Author(s): Monteiro, Albertina Paula ; Vale, Joana ; Leite, Eduardo ; Lis, Marcin ; Kurowska-Pysz, Joanna
Date: 2022
Persistent ID: http://hdl.handle.net/10400.22/21871
Origin: Repositório Científico do Instituto Politécnico do Porto
Subject(s): Accounting information system quality; Corporate success; Non-financial information quality; Decision-making success; Internal control system quality
This study aims to develop and evaluate a model that seeks to measure the impact of Accounting Information System Quality, Internal Control System Quality and Non-Financial Information Quality on company success (Decision-Making Success and Non-Financial Performance). This model is empirically tested with data obtained from the managers of 381 Portuguese companies. We use structural equation modelling in the analysis of causal relationships between different constructs. The results show that information and control systems quality (accounting and internal control) have a direct impact on Non-Financial Information Quality and an indirect impact on Decision-Making Success. The results also indicate that Quality Non-Financial Information does not contribute directly to Non-Financial Performance but contributes indirectly via DecisionMaking Success. The exploratory variables prove to be crucial for the companies’ Non-Financial Performance, accounting for its 62% variance. Previous research focuses primarily on financial information quality and financial performance. This study is the first to empirically prove that information and control systems contribute favourably to the transparency and value-relevance of non-financial information and, consequently, to business success.
