Editorial: COVID-19 Pandemic and the Case for Research on Traditional Management Accounting Practices

Furthermore, the pandemic has also exposed the weaknesses of the foundations upon which contemporary business models are designed. For example, the lean manufacturing system is grounded on the assumption that though on-demand supply chain can be physically established, it can be virtually controlled and therefore reliably maintained. However, the disruptions of global supply chains observed in 2020 clearly exposes the vulnerability of the system.