Managerial Accounting Information Competencies of Sugarcane Planting in Thailand

Abstract

This study investigated the consequences of managerial accounting information competencies (MAICs) on agricultural innovation that consists of decision making accuracy, effectiveness of productivity, improvement of cost management enhance to sustainability competitive advantage of Thai sugarcane farmers. The information elicited from the participants was tested against sustainability competitive advantage. A sample of 306 sugarcane farmers who are chief sugarcane quotas in Kamphaeng Phet province, Thailand were chosen and data were collected through questionnaires. Ordinary least squares regression analysis revealed that the accounting information competencies were positively related to decision making accuracy, effectiveness of productivity, and improvement of cost management. In addition, these factors were found to have a positive effect on sustainability competitive advantages. Moreover, managerial accounting information competencies had also a positive effect on sustainability competitive advantages. This implied that the MAICs and the factors that are consequences of MAICs raise performance to better sector their MAICs activities. In the eve of the ASEAN treaty, MAICs can help Thai farmers improve their sustainability competitive advantages.