The effect of strategic management accounting tools on the financial performance of businesses

Management accounting tools are not subject to a clear separation, but are classified as traditional management accounting tools and recently developed (modern, contemporary) management accounting tools. Also strategic management accounting tools are included in recently developed management accounting tools. It is often emphasized that strategic management accounting tools are developed as a means of eliminating the inadequacy of traditional management accounting tools in today's production environment and / or as a substitute for traditional tools. However, it is seen that researches that measure the use of traditional and recently developed management accounting tools in the business world are very limited in the literature. This situation is directed towards the realization of the research. It is also the reason for this research to be conducted that there is a very small number of studies on the effect of management accounting / strategic management accounting tools on the measurement and performance of the businesses according to their demographics. Via e-mail, a questionnaire is sent to 3,639 businesses operating in the organized industrial zone of the cities where industrialization is intense in Turkey. Analyzes are conducted with the available 212 questionnaires from the 226 agency who agreed to participate in the survey. Research findings show that the use of strategic management accounting tools is at a certain level but the use of traditional management accounting tools is greater. In other words, traditional management accounting tools are still widely used, and this level of utilization is higher than the level of use of strategic management accounting tools. With the use of management accounting / strategic management accounting tools, hypothesis testing has been conducted for the demographics of the businesses of the year of operation, sector, size of business, type of product / service sold and type of business. According to hypothesis testing results, the use of some management accounting / strategic management accounting tools differs according to some demographic characteristics. According to the results of hypothesis tests on the effect of the use of management accounting / strategic management accounting tools on performance (financial, non-financial and overall performance), the use of some tools has an effect on performance but the use of some tools does not.