Management Control

Author : Werner Bruggeman,Sophie Hoozée,Regine Slagmulder
Publisher : Unknown
Page : 316 pages
File Size : 41,6 Mb
Release : 2018
Category : Controllership
ISBN : 1780684517

Get Book

Management Control by Werner Bruggeman,Sophie Hoozée,Regine Slagmulder Pdf

Management Control: Concept, Methods and Practices conceptualises management control concepts, methods and practices used by C-level executives and controllers in managing financial and strategic performance. The authors show how financial and strategic performance control processes can be integrated in order to create and improve internal strategic alignment. Alongside traditional controls (such as managing cost centres, profit centres, investment centres, budgeting, and variance reporting) the use of advanced costing systems (such as activity-based costing and time-driven activity-based costing) and the balanced scorecard in planning and executing improvements of financial and strategic performance is discussed. The authors illustrate how controllers can run a control process in which intended strategies, performance measures, performance targets, actions, and budgets are all aligned with each other across all organisational levels (vertical alignment) and between business units and functions (horizontal alignment), and in which financial performance is controlled in relation to strategic performance. The authors promote a holistic approach and highlight the role of human motivation in the design of management control systems. Using insights from the psychology literature on motivation in the workplace, this book argues that management control systems should not only align goals and interests of internal organisational actors, but also enhance their autonomous motivation and well-being in order to achieve sustainable performance. More specifically, the authors draw on self-determination theory to explain managerial behaviour in response to the use of control systems. Through the use of numerous examples from European companies, this book provides materials that can be used in business and management control courses at undergraduate and graduate level, as well as for use in the workplace. It will benefit managers, consultants, financial analysts, controllers, information systems designers, and executive leaders of organizations. [Subject: Business & Management]

Author : Eric G. Flamholtz
Publisher : Springer Science & Business Media
Page : 185 pages
File Size : 44,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461313595

Get Book

Effective Management Control by Eric G. Flamholtz Pdf

Effective Management Control deals with a critical but relatively neglected and misunderstood aspect of organizational effectiveness: the process of controlling the behavior of people in organizations. The issue of organizational control and the design of an optimal control system is essential for the long term effectiveness of an organization: too little control can lead to confusion and chaos; conversely, too great a degree of control can result in the erosion of innovation and entrepreneurship. This monograph presents a conceptual framework for approaching these issues, and examines the role accounting can play in a successful control system. The author works towards an understanding of the nature, role, elements and functioning of organizational control and control systems in organizations. The book posits and discusses the features of a core control system and its component parts, including: planning, measurement and feedback, evaluation and reward sub-systems. It also discusses the ways in which a core control system operates within a larger organizational structure and culture. The theory is illustrated through its application to a particular case study.

Author : A.J. Berry,J. Broadbent,D.T. Otley
Publisher : Routledge
Page : 525 pages
File Size : 43,8 Mb
Release : 2019-05-23
Category : Business & Economics
ISBN : 9780429749315

Get Book

Management Control Theory by A.J. Berry,J. Broadbent,D.T. Otley Pdf

First published in 1998, this volume of readings provides an overview of the development of the study of Management Control theory over the past 35 years. The period encompasses the publication of a major and seminal text by Anthony and Dearden in 1965, which acted as a touchstone in defining the range and scope of management control systems. This laid management control’s foundations in accounting-based mechanisms of control, an element which has been seen as both a strength and a constraint. A good deal of work has followed, providing both a development of the tradition as well as a critique. In this volume we attempt to provide a range of readings which will illustrate the variety of possibilities that are available to researchers, scholars and practitioners in the area. The readings illustrate the view that sees control as goal directed and integrative. They go on to explore the idea of control as adaption, consider its relationship with social structure and survey the effects of the interplay between the organisation and the environment. The essays included are not intended to lead the reader through a well-ordered argument which concludes with a well reasoned view of how management control should be. Instead it seeks to illustrate the many questions which have been posed but not answered and to open up agendas for future research.

