Abstract
Open business organizations, where information flows, is shared, and exchanged, are more prepared to adapt and survive chaos, uncertainty, and entropy, so they will be more predisposed to change management. The aim of this study is to analyze research trends at the international level on business information–entropy correlation in the accounting process of organizations. Mathematical and statistical techniques were applied to 980 articles during the period 1974–2020, obtaining results on the scientific productivity of the driving agents of this topic: authors, research institutions, countries/territories, and journals. Five lines of research were identified during the period analyzed, which mainly study information theory, maximum entropy, information entropy, decision-making, and enthalpy. Future research should focus on analyzing the evolution of this topic, which forms new thematic axes related to bitcoin market efficiency, business hierarchy information, business model evaluation systems, catastrophic economic collapse, corporate diversification, CSR reports affecting accounting conservatism, economic income accounting, and information loss. Currently, the research presents an upward trend, which allows a growing interest in the subject to be deduced in the academic and scientific community worldwide.
Highlights
Entropy acts as a physical principle on any system and environment and, among them, the business environment
During the first 27 years (1974–2000) scientific production was insignificant, since only 129 articles (13.16%) were published. These first publications were aimed at cementing the theme, with articles that dealt with accounting aggregation: user preferences and decision making [18], a thermodynamic approach to economics [30], entropy and business communication [74], and diversification strategy, profit performance, and the entropy measure [75], among others
This study analyzed the main trends in global research on business informationentropy correlation in the accounting process of organizations in the period beginning with the publication of the first article on this research topic (1974) until the last full year (2020)
Summary
Entropy acts as a physical principle on any system and environment and, among them, the business environment. The natural tendency within organizations is disorganization, loss of relationships, and increased general chaos that eventually leads to failure [1,2] In this context, a system is the set of entities characterized by certain attributes, which have relationships with each other and are located in a certain environment, according to a certain objective [3], whereas entropy refers to a measure of the amount of restrictions that must exist in a system for a process to take place and determines its direction [4]. In the face of situations of market change and uncertainty, entropy in companies is constant, at the same time it can be an element of evolution since new business objectives arise In this order, entropy allows us to know that there are factors that trigger chaos within companies and the tools to prevent the alteration or loss of information. It allows, by importing more energy from the environment, for knowledge to be learned and unlearned [8,9]
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