Effect of strategic management accounting techniques on market share changes in firms in Tehran Stock Exchange market

Abbasi, Behjat; Mohammadi, Mohammad Hamed Khan

doi:10.21511/ppm.14(3-si).2016.04

Cited by 2 publications

(2 citation statements)

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“…The latest techniques can help change the direction, accelerate or slow down the growth of companies, provided they are ready and able to cope with future threats and the ability to use potential advantages (Abbasi & Mohammadi, 2016). The implementation of more complex management accounting systems allows reducing risks for the enterprise and makes risk management more effective (Afifa & Saleh, 2021).…”

Section: Discussionmentioning

confidence: 99%

“…In the future, the meaning of this concept became more and more multifaceted. Management accounting is a system of measuring and collecting financial and operational information for the implementation of motivational behavior, creation or maintenance of cultural values necessary to achieve the strategic goals of the organization (Abbasi & Mohammadi, 2016). But today, strategic management accounting is gaining much more importance than the control of stocks or costs of the enterprise for the long term.…”

Section: Literature Reviewmentioning

confidence: 99%

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Risk-Oriented Strategic Management Accounting in Ukraine

Fomina,

Semenova,

Moshkovska

et al. 2023

Business: Theory and Practice

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In order to survive, Ukrainian enterprises in the conditions of war must look for new ways of effective management, a higher degree of integration of risk management and strategic management. Management accounting helps make risk-based decisions to achieve strategic goals. The expert survey method made it possible to identify the most significant risks for enterprises in Ukraine in war conditions: the risk of increased costs, reduced income, the risk of inability to repay obligations, loss of customers, non-payment of receivables, loss of asset value, risk of unprofitability, reduction of business and bankruptcy. The strategic management accounting risk matrix shows the probability and potential impact of each risk on accounting data. A strategic plan and measurement of the effectiveness of risk-oriented strategic management accounting was developed. It shows the relationship of accounting objects, the financial statements of the enterprise, with analytical indicators for assessing the financial condition and the impact of risks under pessimistic, optimistic and optimal scenarios. In practice, it helps to identify risks, determine their impact on enterprise performance indicators, model indicators, assess their compliance with strategic goals, adapt in a timely manner, and make effective management decisions.

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Section: Discussionmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Risk-Oriented Strategic Management Accounting in Ukraine

Fomina,

Semenova,

Moshkovska

et al. 2023

Business: Theory and Practice

View full text Add to dashboard Cite

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Competitive positioning and market share of selected insurance companies: case of Nigeria

Ololade A.,

Adefulu,

Grace Olubisi

et al. 2024

Insurance Markets and Companies

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The insurance industry contributes to the smooth running of the economy. Unfortunately, not every country develops insurance at a high level; that is, the level of insurance penetration is low. This is happening in Nigeria. Therefore, this study aims to establish the effect of competitive positioning on the market share of selected insurance companies in Lagos State, Nigeria. The study adopts a survey research design. A structured instrument was used for data collection using the modified six-point Likert-type scale. The questionnaire was divided into three sections (about respondents’ demographic factors, competitive positioning, and market share). The population was 2,183 management-level employees from the 20 selected insurance companies. The sample size of 507 was determined using stratified random sampling and proportionate method. Test-retest method was used to validate the instrument, while the reliability was determined through internal consistency method. The Cronbach Alpha coefficients ranged from 0.71 to 0.88. Response rate of 86.7% was achieved. Descriptive and inferential statistics were used for analysis. Findings reveal that competitive positioning components have a significant effect on market share (Adj.R2 = 0.194, F(5. 434) = 22.097, p &lt; 0.05). The results demonstrate that if all the competitive positioning components were set to zero, the market share of selected insurance companies in Lagos State would be 6.537, which is a positive value. Thus, competitive positioning components significantly affect market share. As a result, this study found that insurers would benefit from increasing their focus on developing the strategic asset and research and development aspects of competitive positioning to expand their market share. Acknowledgments The researchers acknowledge the contributions of the anonymous reviewers for the useful comments in making the article better. We acknowledge the management of the University that made it mandatory for the supervisee to publish two articles from their thesis, one in the name of the supervisor as the lead author, while another in the name of the supervisee as the lead author. The research assistants are acknowledged for the cooperation during the field work and the management of the insurance companies engaged for the study. The inputs of the supervisors are greatly acknowledged.

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Effect of strategic management accounting techniques on market share changes in firms in Tehran Stock Exchange market

Cited by 2 publications

References 1 publication

Risk-Oriented Strategic Management Accounting in Ukraine

Risk-Oriented Strategic Management Accounting in Ukraine

Competitive positioning and market share of selected insurance companies: case of Nigeria

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