THE ROLE OF MANAGEMENT ACCOUNTING INFORMATION IN IMPROVING THE PERFORMANCE OF THE MANUFACTURING INDUSTRY IN MALAYSIA DURING THE INTENSITY OF MARKET COMPETITION
DOI:
https://doi.org/10.51200/mjbe.vi.3328Keywords:
management accounting, management accounting information, the intensity of market competition, organizational performance, Malaysian Manufacturing IndustryAbstract
This study aims to understand the impact of the intensity of market competition on the performance of the manufacturing industry in Malaysia. It also examines how management accounting information mediates the relationship between the intensity of market competition and the performance of the manufacturing industry in Malaysia. This study focuses on the manufacturing industry in Malaysia. Data consists of 74 electrical and electronics manufacturing companies that are listed in the Federation of Malaysian Manufacturers (FMM) directory. The analysis is conducted using the Statistical Package for the Social Sciences (SPSS) and Partial Least Square-Structural Equation (PLS-SEM). The findings suggest that the intensity of market competition is related positively to the performance of the manufacturing industry in Malaysia. Also, management accounting information plays a mediating role between the intensity of market competition and the performance of the manufacturing industry in Malaysia. This study contributes to the management accounting literature by expanding the understanding of using management accounting information in improving the performance of the manufacturing industry in Malaysia during the intensity of market competition. Also, the findings of this study give empirical evidence to the practitioners that the intensity of market competition positively influenced organizational performance, and that the use of management accounting information supports managers to improve organizational performance.
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