Disruptive Technology and Institutional Sustainability of Professional Accounting Institutes in Nigeria

Description

Institutional sustainability facilitates accounting institutes’ ability to meet the needs of present customers while taking into account the needs of future generations. Institutional sustainability remains a growing field of research in varied organizations in light of the need to achieve and sustain competitive advantage through core competence. However, empirical studies have shown that most organizations especially accounting institutes in developing countries such as Nigeria, have not been able to achieve sustainability with consistent reports of either close-shop and/ or mergers of financial institutions, leading to loss of several investments. The increasing wave of poor institutional sustainability cut across developed, emerging and developing economies, and literature has suggested that disruptive technology may assist in reversing this trend. This study evaluated the effect of disruptive technology on institutional sustainability of professional accounting institutes in Nigeria.