Management Accounting Innovations and Financial Performance: The Role of Economic Crisis Perceptions and Business Strategy

DOI

10.2991/aebmr.k.211124.048How to use a DOI?

Keywords

Management accounting innovations; Economic crisis perceptions; Business strategy

Abstract

The purpose of this paper is to conceptually analyze management accounting innovation on financial performance through the role of economic perception and business strategy. Through a method based on conceptual studies (conceptual paper), the results of the analysis are expected to become thoughts as well as solutions for companies to refocus their business activities in order to be able to maintain their performance during the pandemic and decision-making processes. The result of the conceptual study is that in determining management accounting innovation, companies must consider internal and external factors in achieving financial performance. In the current condition of uncertainty, external factors in the form of anticipation of the emergence of economic risks are important. On the other hand, the choice of business strategy also determines management accounting innovation as an internal factor. This is indicated to have an effect on improving the company’s financial performance.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - I Made Pradana Adiputra
AU  - I Gede Putu Banu Astawa
AU  - Desak Nyoman Sri Werastuti
AU  - Ni Kadek Sinarwati
PY  - 2021
DA  - 2021/11/25
TI  - Management Accounting Innovations and Financial Performance: The Role of Economic Crisis Perceptions and Business Strategy
BT  - Proceedings of the 6th International Conference on Tourism, Economics, Accounting, Management, and Social Science (TEAMS 2021)
PB  - Atlantis Press
SP  - 335
EP  - 342
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211124.048
DO  - 10.2991/aebmr.k.211124.048
ID  - Adiputra2021
ER  -