EFFECT OF EVIRONMENTAL FACTORS ON MANAGEMENT ACCOUNTING THEORY IN NIGERIA

This research examined the effects of environmental factors on management accounting theory in Nigeria (a case study of Bayelsa state). Simple random sampling technique was adopted. 300 respondents were randomly selected from the total population. The data used for this study were obtained from primary sources through the use of questionnaire. The data obtained were analysed with principal component analysis technique (PCA). Based on the empirical analysis, this study found out that market competition has a significant effect on management accounting in Bayelsa State. Also the result shows that score of customer influence have a significant effect on management accounting. Similarly the result shows that regulatory pressure has a significant effect on management practice. On the other hand, the result shows that social and moral responsibility has no significant effect on management accounting practice. This study concludes that customer influence, regulatory pressures and high environmental uncertainty among other are determining factors of management accounting theory are the most determining factors of management accounting theory Keywords: Principal Component, Regulatory Pressures, Customer Influence, Market Competition, Social and Moral Responsibility DOI: 10.7176/JAAS/82-06 Publication date: September 30 th 2023