Aim and Contribution of Analytical Management Accounting Research

Abstract

This paper explicates the aim of analytical research that applies game theory and develops the explanatory theory of management accounting practice and the contribution this style of research brings to the field of management accounting. There are two types of the analytical research; the one based on agency theory examines the issues related to performance evaluation within an organization and the other based on industrial organization does the ones related to the inter-corporate relationship, collectively called strategic management accounting. These studies aim to sophisticate the conventional wisdom of management accounting and contribute to the development of management accounting education. In addition, they are expected to improve management accounting practice through the contribution to education. Also, to strength the contribution of the analytical research to practice, it is required to collaborate with other approaches: case study, positive research, and experimental research.