Management control effectiveness and strategy: An empirical analysis of packages and systems
| Autor: | Teemu Malmi, Mikko Sandelin, David S. Bedford |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Organizational Behavior and Human Resource Management
Information Systems and Management Process management Sociology and Political Science Computer science media_common.quotation_subject Control (management) Fuzzy set Strategy Context (language use) Complementarity Fuzzy set qualitative comparative analysis Accounting 0502 economics and business Operations management Isolation (database systems) Packages Set (psychology) ta512 media_common Qualitative comparative analysis 05 social sciences Systems 050201 accounting Management control Interdependence 050203 business & management Management control system |
| Popis: | © 2016 Elsevier Ltd. This study examines management control (MC) combinations that are effective in different strategic contexts through two related approaches - MC as a package and MC as a system. First, this study identifies how a set of MC practices combine (i.e. MC packages) to achieve effective control outcomes for firms operating in defender and prospector strategic contexts by applying fuzzy set qualitative comparative analysis (fsQCA). Using data from a survey of top managers the analysis reveals that there are multiple ways by which firms can effectively combine MC practices in a given strategic context. Furthermore, the analysis shows that not all MC practices found to be relevant in isolation are relevant when examined simultaneously as a package. Second, based on a comparison of effective MC packages this study examines interdependencies between MC practices (i.e. MC systems). Results show that in defender firms a diagnostic control use of accounting and mechanistic structural controls act as complements, while mechanistic structural controls and measure diversity act as substitutes. In prospector firms an interactive control use of accounting and organic structural controls are found to have complementary effects. These results indicate that the effectiveness of accounting control and structural control choices are determined not only by their fit with strategic context but also by how they fit with each other. This study also demonstrates how an understanding of MC packages can provide guidance for theory development and empirical analysis of MC systems. |
| Databáze: | OpenAIRE |
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