Evolution of Activity Based Costing (ABC) - A Bibliometric Analysis


  • Sanjana Nee Mikki PhD Research Scholar, Faculty of Management Studies, University of Delhi, University Enclave, New Delhi – 110007
  • Sunil Sharma Professor, Faculty of Management Studies, University of Delhi, University Enclave, New Delhi – 110007




Activity Based Costing, Bibliometric Analysis, Decision Making<p>JEL classification, D24, M40, M41</p>


Activity Based Costing is an advanced accounting technique that is widely discussed among cost controllers and managers. Through this study, an attempt has been made to identify the recent trends in its evolution and to see further research prospects by doing analysis of the numerous national and international published researches in the related domain. By applying bibliographic analysis technique, output extracted from the Scopus database is analyzed using bibliometrix package in R-software. The results present a structured view of trends in scientific studies on Activity Based Costing in different countries, contribution of pioneer authors and major sectors/industries to which most of the researches catered to. The analysis is carried out using three field plot, most trending topics, a word cloud, arriving at a conceptual structure using co-occurrence map and finally drawing a thematic map. As an application, study may well be a guiding tool for the researchers working in similar area. They can get insights as to what sector to consider for performing further investigations such as case studies or quantitative analysis and to see the effect of applying Activity Based Costing on some particular thematic factors.


Kim YW, Ballard G. Activity-based costing and its application to lean construction developing a methodology to apply activity-based costing to construction context view project sustainable construction view project. Available from: https://www.researchgate.net/publication/228891200

Cooper R, Kaplan RS. Profit priorities from Activity-Based Costing.

Aldeen Al-Khadash H, Nassar M, Al-Khadash H, Nassar M. The implementation of activity-based costing and the financial performance of the Jordanian industrial shareholding companies. Afro-Asian J. Finance and Accounting. 2010; 2. https://doi.org/10.1504/AAJFA.2010.037282

Abdullahi SR, Sulaimon BA, Mukhtar IS, Musa MH. Cost-volume-profit analysis as a management tool for decision making in small business enterprise within Bayero University, Kano. IOSR Journal of Business and Management. 2017 Feb; 19(02):40-5. https://doi.org/10.9790/487X-1902014045

Kocakulah MC. The use of activity based costing in calculating mortgage loan servicing expenses. Available from: https://www.researchgate.net/publication/268177815

Tu Tran U, Thi Tran H. Factors of application of activity-based costing method: Evidence from a transitional country. Asia Pacific Management Review. 2022. https://doi.org/10.1016/j.apmrv.2022.01.002

Quesado P, Silva R. Activity-Based Costing (ABC) and its implication for open innovation. Journal of Open Innovation: Technology, Market, and Complexity. 2021 Jan 1; 7(1):1-20. https://doi.org/10.3390/joitmc7010041

Hossain A. Activity-Based Costing (ABC) - An effective tool for better management Health Information Systems (HIS) and E-health: Bangladesh Perspective View project. Research Journal of Finance and Accounting. 2015. Available from: https://www.researchgate.net/publication/309398925

Cokins G. Why is traditional accounting failing quality managers? Activity-Based Costing is the solution a problem with cost accounting; 1994.

Anand M, Sahay BS, Saha S. Activity-based cost management practices in India: An empirical Study.

Cooper R, Kaplan RS. Activity-based systems: Measuring the costs of resource usage.

Shields MD. A behavioral model for implementing cost management systems. Journal of Cost Management. 1989. Available from: https://www.researchgate.net/publication/285329978

Wang X, Xu Z, Škare M. A bibliometric analysis of Economic Research-EkonomskaIstraživanja (2007-2019). Economic Research-EkonomskaIstrazivanja. 2020 Jan 1; 33(1):865-86.


Ingale KK, Paluri RA. Financial literacy and financial behaviour: A bibliometric analysis. Review of Behavioral Finance. Emerald Group Holdings Ltd; 2020. https://doi.org/10.1108/RBF-06-2020-0141

della Corte V, del Gaudio G, Sepe F, Luongo S. Destination resilience and innovation for advanced sustainable tourism management: A bibliometric analysis. Sustainability (Switzerland). 2021 Nov 1; 13(22). https://doi.org/10.3390/su132212632

Stefano NM, Filho NC. Activity-based costing in services: Literature bibliometric review. Springer Plus. Springer Open; 2013. p. 1-11. https://doi.org/10.1186/2193-1801-280 PMid:23518506 PMCid:PMC3601252

