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The Role of Accounting Data Quality in Value Chain Management: Case of Manufacturing Firms in Thailand |
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| รหัสดีโอไอ | |
| Creator | Trairong Swatdikun |
| Title | The Role of Accounting Data Quality in Value Chain Management: Case of Manufacturing Firms in Thailand |
| Contributor | Xiaoque Chen and Jirapan Choojan |
| Publisher | Business Administration Kasetsart University |
| Publication Year | 2567 |
| Journal Title | Kasetsart Applied Business Journal |
| Journal Vol. | 18 |
| Journal No. | 29 |
| Page no. | 24-37 |
| Keyword | Cost Management, Quality of Data, Value Chain Management |
| URL Website | https://so04.tci-thaijo.org/index.php/KAB |
| Website title | https://so04.tci-thaijo.org/index.php/KAB |
| ISSN | E-ISSN: 2985-2277 |
| Abstract | Management accounting plays a critical role in providing relevant information for business processes, including market competitiveness. To effectively establish and monitor policies, companies must not only consider management accounting data for planning and controlling, but also other pertinent information both internally and across companies. This study examines the relationship between accounting data and Value Chain management in the context of Thai manufacturing firms. A survey-based inquiry was conducted, gathering data from 315 accounting executives of Thai manufacturing firms. The data were analyzed using descriptive and inferential statistics which included correlation and multiple regression analysis.Findings suggest that the quality of accounting data is essential for value chain management, with relevance, faithful representation, comparability, understandability, timeliness, and verifiability being key features of data quality. Furthermore, the successful implementation of value chain management in Thai manufacturing firms requires strategic measures such as supply chain management. The study also reveals that cost leadership has a significant impact on the relationship between Value Chain Management and understandability. In conclusion, this study highlights the importance of accounting data for effective Value Chain management in manufacturing firms. |
