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Original research
THE ROLE OF STRATEGIC MANAGEMENT ACCOUNTING IN DRIVING COMPETITIVE ADVANTAGE IN INDUSTRIAL ENTERPRISESPages 73-80
Abstract
This study explores the role of Strategic Management Accounting (SMA) in driving competitive advantage among industrial enterprises. Using a mixed-method research design, the authors collected data from 60 accounting and management professionals across five industrial firms, complemented by qualitative interviews with senior managers. The analysis examined the relationship between key SMA practices (strategic cost management, competitor analysis, environmental costing, and innovation agility) and competitive advantage indicators (e.g., profitability, efficiency, and market growth). Statistical results revealed a strong positive correlation (R² = 0.67, p < 0.01) between SMA adoption and firm performance, confirming that enterprises integrating SMA achieve superior cost control, innovation capability, and sustainability outcomes. The findings further highlight the influence of digital transformation and environmental management accounting on strategic decision-making and long-term competitiveness. Overall, the research concludes that SMA functions as a strategic tool that links financial intelligence with corporate strategy, enabling industrial enterprises to enhance profitability, adaptability, and sustainable growth in dynamic market environments.
Keywords: Strategic management accounting, Competitive advantage, Industrial enterprises, Strategic cost management, Competitor analysis, Environmental costing, Digital transformation, Sustainability, Innovation, Performance measurement.
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Nodira B. Abdusalomova, 
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