Quality of account data affecting the decision-making efficiency of executives in small and medium-sized businesses in the metropolitan area

Abstract

The objective of this research is to study the relationship between the quality of accounting data, knowledge and understanding of accounting information, business organization feature, and the decision-making efficiency of executives in small and medium-sized businesses in the metropolitan area. The demographic group is the management of 351 companies. The data is analyzed using descriptive statistics such as frequency, percentage, mean and standard deviation, and inferential statistics such as pearson’s Correlation Coefficient and multiple Regression. The results showed that the administrators had a high level of knowledge and understanding of accounting information and the quality of accounting data, the characteristics of business organizations, and the overall decision-making efficiency of the executives at a very good level. In the multiple regression analysis between cognitive information, quality of account data, and business organization feature to the efficiency of the executive decision making in general (Y), the regression equation was statistically significant at the level of 0.01