The Influence Of Strategic Management Accounting And Information Technology Capability On Company Performance With Sustainable Competitive Advantage As The Mediator
DOI:
https://doi.org/10.51601/ijersc.v3i5.516Abstract
This study analyzes the influence of strategic management accounting and information technology capability on
company performance and examines sustainable competitive advantage that can mediate the effect of strategic
management accounting and information technology capability on company performance. The population of this
study was companies from raw materials, industry, primary and non-primary consumer goods, and health sectors
in Indonesia. Meanwhile, the research respondents were the employees of these companies. To collect the
respondents’ responses, we employed the survey method. The employees’ responses from the same company were
averagely calculated to be one value; therefore, one value stands for one company. This study employed 203
relevant companies so that it employed a structural equation model based on covariance. The hypothesis
examination has revealed that strategic management accounting has a positive effect on sustainable competitive
advantage. Sustainable competitive advantage has a positive effect on company performance. In contrast,
strategic management accounting and information technology capability do not affect company performance.
Information technology capability has no effect on sustainable competitive advantage. Sustainable competitive
advantage can mediate the influence of strategic management accounting on company performance. Sustainable
competitive advantage cannot mediate the effect of information technology capability on company performance.
Finally, the application of strategic management accounting enables companies to achieve sustainable
competitive advantage and ultimately improve company performance.
Downloads
References
Adeniran, A. O., & Obembe, O. E. (2020). The significance of strategic management accounting on the
performance of transport businesses in Nigeria. Insights into Regional Development, 2(3), 677–688.
https://doi.org/10.9770/ird.2020.2.3(5)
Alamri, A. M. (2018). Strategic Management Accounting and the Dimensions of Competitive Advantage:
Testing the Associations in Saudi Industrial Sector. International Journal of Academic Research in
Accounting, Finance and Management Sciences, 8(2), 48–64. https://doi.org/10.6007/ijarafms/v8-i2/4137
Alamri, A. M. (2019). Association between strategic management accounting facets and organizational
performance. Baltic Journal of Management, 14(2), 212–234. https://doi.org/10.1108/BJM-12-2017-0411
Aykan, E., & Aksoylu, S. (2013). Effects of Competitive Strategies and Strategic Management Accounting
Techniques on Perceived Performance of Businesses. Australian Journal of Business and Management
Research, 3(07), 30–39.
Azmi, Z., & Harti, I. D. (2021). Pengaruh Akuntansi Manajemen Strategik dan Kapabilitas Organisasional
Terhadap Kinerja Organisasi. Ekonomis: Journal of Economics and Business, 5(1), 266–276.
https://doi.org/10.33087/ekonomis.v5i1.309
Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17(199–
.
Benitez-Amado, J., & Walczuch, R. M. (2012). Information technology, the organizational capability of
proactive corporate environmental strategy and firm performance: A resource-based analysis. European Journal
of Information Systems, 21(6), 664–679. https://doi.org/10.1057/ejis.2012.14
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
Chae, H. C., Koh, C. E., & Park, K. O. (2018). Information technology capability and firm performance: Role of
industry. Information and Management, 55(5), 525–546. https://doi.org/10.1016/j.im.2017.10.001
Chae, H. C., Koh, C. E., & Prybutok, V. R. (2014). Information technology capability and firm performance:
Contradictory findings and their possible causes. MIS Quarterly: Management Information Systems, 38(1), 305–
https://doi.org/10.25300/MISQ/2014/38.1.14
Cinquini, L., & Tenucci, A. (2010). Strategic management accounting and business strategy: A loose coupling?
Journal of Accounting & Organizational Change, 6(2), 228–259. https://doi.org/10.1108/18325911011048772
International Journal of Educational Research & Social Sciences ISSN: 2774-5406
Cynthia;, & Devie. (2015). Pengaruh Strategic Costing Sebagai Strategic Management Accounting Techniques
Terhadap Competitive Advantage dan Organizational Performance. Business Accounting Review, 3(1), 422–433.
