense-making in a multinational company. Management Accounting Research, 19, 80-102.
• Uyar, M. (2018). Yönetim muhasebesi sistemi, risk yönetimi ve firma performansı arasındaki bağıntıların yapısal eşitlik modeli kullanılarak değerlendirilmesi. İşletme Araştırmaları Dergisi, 10(3), 144-172.
• Uyar, M. (2019). Maliyet yapısı, yönetim muhasebesi ve üretim performansı ilişkisi. Muhasebe Bilim Dünyası Dergisi, 21(1), 89-120. http://dx.doi.org/10.31460/mbdd.489040.
• Wan Anisah, E., Nik Mohd Norfadzilah, N. M. R., & Shadi Maher, A. K. (2020). Relationship between modern management accounting techniques and organizational performance of industrial sector listed in Amman stock exchange. International Journal of Management, Accounting and Economics, 7(5), 278-300.
• Wassan, A. N., Memon, M. S., Mari, S. I., & Kalwar, M. A. (2022). Impact of total quality management (TQM) practices on sustainability and organisational performance. Journal of Applied Research in Technology & Engineering, 3(2), 93-102.
• Yücel, R., & Ahmetoğulları, K. (2015). İleri yönetim muhasebesi uygulamalarının rekabet stratejileri ve performans üzerindeki etkisi. İşletme ve Ekonomi Araştırmaları Dergisi, 6(4), 179.