Firm Performance: Understanding Interaction Effects of Management Accounting and Psychological Ownership
The adoption of management accounting systems is an important step in the development of a start-up. We investigate how this adoption is linked to the performance of start-ups and which influence psychological ownership has on the performance. We find that the adoption of management accounting systems is positively related to the performance of start-ups. Further, we find that the effect of psychological ownership on the performance of start-ups is positive as well. Moreover, we investigate the interaction effect between these two forces. Our findings offer important contributions to management accounting, psychological ownership and entrepreneurship literature.