Management Accounting in a Digital and Global Economy: The Interface of Strategy, Technology, and Cost Information
Year: 2009
Type: book-chapter
Abstract: This chapter discusses aspects of the digital economy and globalization and their influence on management accounting. It argues that strategy, technology, and costs are increasingly co-mingled in globalized and digitized organizational contexts. Conceiving ways of doing things has traditionally been regarded as a necessarily distinct process from the actual execution of activities. This notion is embedded across the majority of established enterprise management approaches. But managerial intentions and actions are becoming intertwined in many enterprises. Decision-based thinking does not necessarily always precede managerial action. The chapter discusses how digitization and globalization are altering decision making processes and organizational action. It does so by considering virtual organization-based issues and some wider possible implications for strategic management accounting. A case study of a firm tackling digitization and globalization issues is discussed to draw out these conclusions.
Source: Oxford University Press eBooks
Authors: Alnoor Bhimani, Michael Bromwich
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W33100644