The Role of Manager Behavior in the Utilization of Accounting Information for Corporate Strategic Decision Making
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Abstract
The use of accounting information by managers in strategic decision making is an important factor that determines the success of the company. Accurate, relevant and timely accounting information allows managers to strategize more effectively, improve operational efficiency and strengthen competitiveness. The effectiveness of this information utilization is influenced by various factors such as managers' accounting literacy, the quality of accounting information systems, organizational culture, and external pressures from regulation and industry competition. Ineffectiveness to utilize accounting information can lead to inappropriate decisions that have a negative impact on company performance. This research uses a literature study approach to analyze how managers' behavior to use accounting information can affect the quality of strategic decision making. The study results show that a good understanding of accounting information, reliable system support, and an organizational culture based on data and transparency are the main factors that support the effectiveness of decision making. Investment in accounting information technology and improving managers' competencies through continuous training are strategies that can improve the quality of business decisions. These findings confirm the importance of optimal accounting information management in a competitive business environment. The company can ensure that every business decision is based on valid and accountable data so as to support long-term growth and sustainability by improving accounting literacy and adequate information systems.
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