Management Accounting Change and Sustainability: A Conceptual Framework with Institutional Approach

Management accounting experienced many changes in its’ life. There are plenty of researches which focus on the different phases of management accounting and illustrated it with different approaches in different researches. In this regard, the advent of new routines and procedures in management accounting did not explained with old and new institutional economics approaches. Therefore, this research tries to introduce a new approach to fix the flows related to management accounting changes. With focusing on the process of change, institutional entrepreneurship approach helps the management accounting change which are creates by implied sustainable strategy or the advent of environment and social concerns would be examined. Also, with respect to the importance of sustainability, there is a vital need to a conceptual framework which can help management accounting in this regard. The current research introduces this conceptual framework with respect to institutional approach in general and entrepreneurship institutional approach in particular. The research results showed that in individual level, the change process requires interpretation and integration of new routines mainly. In organization level, this subject requires decoding, performing, and new production of these new routines with regard to the institutional level in any organization. To ensure of generality of these routines in field level, a process of making theory and decoding must be followed.