Moderate Culture, Formal Institutional Environment And Management Accounting Applicatio

With the increasingly complex and changeable global economic environment,enterprises begin to make use of relevant functions of management accounting to properly control internal and external decision-making,so as to comprehensively improve their own competitiveness,adapt to changes in the environment,and finally realize value creation.Therefore,the application of management accounting has become an important research direction.This paper takes China’s A-share listed companies traded in Shanghai and Shenzhen during 2017-2021 as research samples,calculates the degree of influence of the culture of the mean according to the Baidu index of the culture of the mean where the listed companies are located,and at the same time,refers to the research results of Fan Gang et al.--market index to measure the formal institutional environment of the enterprises.This paper also studies the influence of the culture of the mean as an informal system on the application of management accounting and the influence of formal institutional environment such as government intervention on the application of management accounting.Based on the theory of new institutional economics,this paper empirically tests how the mean culture and formal institutional environment influence the application level of management accounting.The results show that: first of all,the culture of the mean has a positive effect on the application level of management accounting in enterprises,that is,the higher the local attention to the culture of the mean,the higher the degree of influence of the enterprise by the culture of the mean,which is conducive to the better adaptation and implementation of the introduced management accounting tools in the enterprise.Secondly,the formal institutional environment is positively correlated with the application level of management accounting,indicating that the more perfect and standardized the formal institutional environment in the location of the enterprise is,the more conducive to the application of management accounting in the enterprise.Finally,the empirical results show that the synergistic effect between the culture of the mean and the formal institutional environment is more conducive to improving the application level of management accounting.As an informal system,the culture of the mean affects the behavior of managers and employees.In order to improve the application level of enterprise management accounting,enterprises should not only attach importance to the attributes of management accounting tools,but also attach importance to the cultural attributes of management accounting,and make full use of the enabling effect of excellent traditional culture on enterprise management accounting.Enterprise managers should embed the idea of the mean culture into the construction of enterprise culture.Through the inheritance of excellent culture,the culture guides and stimulates the conscious behavior of employees,and gives play to the recessive role of Confucian culture to comprehensively improve the efficiency of enterprise management accounting and promote the creation of enterprise value.