Technology Investment and Management Accounting Practice
研究发现新技术投资决策复杂且充满政治性，决策过程漫长曲折，与管理会计系统捕捉的信息有限，导致管理会计对投资决策影响较小。
SUMMARY Management accounting techniques and information are often accused of having many limitations that are likely to constrain investment in new technology. However, relatively little is known about the actual influence of management accounting practices on investment decisions. The empirical evidence of this research shows that new technology investment decisions are both highly complex and political. These decision attributes give rise to a protracted, circuitous, decision process that is very different from the rational model which dominates the capital budgeting literature. The research also shows that the management accounting system captures only a fraction of the information generated by this process and consequently has a relatively low influence on these investment decisions.