An empirical investigation on the effects of perceptual and non-perceptual measures on career advancement among managers, directors and partners of the top 6 auditing firms in the Philippines

• Main Author: Tanagon, Emil James P.
• Format: text
• Language: English
• Published: Animo Repository 2021
• Subjects: Career development; Accountants; Accounting
• Online Access: https://animorepository.dlsu.edu.ph/etdm_acc/1; https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1001&context=etdm_acc
• Institution: De La Salle University

Advancement in one’s career has become a significant expectation for every career-minded professional. The unquenchable thirst for career advancement has led researchers to extensively analyze the issues related to career advancement including the factors affecting it. Literature, conducted in various contexts, shows interesting and diverged results. From here, the study was drawn to determine the effects of perceptual and non-perceptual measures on career advancement among managers, directors, and partners of the top 6 auditing firms in the Philippines. To understand career advancement, two measures were used in the study, namely: objective measures (total cash compensation and number of levels away from the managing partner) and subjective measure which is perceived career satisfaction. On the other hand, the factors used to explain career advancement include perceptual measures (supervisory support, developmental experience, perceived organization support, role conflict, role ambiguity, procedural justice and distributive justice) and non-perceptual measures (demographic, human capital, organizational and interpersonal factors). With the data collected from 212 accountants, quantitative analyses were conducted using Partial Least Squares-Structural Equation Modelling (PLS-SEM). The results of the study clearly show that career advancement of a professional accountant depends on the actions of both the organization and the individual. The common predictors among the measures of career advancement are role ambiguity and educational attainment.