Sweileh WM. Bibliometric analysis of peer-reviewed literature on climate change and human health with an emphasis on infectious diseases. Globalization and Health. 2020 May 8; 16(1). https://doi.org/10.1186/s12992-020-00576-1 PMid:32384901 PMCid:PMC7206222

Wang X, Xu Z, Škare M. A bibliometric analysis of Economic Research-EkonomskaIstraživanja (2007-2019). Economic Research-EkonomskaIstrazivanja. 2020 Jan 1; 33(1):865-86. https://doi.org/10.1080/1331677X.2020.1737558

Agustina D. The development of performance measurement research over three decades: A bibliometric analysis. Desember. 2021; 17(2):157-67. https://doi.org/10.21107/infestasi.v17i2.11830

Cancino CA, Merigo JM. A bibliometric analysis of innovation research. Available from: https://www.researchgate.net/publication/283116979

Taticchi P, Tonelli F, Cagnazzo L. Performance measurement and management: A literature review and a research agenda. Measuring Business Excellence. 2010. p. 4-18. https://doi.org/10.1108/13683041011027418

Zaman M. The impact of activity based costing on firm performance: The Australian experience. International Review of Business Research Papers; 2009.

Drake AR, Haka SF, Ravenscroft SP. Cost system and incentive structure effects on innovation, efficiency and profitability in teams. Accounting Review. 1999; 74(3):323-45. https://doi.org/10.2308/accr.1999.74.3.323

Cooper R, Kaplan RS. Measure costs right: Make the right decisians.

Snead KC, Johnson WA, Ndede-amadi AA. Expectancy theory as the basis for activity-based costing systems implementation by managers. 2005; 14(05):253-75. https://doi.org/10.1016/S1474-7871(05)14012-X

Cooper R, Kaplan RS, Maisel LS, Morrissey E, Oehm RM. From ABC to ABM. Management Accounting (US); 1992 27. Kannaiah D. Activity Based Costing (ABC): Is it a tool for company to achieve competitive advantage? International Journal of Economics and Finance. 2015 Nov 24; 7(12):275. https://doi.org/10.5539/ijef.v7n12p275

Major Maria HT. Managers divided: Implementing ABC in a Portuguese telecommunications company.

Management Accounting Research. 2005 Jun; 16(2):205-29. https://doi.org/10.1016/j.mar.2005.01.004

Ittner CD, Larcker DF. Assessing empirical research in managerial accounting: A value-based management perspective. Journal of Accounting and Economics. 2001; 32. https://doi.org/10.2139/ssrn.235797

Narayanan VG, Sarkar RG. The impact of activity based costing on managerial decisions at in steel industries-a field study. 1999. https://doi.org/10.2139/ssrn.173530

Niñerola A, Hernández-Lara AB, Sánchez-Rebull MV. Improving healthcare performance through Activity-Based Costing and Time-Driven Activity-Based Costing. International Journal of Health Planning and Management. John Wiley and Sons Ltd; 2021. p. 2079-93. https://doi.org/10.1002/hpm.3304 PMid:34428325

Askarany D, Yazdifar H, Askary S. Supply chain management, activity-based costing and organisational factors. International Journal of Production Economics. 2010 Oct; 127(2):238-48. https://doi.org/10.1016/j.ijpe.2009.08.004

Anderson SW, Hesford JW, Young SM, Jones J. Factors influencing the performance of activity based costing teams: a field study of ABC model development time in the automobile industry. Available from: www.elsevier.com/locate/aos

Malik SA, Sullivan WG. Impact of ABC information on product mix and costing decisions. 1995; 42(2):7-12. https://doi.org/10.1109/17.387268

Mévellec P, Lebas M. Simultaneously managing cost and value: The challenge. Available from: www.pdffactory.com

Cagwin D, Mcqueen RL, Walton SM, Pincus K, Glezen B, Austen L, et al. The association between activity-based costing and improvement in financial performance Marinus J. Bouwman acknowledgements: The authors wish to thank the association between activity-based costing and improvement in financial performance the association; 2000.

Kaynak H, Denton MBA. M8IA, the relationship between just-in-time purchasing and total quality management and their effects on the performance of firms operating in the U; 1996.




How to Cite

Mikki, S. N., & Sharma, S. (2022). Evolution of Activity Based Costing (ABC) - A Bibliometric Analysis. Journal of Business Thought, 13, 57–70. https://doi.org/10.18311/jbt/2022/29878