Factors that facilitate and motivate the adoption and implementation of activity based costing in Greek companies
Thomas Kitsantas
University of Macedonia, Thessaloniki Greece
th.kitsantas@uom.edu.gr
Athanasios Vazakidis
University of Macedonia, Thessaloniki Greece
vasak@uom.edu.gr
Constantinos J. Stefanou
International Hellenic University, Thessaloniki Greece
stefanou@acc.teithe.gr
Abstract
This study aims to assess ABC adoption in Greek companies and explore factors that facilitate and motivate its adoption and implementation. A survey via web-based questionnaires was conducted. The paper examined several organizational, environmental, technical, technological and behavioral, factors that were assessed in relation to ABC-adopters, firms that have implemented ABC, ABC-under consideration, firms that consider adopting ABC, and non-ABC users, firms that do not intend to adopt ABC. The study contributed to the current understanding of how contingency factors could reform the successful adoption of ABC in Greece. It filled a gap in the literature and reduced the ambiguity concerning the current state of ABC adoption and implementation in Greek firms, regarding all major sectors of the economy. It underscores the importance of adopting/utilizing the ABC regarding business processes and association with organization performance and confirmed results of existing studies.
Keywords: activity based costing; business process; organizational performance