Author : M. Association
Publisher : Springer
Page : 442 pages
File Size : 44,7 Mb
Release : 2014-11-25
Category : Business & Economics
ISBN : 9781137392121

Get Book

Management Control and Uncertainty by M. Association Pdf

Management Control and Uncertainty recognizes that all control takes place under conditions of uncertainty: it does now, and it always has done. In this edited collection, the contributing authors examine different aspects of management control systems in the modern world whilst paying more explicit attention to the ubiquitous nature of uncertainty

Author : Robert Newton Anthony,Vijay Govindarajan
Publisher : Irwin/McGraw-Hill
Page : 0 pages
File Size : 49,7 Mb
Release : 2001
Category : Cost control
ISBN : 0072316357

Get Book

Management Control Systems by Robert Newton Anthony,Vijay Govindarajan Pdf

Management Control Systems 10/e builds on strengths from prior editions by offering a rich diversity of cases balanced with current material. The primary market for Management Control Systems is an MBA level elective in control systems. The text may also be appropriate for advanced managerial accounting courses and/or MBA-level cost accounting courses with an emphasis on management control. The text is organized to develop insights and analytical skills related to how managers go about designing, implementing, and using planning and control systems to implement strategies.

Author : Robert Newton Anthony
Publisher : Harvard Business Review Press
Page : 232 pages
File Size : 42,5 Mb
Release : 1988
Category : Business & Economics
ISBN : UCSD:31822004926630

Get Book

The Management Control Function by Robert Newton Anthony Pdf

Author : Fredrik Nilsson,Carl-Johan Petri,Alf Westelius
Publisher : Springer Nature
Page : 148 pages
File Size : 55,8 Mb
Release : 2020-06-30
Category : Business & Economics
ISBN : 9783030386405

Get Book

Strategic Management Control by Fredrik Nilsson,Carl-Johan Petri,Alf Westelius Pdf

Strategic management control differs from traditional management control in several important respects. First, it supports both strategy formulation and strategy implementation. Second, it is to a large extent based on non-financial information. Third, it deals with both the long and short term and supports not only tactical, but also strategic and operational decision-making. Fourth, and perhaps most importantly, strategic management control is designed for, and adapted to, each organisation’s unique strategies. In this context, the book emphasises the importance of dialogues. The authors argue that it is unwise to assume that decisions taken at the top of the organisation will automatically be executed and obeyed throughout the organisation. Instead, they highlight the importance of dialogue and collaboration, both between hierarchical levels within the organisation and between actors in the network. Such communication is essential to making management control processes both strategic and successful. The book follows a clear structure, from the design of strategies to the everyday evaluation and discussion of performance and results. Though primarily intended for professionals working in strategy and management control at organisations, it will also benefit students and academics interested in strategy and management control.

Author : Nils Horch
Publisher : BoD – Books on Demand
Page : 402 pages
File Size : 49,6 Mb
Release : 2009
Category : Electronic
ISBN : 9783899368659

Get Book

Management Control of Global Supply Chains by Nils Horch Pdf

Within global and rapidly changing environments, cooperation and networking offer possibilities for sharing costs and risks, as well as keeping up with constantly renewed information from outside the firms' boundaries. In line with this, an effective management control of supply chain processes seems to be relevant to compete against other supply chains and to get the required information. In this context, an implementation of a management control institution for inter-firm relations, like a supply chain management control (SCMC), that provides relevant qualitative and quantitative data to manage supply chains reflects an important issue. However, a comprehensive approach with regard to the management control of the entire supply chain and how it can be fulfilled has received scant attention in prior research. The aim of this thesis is therefore to analyze management control systems in global supply chains by means of a mixed methods design with special regard to functional, institutional and instrumental issues. In this context, qualitative data are combined with theoretical insights to develop an empirical model which is tested by means of a quantitative study. Following this, insights into management control aspects, organization of the supply chain management control, management control mechanisms, and the integration of suppliers are provided.

Author : Ronald Ogden
Publisher : Routledge
Page : 251 pages
File Size : 46,9 Mb
Release : 2018-04-17
Category : Business & Economics
ISBN : 9781351260633

Get Book

Imaginative Management Control by Ronald Ogden Pdf

Originally published in 1970. Drawing on his knowledge of business methods in Europe, America and Asia, Ronald Ogden examines the necessity for control in a business and the ways in which it should be exercised in order to obtain the most effective and profitable results. He shows that control can be exercised through carefully planned objectives which must, in their turn, be broken down into clearly defined targets. Realistic planning is discussed, and the author considers the effective implementation of plans by means of various techniques such as budgeting, costing, staff control, operational research, and network planning. The study will be of interest not only to managers but also to students of management concerned with modern business techniques and with the functions and responsibilities of management and control.

