The Impact of management accounting on the corporate governance for Libyan Industrial Companies

الملخص

This study aims to explain the impact of management accounting techniques (MAT) on corporate governance implementation in the Libyan industrial companies (LIC). The study analysed 51 questionnaire of random sample of these companies. The study found that the LIC have internal and external determinants the application of corporate governance, the internal regulation rules for decision-making is more important than other internal determinant. The findings suggest that LIC are still use traditional MAT, budgeting technique is important as cost allocation system. In this regard, the study found that MAT are important and have impact for implementing corporate governance. This paper attempts to highlight the factors affecting the MAT of corporate governance implementation in LIC. Top management support and management accounting training programmes were ranked as extremely importance.