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Application of Intellectual Capital in Management Accounting Practices

Mastor, Nor Hamimah and Md Som, Hishamuddin and Rajab, Azizah and Mohamed Saat, Maisarah (2004) Application of Intellectual Capital in Management Accounting Practices. Project Report. Universiti Teknologi Malaysia. (Unpublished)

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Abstract

Intellectual capital literature devotes considerable growing attention to its valuation, measurement and reporting, but far less attention to its implications for managerial accounting. This study concerns the impact of IC on management accounting practices (MAP) and corporate performance. It examines whether, and how, the degree and form of IC influences MAP, specifically performance measurement, budgeting, capital budgeting, and economic exposure management. It explores the greater likelihood of firms investing heavily in IC emphasising non-financial measures and adopting a non-accounting style, focusing more on strategic, and less on financial issues. Furthermore, whether they are better able to respond to unanticipated economic and market changes, and whether they have high culture of trust. Data were collected through a postal survey of companies and six case studies in Malaysia. These included both accounting and non-accounting executives. Quantitative data analysis used principal component, correlation, and multiple regression analyses. Case studies data were analysed based on propositions developed for the study. New empirical evidence indicates relationships between (1) IC and (a) MAP (b) high culture of trust (c) economic exposure management, (2) IC, MAP, and high firms’ performance. Suggestions are also provided for future research.

Item Type:Monograph (Project Report)
Uncontrolled Keywords:intellectual capital; Management Accounting Practice (MAP); performance measurement;
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Management and Human Resource Development (Formerly known)
ID Code:2703
Deposited By: Norzubaidha Ismail
Last Modified:01 Jun 2010 03:04

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