Similar cautions apply to studies that have adopted a process approach. In his study of strategy process, Dent [1990, p. 21] warned, we should be cautious and selective in our use of strategic theory to inform accounting research." There is variety in the form and nature of strategic processes within organizations and. "different characterizations of strategy"and strategic processes have been proposed by strategy researchers" [Bhimani and Langfield- Smith, 2007, 3-4].