Demand for Management Accounting Information in Small Businesses: Judgment Performance in Business Planning

摘要

This paper investigates factors that influence the demand for management accounting information by evaluating entrepreneurs' decisions to prepare business plans in support of the need to obtain financing. Data is obtained from a survey administered to clients of the Arkansas Small Business and Technology Development Center and designed to address various aspects of financing options. Regression analysis is used to develop a descriptive model that indicates the adequacy of capital resources acquired from business financing is related to the interaction of entrepreneurial manager's decision to prepare a business plan and his/her financial knowledge. These findings have implications that support the proposition that the demand for managerial accounting information is based, at least to some extent, on managers' need for key support of optimal decisions. The authors would like to acknowledge the supportprovided by the Arkansas Small Business Technology and Development Center by permitting and facilitating access to their small business clients and the thoughtful contributions of John R. Henden and Joseph R. Bell (University of Arkansas at Little Rock) in the development of the survey instrumentfrom which data analyzed in this study was obtained.