2025, Vol. 6, Issue 1, Part G
The impact of management accounting practices (MAPs) on the business performance of small and medium enterprises (SMEs) in India's electronics sector
Author(s): Mushtaq Ahmad Bhat, Firdous Ahmad Hurrah and Mohi-ud-din Sangmi
Abstract: This study examines the impact of Management Accounting Practices (MAPs) on the business performance of Small and Medium Enterprises (SMEs) in India’s consumer electronics sector, a rapidly expanding and competitive industry. By analyzing key MAPs—costing systems, budgeting, performance evaluation, decision-making information, and strategic analysis—this research addresses a critical gap in existing literature on the role of structured accounting practices in enhancing financial sustainability and operational efficiency. Using a quantitative approach, data were collected from 280 SME managers, accountants, and finance professionals through a structured survey, employing a probability-based simple random sampling technique. Multiple regression analysis, conducted via SPSS 24.0, reveals that budgeting, performance evaluation, and strategic analysis significantly contribute to improved business performance, particularly in cost control, profitability, and competitive positioning, while decision-making information exhibits a weaker correlation. These findings underscore the importance of structured management accounting techniques in fostering financial stability and sustainable growth. By offering empirical insights into the relationship between MAP adoption and business performance, this study provides valuable implications for business owners, financial managers, and policymakers, advocating for the integration of robust accounting strategies tailored to the unique challenges of SMEs in the consumer electronics sector. This research not only enriches the literature on management accounting in emerging markets but also serves as a foundation for future studies on SME competitiveness and financial management in India.
DOI: 10.22271/27084515.2025.v6.i1g.501
Pages: 592-600 | Views: 162 | Downloads: 74
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How to cite this article:
Mushtaq Ahmad Bhat, Firdous Ahmad Hurrah, Mohi-ud-din Sangmi. The impact of management accounting practices (MAPs) on the business performance of small and medium enterprises (SMEs) in India's electronics sector. Asian J Manage Commerce 2025;6(1):592-600. DOI: 10.22271/27084515.2025.v6.i1g.501
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