The Role of Accounting Information Systems in Supporting Decision-Making in Libyan Free Zones under Globalisation as a Theory of Economic Development
DOI:
https://doi.org/10.58987/dujhss.v4i8.272Keywords:
Globalization, Accounting Information Systems, Free Zones, Economic DevelopmentAbstract
Purpose- This paper examines the role of Accounting Information Systems (AIS) in supporting decision-making processes within free zones in developing economies, with particular reference to Libya, through the lens of globalisation theory as a framework for economic development.
Design/methodology/approach- Adopting a conceptual and analytical approach, the study explores how global economic integration, technological diffusion, and institutional convergence influence the adoption and effectiveness of AIS in free zone environments.
Findings- The paper argues that accounting research has largely relied on theories developed in liberal market economies, with limited attention devoted to the specific institutional and socio-economic contexts of developing countries. By focusing on Libyan free zones, this study contributes to addressing this gap and extends the application of globalisation theory to accounting information systems research. The analysis highlights the potential of AIS to enhance transparency, efficiency, and decision-making quality, thereby improving the competitiveness of free zones and facilitating their integration into the global economy.
Research Limitation/implications- However, the study identifies several structural and institutional challenges that constrain the effective implementation of AIS in Libyan free zones, including inadequate technological infrastructure, limited human capital, outdated legislative frameworks, and the absence of coherent digital transformation strategies.
Originality/value- The paper concludes that strengthening accounting information systems represents a critical prerequisite for improving decision-making processes and supporting Libya’s broader development objective of economic diversification and sustainable integration into the global economic system.
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