Management Accounting Practices (MAPs) usage among Small and Medium-sized Enterprises (SMEs) and their implications are examined in this paper. 291 sets of questionnaires were dispersed and six interviews were conducted to gather the data. The usage frequency of individual practices and thematic analysis are deliberated, and the results denote the comparatively low MAPs usage rates among Jordanian SMEs as opposed to those in developed countries. Nonetheless, the reported rates in Jordan are comparable to those in developing countries. Among SMEs, MAPs significantly allow product cost information determination, planning and controlling, and detection of problems. Shortcomings of the traditional system, previous experiments of large companies, and external factors, are considered as the main reasons that motivated SMEs to use MAPs. Insufficient experience, lack of financial resources, and the high costs associated with implementing MAPs are the most crucial reasons that forced SMEs to neglect to use a lot of MAPs. The present study enriches the knowledge of MAPs in the context of SMEs. Also, the significance of MAPs among SME managers is highlighted. Equally, this study should stimulate additional scrutiny and analysis of MAPs amongst SMEs. Keywords: management accounting practices (MAPs), small and mediumsized enterprises (SMEs), Jordan, diffusion of innovations theory
This paper seeks to investigate the impact of financial accessibility constraints and government regulations on organisational performance of small and medium-sized enterprises (SME). On the basis of a literature review covering works specialising in financial accessibility constraints, government regulations and organisational performance, a quantitative study was carried out in Jordan using a sample composed by 291 Jordanian SMEs. Information was gathered by applying surveys addressed to the heads of accounting departments / financial managers in SMEs. The data collected using the questionnaire shows 159 usable questionnaires were received, which gives 54.6% response rate. The findings reveal that financial accessibility constraints negatively influence organisational performance, while government regulations are not significantly linked with organisational performance. In order to reduce the negative impact of financial accessibility constraints on SMEs performance, the government of Jordan and financial institutions should facilitate access to finance for SMEs as a critical factor influencing their performance. Further, the government of Jordan must legislate new regulations to improve performance and continue removing unnecessary burdens that may effect SMEs. Through study outcomes, the interested bodies including the government of Jordan, financial institutions, to name a few, could be assisted in formulating the policies associated with SMEs that are evidence-based. Aside from adding important knowledge to the body of the organisational performance of SMEs, this study can be a starting point for further investigation and analysis of organisational performance among SMEs.
The aim of this paper is to examine the optimal board size in the Jordanian banking sector with a focus on the accounting performance using a panel data from 2004 to 2013. In general, we find that the board size and bank performance are related but not at a significant level. Interestingly, we find that neither too small boards nor too large boards are effectively enhancing the bank accounting performance. The study concludes that the optimal board size is between 9 to 12 directors. Boards with less than nine directors are found to be insignificantly related to the bank performance while boards with more than 12 members are significantly and negatively related to the performance. Currently, the corporate governance codes suggest the board to be at least five directors and not more than 13 directors. Thus, this study suggests the policy makers to limit the size of the board to 9-12 directors only.
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