Diffusion of Management Accounting Practices in Gulf Cooperation Council Countries

Prem Lal Joshi, Wayne G. Bremser, Ashutosh Deshmukh, Rajesh Kumar

Research output: Contribution to journalArticlepeer-review

9 Scopus citations

Abstract

This study examines how management accounting practices (MAPs) have been adopted and diffused by publicly listed firms in the Gulf Cooperation Council (GCC) countries. The results of our survey show that the adoption rates for MAPs in the area of cost management and strategy are low while those in the area of performance measurement are moderate. Overall, the respondents favorably perceived their success in implementing MAPs. Power and politics, not economic (or cost-benefit) reasons, were considered to be the most influential reasons for nonadoption of MAPs. The results provide partial support to the view that there is a global convergence of management accounting system designs and ideas and also indicate that the role of cultural differences is diminishing over time.

Original languageEnglish (US)
Pages (from-to)23-53
Number of pages31
JournalAccounting Perspectives
Volume10
Issue number1
DOIs
StatePublished - Mar 1 2011

All Science Journal Classification (ASJC) codes

  • Accounting
  • Finance

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