Randomized trial investigates cost information's impact on competitive advantage in Omani organizations, suggesting strategic importance for decision-making.
Key Points
This study aims to explore how factors related to costing systems affect competitive advantage in organizations and the role of cost information in decision-making.
Developed a conceptual framework based on Locke and Latham Goal Setting Theory.
Collected data from a survey of 309 firms in Oman’s logistics and shipping industry.
Analyzed data using partial least squares structural equation modeling.
The purpose and intensity of costing system usage significantly impact competitive advantage, both directly and indirectly through cost information usage.
All proposed hypotheses were accepted, indicating strong empirical support for the model.