A Study of Business Environment on Accounting Information Quality and Decision-making Efficiency of Small and Medium Enterprises (SMEs) in Khon Kaen Province
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Abstract
This study aimed to investigate the business environment, accounting information quality, and decision-making efficiency of Small and Medium-sized Enterprises (SMEs) in Khon Kaen Province, as well as the impact of business environment on accounting information quality and decision-making efficiency, and to compare the effects of duration in operating time, number of employees, registered capital, and business model on the business environment, accounting information quality, and decision-making efficiency of these SMEs. The research instrument consisted of 208 questionnaires. The sample consisted of accounting executive of SMEs in Khon Kaen Province using stratified sampling. The data was analyzed using multiple regression analysis. The research found as follows: 1) The Accounting executives considered that overall business environment, accounting information quality, and decision-making efficiency of SMEs were at a high level. 2) The business environment significantly has a positive relationship on accounting information quality and decision-making efficiency at a 0.5. level, which mean that prioritizing appropriate business environment management affects the quality of accounting information and leads to executives' decision-making efficiency. 3) The SMEs have different durations of running businesses; the accounting executives consider business environment, accounting information quality, and decision-making efficiency overall to be different SMEs with different business registered capital have different views on the overall business environment, and SMEs with different business models have different opinions on quality of accounting information at a statistically significant level of 0.5.
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