Dang, L. A., Le, T. M. H., Le, T. H., & Pham, T. B. T. (2021). The effect of strategic management accounting on
business performance of sugar enterprises in vietnam. Accounting, 7, 1085–1094.
https://doi.org/10.5267/j.ac.2021.2.031
Dhyanasaridewi, I., & Augustine, Y. (2021). The Role Of Sustainability Innovations And E-Bussiness, In
Achieving Firm Performance With A Sustainable Competitive Advantage As Mediation. Technium: Romanian
Journal of Applied Sciences and Technology, 3(4).
https://techniumscience.com/index.php/technium/article/view/3306
Elijah, B. A., & Millicent, A.-D. (2018). the Impact of a Sustainable Competitive Advantage on a Firm’S
Performance: Empirical Evidence From Coca-Cola Ghana Limited. Global Journal of Human Resource
Management, 6(5), 30–46. www.eajournals.org
Emiaso, D., & Egbunike, A. (2018). Strategic Management Accounting Practices and Organizational
Performance of Manufacturing Firms in Nigeria. Journal of Accounting and Financial Management, 4(1), 10–
https://doi.org/10.4038/ija.v2i1.38
Ghozali, I. (2017). Structural Equation Modeling: Concepts and Application by AMOS 24 (7th Editio). Badan
Penerbit Universitas Diponegoro.
Ghozali, I. (2021). Structural Equation Modeling with Alternative Method of Partial Least Square (5th Editio).
Badan Penerbit Universitas Diponegoro.
Hair, J. F., Black, W. C., Babin, B. J., & Andersen, R. E. (2019). Multivariate Data Analysis (Eight Edit).
Cengage.
Hartono, J. (2013). Research Business Methodology: Misunderstandings and Experiences (6th Editio). Badan
Penerbit Fakultas Ekonomi Universitas Gadjah Mada.
Herman, H., Hady, H., & Arafah, W. (2018). The Influence of Market Orientation and Product Innovation on the
Competitive Advantage and Its Implication toward Small and Medium Enterprises ( UKM ) Performance.
International Journal Of Science and Engineering Invention, 04(08), 8–21.
https://doi.org/10.23958/ijsei/vol04-i08/02
Herwiyanti, E. (2015). The Effect of Information Technology Capability and Quality of Management
Accounting Information with Technological Uncertainty as Moderating Variable. The International Technology
Management Review, 5(1), 11–17.
Kalkhouran, A. A. N., Nedaei, B. H. N., & Rasid, S. Z. A. (2017). The Indirect Effect of Strategic Management
Accounting in The Relationship between CEO Characteristics and Their Networking Activities, and Company
Performance. Journal of Accounting & Organizational Change, 13(4), 471–491.
Kamau, J. G., Senaji, T. A., & Nzioki, S. C. (2019). Effect of information technology capability on competitive
advantage of the Kenyan banking sector. International Journal of Technology and Systems, 4(1), 1–20.
https://iprjb.org/journals/index.php/IJTS/article/view/837
Kamdjoug, J. R. K., Tewamba, H. J. N., & Wamba, S. F. (2019). IT capabilities, firm performance and the
mediating role of ISRM: A case study from a developing country. Business Process Management Journal,
(3), 476–494. https://doi.org/10.1108/BPMJ-11-2017-0297
Kristaung, R., & Augustine, Y. (2019). Metodologi Penelitian Bisnis dan Akuntansi (1st ed.). Dian Rakyat.
Kuncoro, W., & Suriani, W. O. (2018). Achieving sustainable competitive advantage through product innovation
and market driving. Asia Pacific Management Review, 23(3), 186–192.
https://doi.org/10.1016/j.apmrv.2017.07.006
Latan, H. (2013). Structural Equation Model: Theory and Implementation of Amos 21.0. Alfabeta.
Lay, T. A., & Jusoh, R. (2017). Organizational Capabilities , Strategic Management and Firm Performance.
Jurnal Akuntansi Dan Keuangan Indonesia, 14(2), 222–246.
http://jaki.ui.ac.id/index.php/home/article/viewFile/811/811
Lewis, B. R., & Byrd, T. A. (2003). Development of a measure for the information technology infrastructure
construct. European Journal of Information Systems, 12(2), 93–109.
https://doi.org/10.1057/palgrave.ejis.3000449
Lisi, I. E. (2015). Translating environmental motivations into performance: The role of environmental
performance measurement systems. Management Accounting Research, 29, 27–44.
https://doi.org/10.1016/j.mar.2015.06.001
Madhoun, D. K. Al. (2020). Effects of Modern Strategic Management Accounting Techniques on Performance of
Commercial Banks in Palestine : An Empirical Study. 2(1), 35–48. https://doi.org/10.32996/jefas
International Journal of Educational Research & Social Sciences ISSN: 2774-5406
McManus, L. (2013). Customer accounting and marketing performance measures in the hotel industry: Evidence
from Australia. International Journal of Hospitality Management, 33(1), 140–152.
https://doi.org/10.1016/j.ijhm.2012.07.007
Namazi, M. (2016). Time-driven activity-based costing : Theory , applications and limitations. Iranian Journal
of Management Studies, 9(3), 457–482.
