Adoption of Business Analytics and Impact on Financial Reporting Quality in Jordanian Banks

Financial institutions adoption of Business Analytics (BA) has been the forefront of many studies dedicated to Accounting Information Systems (AIS). Owing to its invaluable business values, BA solution adoption is increasingly documented among banking institutions but regardless of this new trend, studies focused on understanding the determinants of BA adoption among banks in developing nations, particularly Jordan, have been scarce. Hence, the present study attempts to minimize the literature gap by identifying BA adoption determinants using the Technological, Organizational and Environmental (TOE) framework. Accordingly, 141 respondents were distributed the questionnaire copies in 13 banks and based on the analysis findings, the determinants of BA adoption included cost saving, top management support and competitive pressure. The findings also showed that adopting BA can enhance financial reporting quality. The proposed framework can be used by banks to guide their promotion of facilitation of major BA adoption drivers. Key words: Business Analytics (BA); Accounting Information Systems (AIS); Organizational and Environmental (TOE) framework; Jorda