Impact of accounting information systems on corporate performance: An application of agency theory

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Abstract

Accounting information systems (AIS) provide appropriate information for managers to make decisions and improve corporate performance. When enterprises use appropriate AIS, enterprises can improve their corporate performance because the AIS can protect data, and assets, and generate useful information, thereby improving the decision-making process to achieve business goals (Akhter, 2022). Today, the need to apply appropriate AIS is increasing due to the influence of AIS on corporate performance (Al-Delawi & Ramo, 2020). This study is conducted to investigate AIS and the impact of AIS on the corporate performance of joint stock commercial banks in Vietnam. We employ both qualitative and quantitative methods for processing data collected from 22 joint stock commercial banks in Vietnam. The study sent 250 questionnaires to managers of joint stock commercial banks in Vietnam. The results reveal that there is a positive relationship between AIS and the corporate performance of joint stock commercial banks in Vietnam. In addition, research has also shown in more detail the relationship between AIS and corporate performance based on the application of agency theory. Based on the findings, some recommendations are proposed relating to AIS for enhancing the corporate performance of joint stock commercial banks in Vietnam.

Keywords: Agency Theory, Corporate Performance, Accounting Information Systems (AIS), Internal Controls, Managers

Authors’ individual contribution: Conceptualization — T.T.T.; Methodology — T.T.T.; Resources — A.H.N.; Writing — Original Draft — T.T.T.; Writing — Review & Editing — T.T.T.; Visualization — T.T.T.; Funding Acquisition — T.T.T.

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

JEL Classification: G30, M10, M40, M41, O30

Received: 05.10.2022
Accepted: 06.09.2023
Published online: 08.09.2023

How to cite this paper: Tran Trung, T., & Huu Nguyen, A. (2023). Impact of accounting information systems on corporate performance: An application of agency theory [Special issue]. Corporate Governance and Organizational Behavior Review, 7(3), 429–443. https://doi.org/10.22495/cgobrv7i3sip17