Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems

Mustafa Faza; Nemer Badwan

doi:doi:10.11648/j.jfa.20241202.12

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Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems

Mustafa Faza

, Nemer Badwan^*

Published in Journal of Finance and Accounting (Volume 12, Issue 2)

Received: 20 May 2024 Accepted: 4 June 2024 Published: 19 June 2024

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Abstract

The purpose of this paper is to examine the mediating effect of the rate of quality of accounting information systems on the relationship between big data technology and firms’ financial performance in firms listed on the Palestine Stock Exchange. The researchers conducted an account of the previous studies in this field. The researcher used the deductive approach in studying and analyzing previous studies related to big data by relying on books, periodicals, theses, and accounting standards related to the subject of the research. The researcher applied an inductive approach when conducting the field study and testing the statistical hypotheses related to the study of the relationship between the use of big data technology and firms’ financial performance. The findings show a correlation coefficient of (0.54) and a coefficient of determination of (48%), indicating that big data analytics positively affects the rate of return on assets, and that there is a statistically significant relationship between the advancement of accounting information systems and the enhancement of financial performance in big data technology, as measured by the rate of return on equity and the rate of return on assets, which have correlation rates of (0.53) and (42%), respectively. This relationship is reflected in the data on the existence of a statistically significant relationship between the use of big data technology and the enhancement of financial performance with big data technology. The intention of big data, as well as the absence of fundamental differences between the sample individuals, states that the use of big data technology leads to improved performance through the development of various accounting practices and good inventory management by predicting customer behaviour, thus increasing the competitiveness of competition and improving the reputation of the establishment on social media. This is reflected in the company’s sales and its survival in the market, as well as the development of analytical models and advanced methods of analysis that limit fraud and help control it, which is one of the establishment’s goals at present. This paper contributes to the literature by showing that the use of big data leads to a change in methods of preparing the final accounts, especially the financial position, and displaying them at fair value, which increases investor confidence. The study offers insights into the necessity of holding training courses for accountants concerning technology related to digital transformation and big data analysis for use in developing accounting practices.

Published in	Journal of Finance and Accounting (Volume 12, Issue 2)
DOI	10.11648/j.jfa.20241202.12
Page(s)	34-57
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Big Data Technology, Financial Performance, Accounting Information Systems, Return on Assets, Return on Equity, Palestine Stock Exchange

References

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Faza, M., Badwan, N. (2024). Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems. Journal of Finance and Accounting, 12(2), 34-57. https://doi.org/10.11648/j.jfa.20241202.12

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Faza, M.; Badwan, N. Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems. J. Finance Account. 2024, 12(2), 34-57. doi: 10.11648/j.jfa.20241202.12

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AMA Style

Faza M, Badwan N. Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems. J Finance Account. 2024;12(2):34-57. doi: 10.11648/j.jfa.20241202.12

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@article{10.11648/j.jfa.20241202.12,
  author = {Mustafa Faza and Nemer Badwan},
  title = {Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems
},
  journal = {Journal of Finance and Accounting},
  volume = {12},
  number = {2},
  pages = {34-57},
  doi = {10.11648/j.jfa.20241202.12},
  url = {https://doi.org/10.11648/j.jfa.20241202.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20241202.12},
  abstract = {The purpose of this paper is to examine the mediating effect of the rate of quality of accounting information systems on the relationship between big data technology and firms’ financial performance in firms listed on the Palestine Stock Exchange. The researchers conducted an account of the previous studies in this field. The researcher used the deductive approach in studying and analyzing previous studies related to big data by relying on books, periodicals, theses, and accounting standards related to the subject of the research. The researcher applied an inductive approach when conducting the field study and testing the statistical hypotheses related to the study of the relationship between the use of big data technology and firms’ financial performance. The findings show a correlation coefficient of (0.54) and a coefficient of determination of (48%), indicating that big data analytics positively affects the rate of return on assets, and that there is a statistically significant relationship between the advancement of accounting information systems and the enhancement of financial performance in big data technology, as measured by the rate of return on equity and the rate of return on assets, which have correlation rates of (0.53) and (42%), respectively. This relationship is reflected in the data on the existence of a statistically significant relationship between the use of big data technology and the enhancement of financial performance with big data technology. The intention of big data, as well as the absence of fundamental differences between the sample individuals, states that the use of big data technology leads to improved performance through the development of various accounting practices and good inventory management by predicting customer behaviour, thus increasing the competitiveness of competition and improving the reputation of the establishment on social media. This is reflected in the company’s sales and its survival in the market, as well as the development of analytical models and advanced methods of analysis that limit fraud and help control it, which is one of the establishment’s goals at present. This paper contributes to the literature by showing that the use of big data leads to a change in methods of preparing the final accounts, especially the financial position, and displaying them at fair value, which increases investor confidence. The study offers insights into the necessity of holding training courses for accountants concerning technology related to digital transformation and big data analysis for use in developing accounting practices.
},
 year = {2024}
}

