Investigating the attributes that drives the quality of decision-making process in emerging economies
DOI:
https://doi.org/10.24191/jeeir.v10i3.18376Keywords:
Accounting information, Decision making, Financial information, Information qualityAbstract
This study examines the attributive factors of decision-making process among selected institutions in emerging economies. The researchers used a survey research design to study accounting information quality and its relationship with decision-making approach. The current work was quantitative in nature where purposive and random sampling methods were employed. The sample consists of thirty-seven (37) respondents with a mix percentage of male and female. Results from the study indicated that the quality of accounting information such as accuracy, timeliness, conciseness, relevancy, and reliability significantly aid and determine the decision-making process. From the findings of this study, it can be concluded that the quality of accounting information had a positive and significant impact on decision-making process in public-sector organizations. It was noted that decision-making and traits of financial information are cyclical in nature. They are described as input and output relationship. The study suggests that new initiatives be implemented to improve the predictive value aimed at improving decision-making using accounting information.
References
Afiah, N. N.n & Rahmatika, D. N. (2014). Factors influencing the quality of financial reporting and its implications on good government governance. International Journal of Business, Economics and Law, 5(1), 1-11. http://ijbel.com/wp-content/uploads/2014/12/Acc-43-v2-Factors-Influencing-The-Quality-of-Financial-Reporting-and-Its-Implications-on-Good-Government-Governance.pdf
Biddle, G. C., Hilary, G., & Verdi, R. S. (2009). How does financial reporting quality relate to investment efficiency? Journal of Accounting and Economics, 48(2-3), 112–131. https://doi.org/10.1016/j.jacceco.2009.09.001
Cheung, E., Evans, E., & Wright, S. (2010). An historical review of quality in financial reporting in Australia. Pacific Accounting Review, 22(2), 147-169. https://doi.org/10.1108/01140581011074520
Cohen, J. R., Krishnamoorthy, G., & Wright, A. (2004). The corporate governance mosaic and financial reporting quality. Journal of Accounting Literature, 87-152. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1086743
Cooper, D. R & Schindler, P. S. (2016). Business research methods (11th ed.). McGraw-Hill Publishing, Co. Ltd. New Delhi.
Dang C. T., & Owens, T. (2016). How accurate are financial reports of British charities? Center for research in Economics Development and International Trade, University of Nottingham.
Eng, L. L, Lin, J., & De Figueiredo, J. N. (2018) International financial reporting standards adoption and information quality: Evidence from Brazil. Journal of International Financial Management & Accounting, 30(1), 5-29. https://doi.org/10.1111/jifm.12092
Goolsbee, A., & Desai, M. A. (2004). Investment, overhang, and tax policy. Brookings Papers on Economic Activity, 2, 285 – 355. https://www.brookings.edu/bpea-articles/investment-overhang-and-tax-policy/
Halabi, A., & Carroll, B. (2015). Increasing the usefulness of farm financial information and management. Qualitative Research in Organizations and Management: An International Journal, 10(3), 227-242. https://doi.org/10.1108/QROM-07-2014-1240
Herath, S. K., & Albarqi, N. (2017). Financial reporting quality: A literature review. International Journal of Business Management and Commerce, 2(2), 1-14. https://www.ijbmcnet.com/images/Vol2No2/1.pdf
ICAA. (2008). Reporting handbook 2008. John Wiley & Sons.
Kariyawasam, H. (2016). Relationship between accounting information and decision making in the Sri Lankan manufacturing sector. IOSR Journal of Business and Management Invention, 18(12), 8-12. https://www.iosrjournals.org/iosr-jbm/papers/Vol18-issue12/Version-1/B1812010812.pdf
Kothari, C. R. (2004). Research Methodology Method & Techniques (2nd ed.). New Age International Publishers, New Delhi.
Nooraie, M. (2011). Decision's familiarity and strategic decision-making process output: The mediating impact of the rationality of the decision-making process. International Journal of Applied Decision Sciences, 4(4), 385 -400. https://www.inderscienceonline.com/doi/abs/10.1504/IJADS.2011.043306
Preen, D.B., Holman, C. D. J., Lawrence, D. M., Baynham, N. J., & Semmens, J. B. (2004) Hospital chart review provided more accurate comorbidity information than data from a general practitioner survey or an administrative database. Journal of Clinical Epidemiology, 7(22), 1295-1304. https://doi.org/10.1016/j.jclinepi.2004.03.016
Ullah, M. H., Khonadakar, J. A., & Fahim, S. T. (2014). Role of financial information in strategic decision making in manufacturing industries in Bangladesh. Double-Blind Peer Reviewed International Research Journal, 14(1), 5-12. https://journalofbusiness.org/index.php/GJMBR/article/view/1211
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Patrick Ninson, Comfort Ninson
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
