Does digitalization in management accounting and control increase corporate performance? The mediating role of operational planning and budgeting

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Abstract

This study examines how digitalization in management accounting and control (MAC) impacts corporate performance mediated by budgeting and operational planning. Using survey data from German management accountants, a mediated regression analysis reveals that digitalization has a positive effect on corporate performance through improved planning and budgeting. The findings underscore the importance of aligning technology, processes, and MAC tools to enhance performance. This study fills a gap in understanding the indirect effects of digitalization in MAC, offering valuable insights for both scholars and practitioners.

Keywords: Budgeting, Digitalization, Management Accounting, Management Control, Performance, Planning

Authors’ individual contribution: Conceptualization — R.R. and P.U.; Methodology — R.R.; Formal Analysis — R.R.; Writing — Original Draft — R.R.; Writing — Review & Editing — R.R. and P.U.; Visualization — R.R.; Supervision — R.R. and P.U.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

JEL Classification: D22, L26, M41

Received: 11.06.2024
Accepted: 24.12.2024
Published online: 27.12.2024

How to cite this paper: Rieg, R., & Ulrich, P. (2024). Does digitalization in management accounting and control increase corporate performance? The mediating role of operational planning and budgeting. Business Performance Review, 2(2), 35–47. https://doi.org/10.22495/bprv2i2p3