Providing a Strategic Management Accounting Model to Improve Corporate Productivity with an Interpretive Structural Approach

Abstract

Objective: This study aims to provide a strategic management accounting model to improve corporate productivity using an interpretive structural approach.Methodology: This study employed a qualitative research method and interpretive structural modeling (ISM) to develop the model. A purposive sampling method with the snowball technique was used, and the required data were collected through in-depth interviews and questionnaires from experts in the field, including university professors with a Ph.D. and management accounting professionals with over ten years of experience. The obtained data were then analyzed using the interpretive structural modeling method.Findings: The data analysis results indicated that six factors, including strategic management accounting performance management, strategic management accounting business models, strategic management accounting information technology, strategic management accounting organizational culture, strategic management accounting human resource management, and strategic management accounting economic and business environment, significantly contribute to enhancing competitive advantage and ultimately improving corporate productivity.Conclusion: The findings of this study suggest that adopting a strategic management accounting approach and considering the identified key factors can help organizations optimize their performance and enhance productivity. The results of this research can serve as a basis for managerial and strategic decision-making to improve productivity and create a sustainable competitive advantage for companies.