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TY  - JOUR
T1  - Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems

AU  - Mustafa Faza
AU  - Nemer Badwan
Y1  - 2024/06/19
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DO  - 10.11648/j.jfa.20241202.12
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 34
EP  - 57
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20241202.12
AB  - The purpose of this paper is to examine the mediating effect of the rate of quality of accounting information systems on the relationship between big data technology and firms’ financial performance in firms listed on the Palestine Stock Exchange. The researchers conducted an account of the previous studies in this field. The researcher used the deductive approach in studying and analyzing previous studies related to big data by relying on books, periodicals, theses, and accounting standards related to the subject of the research. The researcher applied an inductive approach when conducting the field study and testing the statistical hypotheses related to the study of the relationship between the use of big data technology and firms’ financial performance. The findings show a correlation coefficient of (0.54) and a coefficient of determination of (48%), indicating that big data analytics positively affects the rate of return on assets, and that there is a statistically significant relationship between the advancement of accounting information systems and the enhancement of financial performance in big data technology, as measured by the rate of return on equity and the rate of return on assets, which have correlation rates of (0.53) and (42%), respectively. This relationship is reflected in the data on the existence of a statistically significant relationship between the use of big data technology and the enhancement of financial performance with big data technology. The intention of big data, as well as the absence of fundamental differences between the sample individuals, states that the use of big data technology leads to improved performance through the development of various accounting practices and good inventory management by predicting customer behaviour, thus increasing the competitiveness of competition and improving the reputation of the establishment on social media. This is reflected in the company’s sales and its survival in the market, as well as the development of analytical models and advanced methods of analysis that limit fraud and help control it, which is one of the establishment’s goals at present. This paper contributes to the literature by showing that the use of big data leads to a change in methods of preparing the final accounts, especially the financial position, and displaying them at fair value, which increases investor confidence. The study offers insights into the necessity of holding training courses for accountants concerning technology related to digital transformation and big data analysis for use in developing accounting practices.

VL  - 12
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Author Information

Mustafa Faza

Department of Accounting, Higher Institute of Accountancy and Enterprise Management, Manouba University, Manouba, Tunisia

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http://orcid.org/0009-0009-5459-2631
Nemer Badwan

Computerized Finance and Banking Sciences Department, Faculty of Business and Economics, Palestine Technical University-Kadoorie (PTUK), Tulkarm, State of Palestine

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http://orcid.org/0000-0001-8913-7326

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Faza, M., Badwan, N. (2024). Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems. Journal of Finance and Accounting, 12(2), 34-57. https://doi.org/10.11648/j.jfa.20241202.12

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Faza, M.; Badwan, N. Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems. J. Finance Account. 2024, 12(2), 34-57. doi: 10.11648/j.jfa.20241202.12

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AMA Style

Faza M, Badwan N. Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems. J Finance Account. 2024;12(2):34-57. doi: 10.11648/j.jfa.20241202.12