Author : Ron Travis Sr.
Publisher : AuthorHouse
Page : 486 pages
File Size : 41,8 Mb
Release : 2010-06-17
Category : Reference
ISBN : 9781452009230

Get Book

Synergistic Management Control Systems by Ron Travis Sr. Pdf

The book addresses the subject matter relating to management control systems in great detail. Obviously, volumes would b e required to meet the needs of individuals specializing in a particular area. For example, a transportation manager would need much more information than what is presented in the chapter covering that topic. It contains many principles for success in each area. It has been designed for overall reading and reflection, and also detail study in each area.

Author : David Otley and Kenneth Merchant Clive Emmanuel
Publisher : Springer
Page : 527 pages
File Size : 54,8 Mb
Release : 2013-11-21
Category : Business & Economics
ISBN : 9781489969521

Get Book

Accounting for Management Control by David Otley and Kenneth Merchant Clive Emmanuel Pdf

Author : Peter Göstl
Publisher : Springer Nature
Page : 301 pages
File Size : 44,5 Mb
Release : 2019-10-01
Category : Business & Economics
ISBN : 9783658280918

Get Book

Risk Profile Contingent Analysis of Management Control Systems by Peter Göstl Pdf

This study contributes to an existing and growing body of literature in the field of management accounting and control concerned with implications from increased uncertainty on MCS design and use. It is found that the choice of MCS reflects the firm’s risk profile, and that firms that choose MCS design and use better suited to their risk profile perform better than others. Using data from a survey of 362 Chief Executive Officers, this study yields a model of fit that enables the stimulation of selective improvements and helps to achieve a competitive advantage.

Author : Robert Newton Anthony,Vijay Govindarajan
Publisher : McGraw-Hill Europe
Page : 768 pages
File Size : 51,5 Mb
Release : 2007
Category : Cost control
ISBN : 0071254102

Get Book

Management Control Systems by Robert Newton Anthony,Vijay Govindarajan Pdf

Management Control Systems helps students to develop the insight and analytical skills required of today's managers. Students uncover how real-world managers design, implement, and use planning and control systems to implement business strategies. The 12th edition builds on the strengths of prior editions by offering a rich diversity of cases balanced with current content and research.

Author : Fredrik Nilsson,Anna-Karin Stockenstrand
Publisher : Springer
Page : 138 pages
File Size : 47,6 Mb
Release : 2015-02-20
Category : Business & Economics
ISBN : 9783319137827

Get Book

Financial Accounting and Management Control by Fredrik Nilsson,Anna-Karin Stockenstrand Pdf

This book is about financial accounting and management control and how these two information systems are related as well as how their objectives conflict. At the most fundamental level, the objective of financial accounting is to provide owners and funders with comparable information on a company's value creation. The aim of management control, on the other hand, is to give the board, senior executives and employees unique information for strategy formulation and implementation. One often-mentioned negative effect is the risk of financial accounting affecting management control design and use, making it less relevant for decision-making at the company level. The book provides an analysis of the complex relationship between financial accounting and management control. The analysis is based on theoretical reasoning as well as several examples of how financial accounting standards affect not only the annual report but also the control system. An interesting, and perhaps unexpected conclusion is that management control seems to affect financial accounting almost as much as financial accounting affects management control. These complex relationships, which can influence the design and use of both financial accounting and management control, are discussed in detail in this book.

Author : Katia Corsi,Nicola Giuseppe Castellano,Rita Lamboglia,Daniela Mancini
Publisher : Springer
Page : 347 pages
File Size : 44,8 Mb
Release : 2017-03-21
Category : Computers
ISBN : 9783319495385

Get Book

Reshaping Accounting and Management Control Systems by Katia Corsi,Nicola Giuseppe Castellano,Rita Lamboglia,Daniela Mancini Pdf

This book examines the relationship between digital innovations on the one hand, and accounting and management information systems on the other. In particular it addresses topics including cloud computing, data mining, XBRL, and digital platforms. It presents an analysis of how new technologies can reshape accounting and management information systems, enhancing their information potentialities and their ability to support decision-making processes, as well as several studies that reveal how managerial information needs can affect and reshape the adoption of digital technologies. Focusing on the four major aspects data management, information system architecture, external and internal reporting, the book offers a valuable resource for CIOs, CFOs and more generally for business managers, as well as for researchers and scholars. It is mainly based on a selection of the best papers - original double blind reviewed contributions - presented at the 2015 Annual Conference of the Italian Chapter of the Association for Information Systems (AIS).