The impact of digital transformation in management accounting on governance efficiency: The intermediary role of accounting information quality

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Abstract

This study aims to evaluate the impact of digital transformation in management accounting on the management efficiency of enterprises, with the intermediary role of accounting information quality. The study is based on the theoretical model proposed by Hasan (2023) and Phornlaphatrachakorn and Na Kalasindhu (2020, 2021) regarding the influence of digital transformation in accounting. The research utilized a quantitative approach, employing the linear structural equation model (SEM) and survey data from 320 enterprises in Hanoi, Vietnam. The findings revealed the acceptance of four hypotheses, suggesting the following: the direct positive impact of digital transformation in accounting on the quality of accounting information and business ME; quality of accounting information has a direct positive impact on corporate governance efficiency; digital transformation in accounting has indirect implications on corporate governance efficiency with the mediating role of accounting information quality. This study contributes to empirical research on the application of digital transformation in various fields while enhancing confidence in digital technology.

Keywords: Digital Transformation, Management Accounting, Quality, Information, Management Efficiency, Impact, Vietnam

Authors’ individual contribution: Conceptualization — L.T.T.O.; Methodology — L.T.T.O. and N.T.D.; Software — B.T.N. and V.T.K.A.; Validation — B.T.N., N.T.D., and V.T.K.A.; Formal Analysis — N.T.D. and N.T.T.; Investigation — L.T.T.O. and B.T.N.; Resources — B.T.N. and N.T.D.; Data Curation — N.T.T. and V.T.K.A.; Writing — L.T.T.O., B.T.N., N.T.T., and V.T.K.A.; Visualization — L.T.T.O., N.T.D., and V.T.K.A.; Supervision — B.T.N., N.T.D., and V.T.K.A.; Project Administration — N.T.D.; Funding Acquisition — L.T.T.O., B.T.N., N.T.D., and N.T.T.

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

JEL Classification: M10, M21, M40, M41, M49

Received: 03.05.2024
Revised: 13.08.2024; 01.02.2025
Accepted: 12.02.2025
Published online: 14.02.2025

How to cite this paper: Oanh, L. T. T., Ngoc, B. T., Dung, N. T., Trang, N. T., & Anh, V. T. K. (2025). The impact of digital transformation in management accounting on governance efficiency: The intermediary role of accounting information quality [Special issue]. Journal of Governance & Regulation, 14(1), 295–306. https://doi.org/10.22495/jgrv14i1siart6