ABC, Balanced Scorecard, EVA™: An empirical study on the adoption of innovative management accounting techniques

International Journal of Accounting, Auditing and Performance Evaluation

Volumn 2, Issue 3, 2005, Pages 206-225

  Arena, Marika ^a   Azzone, Giovanni ^a  

^a POLITECNICO DI MILANO   (Italy)

Author keywords

ABC; Balanced Scorecard; EVA; Perceived benefits; Survey

Indexed keywords

EID: 33845791164     PISSN: 17408008     EISSN: 17408016     Source Type: Journal    
DOI: 10.1504/IJAAPE.2005.007673     Document Type: Article

References (38)

1. Anderson, H., Cobbold, I. and Lawrie, G. (2001) 'Balanced Scorecard implementation in SME: reflection on literature and practice', Proceeding the Stimulating Manufacturing Excellence in Small and Medium Manufacturing Annual Conference, pp.1-1 0.
2. Armitage, H. and Nicholson, R. (1993) Activity-Based Costing: A Survey of Canadian Practice, Issues Paper No. 3, Society of Management Accountants of Canada Issues Papers Series, September 1993 .
3. Biddle, G.G., Bowen, R.M. and Wallace, J.S. (1997) 'Does EVA beat earnings? Evidence on association with stock returns and firm values', Journal of Accounting and Economics, December, pp.301-336.
4. Bjornenak, T. and Olson, O. (1999) 'Unbundling management accounting innovations', Management Accounting Research, December, pp.325-338.
5. Chenhall, R. and Langfield Smith, K. (1998) 'Adoption and benefits of management accounting practices: an Australian study', Management Accounting Research, Vol. 9, pp. 1-19.
6. Cinquini, L., Collini, P., Marelli, A., Quagli, A. and Silvi, R. (1999) 'A survey on cost accounting practices in Italian large and medium size manufacturing firms', Extract from The 22nd Annual Congress of the European Accounting Association, 5-7 May, Bordeaux.
7. Cooper, R. (1987) 'Does your company need a new cost system?', Journal of Cost Management, Spring, Vol. 1, No. 1, pp.45-49.
8. Coretti, M. (2002) Value Based Management E Misurazione Delle Prestazioni Aziendali, Tesi laurea, pp. 198-199.
9. Drury, C. and Tayles, M. (1994) 'Product costing in UK manufacturing organization', The European Accounting Review, Vol. 3, pp.443-469.
10. Fassina, F. and Scalpellini, C. (1998) Diffusione Delle Tecniche di Cost Accounting Nelle Imprese Manifatturiere Lombarde: Un'indagine Empirica, Tesi di laurea, p. 140.
11. Ghosh, B.C., Kai, C.Y., Seng, G.G., Wee, T.K. and Marcus, Y.C.C. (1996) Management Accounting Practices in Singapore: The State of the Art, Working Paper, Nanyang Technological University, Singapore, pp. 19-96.
12. Green, F.B. and Amenkhienan, F.E. (1992) 'Accounting innovation: a cross-selection survey of manufacturing firms', Journal of Cost Management, Spring, Vol. 6, No.1, pp.58-64.
13. Innes, J. and Mitchell, F. (1995) 'A survey of activity-based costing in UK's largest companies', Management Accounting Research, June, pp.137-153.
14. Johnson, H.T. and Kaplan, R.S. (1987) Relevance Lost. The Rise and Fall in Management Accounting, Harvard Business Scholl Press, Boston, MA.
15. Joshi, P.L. (1998) 'An exploratory study of activity based costing practices and benefits in large size manufacturing companies in India', Accounting and Business Review, Vol. 5, No. 1, pp.65-93.
16. Joshi, P.L. (2001) 'The international diffusion of new management accounting practices', Journal of International Accounting, Auditing and Taxation, Vol. 10, pp.85-109.
17. Kaplan, R.S. (1984a) 'Yesterday accounting undermines production', Harvard Business Review, July-August, pp.85-101.
18. Kaplan, R.S. (1984b) 'The evolution of management accounting', The Accounting Review, July, pp.390-418.
19. Kaplan, R.S. (1986) 'The accounting lag: the obsolescence of cost accounting systems', California Management Review, Winter, pp.174-199.
20. Kaplan, R.S. and Norton, D.P. (1992) 'The balanced scorecard-Measures that drive performance', Harvard Business Review, January-February, pp.71-79.
21. Kaplan, R.S. and Norton, D.P. (1996) The Balanced Scorecard: Translating Strategy into Action, Harvard Business School Press, Boston.
22. Landry, S.P., Chan, W.Y.C. and Jalbert, T. (2002) 'The balanced scorecard for multinational', Journal of Corporate Accounting and Finance, September-October, pp.31-40.
23. Lebas, M. (1996) 'Management accounting practice in France', in Bhimani (Ed.): Management Accounting in European Perspectives, Oxford University Press, Oxford.
24. Luther, R.G. and Longden, S. (2001) 'Management accounting in companies adapting to structural change and volatility in transition economies: a South African study', Management Accounting Research, September, pp.299-320.
25. Malmi, T. (1999) 'Activity-based costing diffusion across organizations: an exploratory empirical analysis of Finnish firms', Accounting Organization and Society, November, pp.649-672.
26. Malmi, T. (2001) 'Balanced scorecard in Finnish companies: a research note', Management Accounting Research, June, pp.207-220.
27. Murphy, K.J. (2000) 'Performance standards in incentive contracts', Journal of Accounting and Economics, December, pp.245-278.
28. Nguyen, H.V. and Brooks, A.N. (1997) 'An empirical investigation of adoption issues relating to activity-based costing', Asian Review of Accounting, Vol. 5, No. 1, pp. 1-17.
29. Nielsen, S. and Sorensen, R. (2004) 'Motives, diffusion and utilisation of the balanced scorecard in Denmark', The International Journal of Accounting, Auditing and Performance Evaluation, Vol. 1, No. 1, pp.103-124.
30. Oslon, E.M. and Slater, S.F. (2002) 'The balanced scorecard, competitive strategy, and performance', Business Horizons, June, pp.11-16.
31. Pere, T. (1999) Strategian Toteutumisen Seuranta Suomesa Sijaitsevissa Suuryrityksissä (How the Execution of Strategy is Followed in Large Organizations Located in Finland), Masters Thesis, Helsinki School of Economics and Business Administration (see Malmi, 2001).
32. Sharman, P. and Kavan, C.B. (1999) 'Software is not the solution: software selection's effects on implementing the balanced scorecard', Journal of Strategic Performance Measurement, February-March, Vol. 3, No. 1, pp.7-15.
33. Silk, S. (1998) 'Automating the balanced scorecard', Management Accounting, May, pp.38-44.
34. Stark, A. and Thomas, H.M. (1998) On the empirical relationship between market value and residual income in UK', Management Accounting Research, December, pp.445-460.
35. Stern Stewart & Co. (2003) The EVA Company. Menus: About EVA; EVA Companies, Internet www page, at URL: 〈http://www.stemstewart.com/〉 (accessed 25th October).
36. Tully, S. (1993) 'The real key to creating wealth', Fortune, 29 September, pp.38-44.
37. Walbert, L. (1995) 'The 1994 Stern Steward performance 1000: using EVA® to build market value', Journal of Applied Corporate Finance, Winter, Vol. 7, No. 4, pp.109-120.
38. Yin, R.K. (1994) Case Study Research: Design and Methods, Sage Publications, 2nd ed., Thousand Oaks, CA.