Application of management accounting techniques in Indian small and medium hospitality enterprises: an empirical study
by Mohinder Chand, Ashish Dahiya
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 11, No. 1, 2010

Abstract: Indian small and medium size hospitality enterprises (SMHEs) are an important factor for the socio-economic development in terms of GDP and employment generation in the country. However, economic reforms initiated since 1990s have created both opportunities and threats for the local entrepreneurs. Many multi-level transformations were needed, so they will be able to adapt in the new era. In most cases these transformations had several difficulties to be accepted by Indian SMHEs. The aim of this paper is to investigate and report the importance and usage of management accounting techniques in Indian SMHEs, and to identify the major barriers that are experienced by Indian SMEs in the hospitality industry in their efforts to implement management accounting techniques in their businesses. Empirical data were collected through a structured questionnaire over 429 Indian hospitality small and medium enterprises. The findings suggested that management accounting techniques have a great impact on different firm's aspects especially on cost reduction and quality improvement. Further results indicate the major obstacles for application of management accounting techniques in Indian SMHEs relating to ownership and size characteristics and extensive high cost.

Online publication date: Tue, 03-Aug-2010

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Entrepreneurship and Small Business (IJESB):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com