An Investigation into the Relevance of Hierarchical Linear Model(HLM) on Management Accounting: A Review

Abstract

In this paper, I investigate relevance of the Hierarchical Linear Model(HLM) in management accounting research and practice. Then, I reviewed the literature of the empirical strategic management research and the empirical accounting research. In addition, I discussed the notes on the empirical analysis using HLM in the study of financial information in a more micro situations, and the implication of management accounting research and practice.