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@article{10.11648/j.jfa.20241202.12,
  author = {Mustafa Faza and Nemer Badwan},
  title = {Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems
},
  journal = {Journal of Finance and Accounting},
  volume = {12},
  number = {2},
  pages = {34-57},
  doi = {10.11648/j.jfa.20241202.12},
  url = {https://doi.org/10.11648/j.jfa.20241202.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20241202.12},
  abstract = {The purpose of this paper is to examine the mediating effect of the rate of quality of accounting information systems on the relationship between big data technology and firms’ financial performance in firms listed on the Palestine Stock Exchange. The researchers conducted an account of the previous studies in this field. The researcher used the deductive approach in studying and analyzing previous studies related to big data by relying on books, periodicals, theses, and accounting standards related to the subject of the research. The researcher applied an inductive approach when conducting the field study and testing the statistical hypotheses related to the study of the relationship between the use of big data technology and firms’ financial performance. The findings show a correlation coefficient of (0.54) and a coefficient of determination of (48%), indicating that big data analytics positively affects the rate of return on assets, and that there is a statistically significant relationship between the advancement of accounting information systems and the enhancement of financial performance in big data technology, as measured by the rate of return on equity and the rate of return on assets, which have correlation rates of (0.53) and (42%), respectively. This relationship is reflected in the data on the existence of a statistically significant relationship between the use of big data technology and the enhancement of financial performance with big data technology. The intention of big data, as well as the absence of fundamental differences between the sample individuals, states that the use of big data technology leads to improved performance through the development of various accounting practices and good inventory management by predicting customer behaviour, thus increasing the competitiveness of competition and improving the reputation of the establishment on social media. This is reflected in the company’s sales and its survival in the market, as well as the development of analytical models and advanced methods of analysis that limit fraud and help control it, which is one of the establishment’s goals at present. This paper contributes to the literature by showing that the use of big data leads to a change in methods of preparing the final accounts, especially the financial position, and displaying them at fair value, which increases investor confidence. The study offers insights into the necessity of holding training courses for accountants concerning technology related to digital transformation and big data analysis for use in developing accounting practices.
},
 year = {2024}
}

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TY  - JOUR
T1  - Big Data Technology and Financial Performance of Listed Firms in Palestine: Mediating Role of Accounting Information Systems

AU  - Mustafa Faza
AU  - Nemer Badwan
Y1  - 2024/06/19
PY  - 2024
N1  - https://doi.org/10.11648/j.jfa.20241202.12
DO  - 10.11648/j.jfa.20241202.12
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 34
EP  - 57
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20241202.12
AB  - The purpose of this paper is to examine the mediating effect of the rate of quality of accounting information systems on the relationship between big data technology and firms’ financial performance in firms listed on the Palestine Stock Exchange. The researchers conducted an account of the previous studies in this field. The researcher used the deductive approach in studying and analyzing previous studies related to big data by relying on books, periodicals, theses, and accounting standards related to the subject of the research. The researcher applied an inductive approach when conducting the field study and testing the statistical hypotheses related to the study of the relationship between the use of big data technology and firms’ financial performance. The findings show a correlation coefficient of (0.54) and a coefficient of determination of (48%), indicating that big data analytics positively affects the rate of return on assets, and that there is a statistically significant relationship between the advancement of accounting information systems and the enhancement of financial performance in big data technology, as measured by the rate of return on equity and the rate of return on assets, which have correlation rates of (0.53) and (42%), respectively. This relationship is reflected in the data on the existence of a statistically significant relationship between the use of big data technology and the enhancement of financial performance with big data technology. The intention of big data, as well as the absence of fundamental differences between the sample individuals, states that the use of big data technology leads to improved performance through the development of various accounting practices and good inventory management by predicting customer behaviour, thus increasing the competitiveness of competition and improving the reputation of the establishment on social media. This is reflected in the company’s sales and its survival in the market, as well as the development of analytical models and advanced methods of analysis that limit fraud and help control it, which is one of the establishment’s goals at present. This paper contributes to the literature by showing that the use of big data leads to a change in methods of preparing the final accounts, especially the financial position, and displaying them at fair value, which increases investor confidence. The study offers insights into the necessity of holding training courses for accountants concerning technology related to digital transformation and big data analysis for use in developing accounting practices.

VL  - 12
IS  - 2
ER  -

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