Newbert, S. L. (2007). Empirical Research On The Resource-Based View Of The Firm: An Assessment And
Suggestions For Future Research. Strategic Management Journal, 28, 121–146. https://doi.org/10.1002/smj
Noordin, R., Zainuddin, Y., Mail, R., & Kaziemah, N. (2015). Performance Outcomes of Strategic Management
Accounting Information Usage in Malaysia : Insights from Electrical and Electronics Companies. Procedia
Economics and Finance, 31(15), 13–25. https://doi.org/10.1016/S2212-5671(15)01127-2
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. https://doi.org/10.1016/j.fbj.2017.05.004
Ong, C. S., & Chen, P. (2013). Information technology capability-enabled performance, future performance, and
value. Industrial Management and Data Systems, 113(5), 669–682. https://doi.org/10.1108/02635571311324133
Peng, J., Quan, J., Zhang, G., & Dubinsky, A. J. (2016). Mediation effect of business process and supply chain
management capabilities on the impact of IT on firm performance: Evidence from Chinese firms. International
Journal of Information Management, 36(1), 89–96. https://doi.org/10.1016/j.ijinfomgt.2015.09.006
Petera, P., & Šoljaková, L. (2020). Use of strategic management accounting techniques by companies in the
Czech Republic. Economic Research-Ekonomska Istrazivanja , 33(1), 46–67.
https://doi.org/10.1080/1331677X.2019.1697719
Phornlaphatrachakorn, K., & Na-Kalasindhu, K. (2020). Strategic management accounting and firm
performance: Evidence from finance businesses in Thailand. Journal of Asian Finance, Economics and
Business, 7(8), 309–321. https://doi.org/10.13106/JAFEB.2020.VOL7.NO8.309
Rauf, A., Kadir, A. R., & Kamariah, N. (2019). The Role of Firm’s Unique Resource in Developing Sustainable
Competitive Advantage from Strategy Inimitability and its Effect on Firm Performance of Mining Companies in
Indonesia. Journal of Physics: Conference Series, 1341. https://doi.org/10.1088/1742-6596/1341/9/092022
Ringim, K. J., Razalli, M. R., & Hasnan, N. (2015). The Relationship between Information Technology
Capability and Organizational Performance of Nigerian Banks. International Journal of Business Research
and Development, 4(2), 1–10. https://doi.org/10.24102/ijbrd.v4i2.578
Sholihin, M., & Ratmono, D. (2020). SEM analysis with WarpPLS 7 (2th Editio). ANDI Publisher.
Sumkaew, N., & Intanon, R. (2020). The Relationship between Strategic Management Accounting Information
Usage , Environmental Uncertainty and Nationality of Director of Manufacturing Enterprises in. Open Journal
of Social Sciences, 8, 39–52. https://doi.org/10.4236/jss.2020.89003
Tanc, A., & Gokoglan, K. (2015). The impact of Environmental Accounting on Strategic Management
Accounting: A research on Manufacturing Companies. International Journal of Economics and Financial
Issues, 5(2), 566–573.
Tandiharjo, H. A., & Devie. (2015). Pengaruh Competitor Accounting Sebagai Strategic Management
Accounting Techniques Terhadap Competitive Advantage dan Organization Performance. Business Accounting
Review, 3(1), 168–179.
Tippins, M. J., & Sohi, R. S. (2003). IT competency and firm performance: Is organizational learning a missing
link? Strategic Management Journal, 24(8), 745–761. https://doi.org/10.1002/smj.337
Turulja, L., & Bajgoric, N. (2018). Information technology, knowledge management and human resource
management: Investigating mutual interactions towards better organizational performance. VINE Journal of
Information and Knowledge Management Systems, 48(2), 255–276. https://doi.org/10.1108/VJIKMS-06-2017-
Turulja, L., & Bajgorić, N. (2015). Information Technology Capability and Its Impact on Firms Performance.
SSRN Electronic Journal, 43–49. https://doi.org/10.2139/ssrn.3280270
Turulja, L., & Bajgorić, N. (2016). Human Resources or Information Technology: What is More Important for
Companies in the Digital Era? Business Systems Research Journal, 7(1), 35–45. https://doi.org/10.1515/bsrj2016-0003
Wei, S., Xu, D., & Liu, H. (2021). The effects of information technology capability and knowledge base on
digital innovation: the moderating role of institutional environments. European Journal of Innovation
Management. https://doi.org/10.1108/EJIM-08-2020-0324
Widodo, T. (2015). The effect of transformative IT capability on sustainable competitive advantage. 2015 3rd
International Conference on Information and Communication Technology, ICoICT 2015, 352–357.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 International Journal of Educational Research & Social Sciences
This work is licensed under a Creative Commons Attribution 4.0 International License.