The economic value paradigm of information in management accounting using structural equation modeling

This study was conducted with the aim of the paradigm of economic value of information in management accounting in knowledge-based businesses using a combination of qualitative (content analysis) and quantitative (SEM) methodologies in AMOS environment. The conceptual model of the research includes components such as "determining the economic value of information", "management accounting evaluation" and "accounting information system".the sample size is equal to 300 academic experts with a combination of two methods of non-probabilistic targeted sampling (judgmental) and snowball sampling. The results are that, the factor loads between "economic value of representation and display of information for the organization (A2)" and "determining the economic value of information" equal to 77 percent (very significant relationship), between "economic value of retrieval and transfer of information for the organization (A4) "and" Determining the economic value of information "equal to 92 percent (quite significant relationship), is calculated. "Optimal decision making to improve organizational flexibility (B1)" has the greatest impact on management accounting evaluation. Because their correlation coefficient is calculated equal to 86 percent and "organization cost reduction (C1)" has the greatest effect on the accounting information system because their correlation coefficient is calculated equal to 90 percent. the correlation based on path analysis between "Determining the economic value of information" and "Management accounting evaluation" based on confirmatory factor analysis loads equal to 0.566 and between "determining the economic value of information" and "Accounting information system" equal to 0.521 and between "Management Accounting Evaluation" and "Accounting Information System" is calculated equal to 0.936.