Review of Managerial Accounting Literature: Focusing on Empirical Studies in the 2010s and 2020s

This paper synthesizes recent advances in management accounting research, following seminal editorial and review works to highlight the discipline’s evolving scope. Guided by Krishnan’s (2015) call for broad inquiry into decision-making roles and information use within organizations, the study systematically reviews contributions from the 2010s and 2020s. The first part traces the development of established themes, including performance evaluation, compensation schemes, and cost management. The second part explores emerging agendas, such as behavioral research in diverse control environments and employee-centered perspectives, reflecting experimental studies and sustainability-driven industry practices. By integrating empirical findings and selective theoretical perspectives, the review offers a comprehensive overview of recent studies and proposes avenues for further research, emphasizing the ongoing expansion and interdisciplinary nature of managerial accounting scholarship.