How management accounting practices integrate with big data analytics and its impact on corporate sustainability

• Published in: Journal of financial reporting & accounting Vol. 22; no. 2; pp. 416 - 432
• Main Author: Abdelhalim, Abeer M.
• Format: Journal Article
• Language: English
• Published: Bingley Emerald Publishing Limited 29-04-2024; Emerald Group Publishing Limited
• Subjects: Accounting procedures; Big Data; Business models; Circular economy; Competition; Competitive advantage; Cost reduction; Data analysis; Data collection; Decision making; Disclosure; Energy consumption; Management accounting; Manufacturing; Profits; Strategic management; Sustainability management; Management accounting; N 56; Corporate sustainability; M 41; O 33; Q 01; Big data analytics; L10
• ISSN: 1985-2517; 1985-2517; 2042-5856
• DOI: 10.1108/JFRA-01-2023-0053

Purpose
This study aims to investigate the relationships between big data analytics, management accounting practices and corporate sustainability and, more precisely, the impact of the integration between big data analytics and management accounting on corporate sustainability performance development.
Design/methodology/approach
A qualitative case study approach is used in this study with multiple collecting data tools as in-depth interviews and observations, in addition to the content analysis used of the annual reports for the year 2021, of Almarai manufacturing corporate (one of the leaders of food and beverage manufacturing corporates in Saudi Arabia and other countries).
Findings
Research findings provide good insights about the significant impact of the effective integration between big data analytics and management accounting on corporate sustainability performance development, big data can assist management accounting to form corporate value-added strategies and activities.
Research limitations/implications
The study is limitedly applied to one manufacturing corporate as a study case; therefore, the findings cannot be generalized. Thus, future research can examine the association between the current study variables with wide-scale applications and with different approaches and in different contexts to enrich the findings. Moreover, future research may focus on the integration between big data analytics and management accounting reports in the meta-verse environment to explore the benefits that corporates could gain from the features and capabilities of meta-verse technology.
Originality/value
There is a research gap regarding the impact of the integration between big data analytics and management accounting practices on corporate sustainability development, as most of the previous studies focused on two variables only of the current study variables; therefore, this study tries to investigate and give important insights about it.