Management Accounting in China and Southeast Asia: Empirical Studies on Current Practices (Contributions to Management Science)

This book is an essential guide to understanding how managers in China and Southeast Asia make effective economic decisions. In today’s competitive global economy, it’s vital to grasp how the most dynamic part of Asia is employing accounting tools in actual practice. The carefully crafted empirical studies presented here demonstrate the application of management accounting concepts in a variety of economic scenarios. Overall, these comparative investigations describe theory and common practices in a way that yields insights for both strategic and day-to-day problem solving. Accordingly, Management Accounting in China and Southeast Asia will interest graduate students, professional practitioners, and researchers in accounting, management, and finance. Foreword Acknowledgments Contents About the Editors Introduction References Chinese Enterprises ́ Use of Management Accounting Tools 1 Introduction to the Chinese Economy 1.1 Brief Economic History 1.2 China ́s Balance of Payments and Trade Structure 1.3 China ́s Fiscal, Monetary, and Exchange Rate Policies 1.4 Problems 2 Overview of Management Accounting in China 2.1 The Chinese Accountancy Profession 2.2 Development of Chinese Management Accounting 3 Literature Review and Hypotheses 3.1 Management Accounting Evolution 3.2 Institutional Theory 3.3 Employee Motivation Theory 3.4 Information Science Theory 3.5 Hypotheses 4 Research Methodology 4.1 Survey and Interview Questionnaires 4.2 Data Collection 4.3 Descriptive Characteristics of the Surveyed Enterprises 4.4 Descriptive Characteristics of the Survey Respondents 4.5 Descriptive Characteristics of Interview Respondents 5 Findings 5.1 H01: More Traditional Versus Newer MATs 5.2 H02, H03, and H04: MATs ́ Usage Frequency, Satisfaction, and Perceived Importance 5.3 H05: Tool Users ́ Versus All Respondents ́ Perceptions of MATs ́ Importance 6 Discussion 7 Case Studies: Convergence and Form of Ownership 8 Limitations, Research Suggestions, and Conclusions Appendices Section 7 t-Tests (All Respondents) Section 7 t-Tests (Only Users) References Management Accounting Practices in Indonesia 1 General Portrayal of Indonesia and Its Economy 2 Accounting System, Accounting Standards, and Accounting Profession in Indonesia 3 The Need for Professional Accountants in Indonesia 4 Research Method 5 Empirical Findings 6 The Results of Content Analysis 7 Conclusion References Management Accounting Practices in Export-Oriented Manufacturing Small and Medium Enterprises in Malaysia 1 Introduction 2 Background of Malaysia 3 Introduction to Malaysia ́s Political and Economic Landscapes 4 The Accounting Profession in Malaysia 5 Other Related Issues 6 Study Objectives 7 Small and Medium Enterprises (SMEs) in Malaysia 8 Perceived Environmental Uncertainties 9 Traditional Management Accounting Practices 10 Contemporary Management Accounting Practices 11 The Emergence of Digital Technology 12 Data Collection Process 13 Research Findings 14 Conclusion 15 Limitations and Suggested Future Study Appendix References The Stages of Management Accounting Evolution in Taiwan ́s Hotel Industry: Evidence from Taipei City 1 Introduction to Taiwan Economy and Hotel Industry 2 The Accounting Profession in Taiwan 3 IFAC Evolution Model and Literature Review 3.1 IFAC Evolution Model 3.2 Literature Review on Management Accounting Evolution and Practices 3.3 Management Accounting Environment in Taiwan 4 Research Background 5 Methodology 5.1 Methods 5.2 The Instrument 5.3 Sample Firms 6 Empirical Findings 7 Conclusion 8 Limitations and Suggested Future Study Appendix References Management Accounting Practices in Thailand: Case Study of Manufacturing Companies 1 Introduction to Thailand ́s Industry 2 The Accounting Profession in Thailand 3 Management Accounting: A Literature Review 4 Management Accounting Practices in Thailand 4.1 Samples 4.2 Data Analysis 4.3 Characteristics of the Participating Manufacturing Companies 5 Results and Discussion 6 Conclusions and Implications 7 Limitations and Suggestions for Future Research References Management Accounting Practices in Vietnamese Enterprises 1 Introduction to Vietnam 2 Introduction of Management Accounting Profession in Vietnam 2.1 The History of Management Accounting in Vietnam 2.1.1 The Period Before 1954 2.1.2 The Period from 1954 to 1987 2.1.3 The Years from 1987 to 1994 2.1.4 The Period from 1995 to Present 2.2 Review of Vietnamese Management Accounting Literature 3 Research Methodology 3.1 Data Collection 3.2 Method 3.3 Questionnaires 4 The Current Evolutionary Stages of Management Accounting Practices in Vietnamese Enterprises 4.1 Overview of Data 4.2 Evaluation of Roles of Management Accounting 4.3 The Current Evolutionary Stages 5 Conclusions, Suggestions and Limitations References