The Extent of Using Lean Accounting Tools and their Impact on the Achievement of a Competitive Advantage in the Jordanian Commercial Banks

Abstract

This study aimed to explore the extent of using lean accounting tools and their impact on the achievement of a competitive advantage in the Jordanian commercial banks. To meet the goals of this study, the researcher designed a questionnaire. The questionnaire forms were passed to Jordanian commercial banks that were listed on Amman stock exchange before the period 31/12/2020. Those banks are thirteen banks. A purposive sample was chosen. It consists from 78 administrators working in Jordanian commercial banks.The researcher found that the extent of using lean accounting tools in those banks is high. It was found that the extent of exerting effort by those banks to achieve a competitive advantage is high. It was found that using lean accounting tools jointly has an impact on achieving a competitive advantage in those banks. In the light of the study’s results, the researcher offered several recommendations. They recommend providing more attention to the extent of using lean accounting tools by the management of those banks. That should be done to benefit from the merits of implementing them and seek achieving a competitive advantage.