Strategy, Strategic Management Accounting and Performance in the Companies Listed in Tehran Stock Exchange

The relationship between strategy, management accounting based control systems and performance has commanded significant attention in the accounting and management research domains. The main purpose of this study is to appraise whether strategic management accounting’s alignment with strategy can improve performance. Also, this study examines the impact of strategic management accounting and strategy on the performance. For processing and testing hypotheses, regression and clustering methods are used. The final sample used for this study consists of 41 companies listed in Tehran stock exchange. Also, data were collected using a questionnaire. Results showed that apply prospector strategy and costing techniques (a bunch of strategic management accounting techniques) improve the performance. Also, the findings reveal that strategic management accounting’s alignment with strategy improve the performance.