Leadership and Control System Design

Abernethy, Margaret A.; Bouwens, Jan; Lent, Laurence van

doi:10.2139/ssrn.1476788

Cited by 47 publications

(103 citation statements)

References 57 publications

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“…If a priori restrictions are placed on the behaviour of managers, the latter are limited in the actions they can take and are obliged to comply with (audit) procedures that are not at all suited to ever-changing day-to-day situations. Improving managers' skills and competences, on the other hand, leads to empowerment and the acknowledgement of abilities, which in turn creates positive motivation (Abernethy et al, 2010);…”

Section: Proposition N 3: Planning Systems Designed To Monitor Resulmentioning

confidence: 99%

Management by objectives and corporate social responsibility disclosure

Mio

Venturelli

Leopizzi

2015

Accounting, Auditing &Amp; Accountability Journal

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Purpose – The purpose of this paper is to examine the relationship between remuneration for the achievement of objectives and sustainability, and – more specifically – the amount of attention that listed companies in Italy devote to defining, and consequently to communicating externally, sustainability as a criterion in establishing the wage levels of managers and directors. Design/methodology/approach – It was decided to ascertain whether the quality of information regarding sustainability provided in connection with the remuneration policies of listed companies tallies with the general quality of information regarding sustainability provided through companies’ main (obligatory and voluntary) reporting procedures. Findings – The results of this research show that the inconsistency between the information provided in voluntary and obligatory reports (between reports on sustainability and remuneration reports) extends to the levels of information provided in the two types of obligatory report (the reports on remuneration and on management); there is also a discrepancy between the levels of information provided in these reports and the evaluation of that information by an external assessor. Research limitations/implications – One of the limitations of this research is that as the data examined were gleaned from public documents, it is not necessarily an accurate reflection of all the information that firms have at their disposal on questions of sustainability and remuneration policies. The existence of internal documents containing other information, and therefore leading to different results, cannot be ruled out. Originality/value – This study is the first in Italy to examine the question of how limited companies report issues relating to management by objectives-corporate social responsibility. It does this through the introduction of a mixed system for ESG information, which counteracts the subjective limitations of the internal evaluation provided by the research group by adding in the authoritative evaluations of an external assessor.

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Section: Proposition N 3: Planning Systems Designed To Monitor Resulmentioning

confidence: 99%

Management by objectives and corporate social responsibility disclosure

Mio

Venturelli

Leopizzi

2015

Accounting, Auditing &Amp; Accountability Journal

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“…In addition, our people #"$ * ( M ) The study reveals that one of the key factors in the successful transformation in addition to its transformational leadership qualities, is the intentional effective utilization of MAI to achieve its goal. MAI became a powerful tool in transformation when MLGC used it not merely as a reporting tool but also in analyzing, planning and controlling [27]. The investment in a better IT system enabled the use of MAI to be lifted to a higher level.…”

Section: Intellectual Stimulationmentioning

confidence: 99%

Notice of Retraction: The importance of management accounting information in the transformation process of a government-linked company

Hui

Rahman

Juan

2011

2011 International Symposium on Humanities, Science and Engineering Research

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This qualitative study seeks to understand the role of transformational leadership in the process of transforming a GLC and also, to examine the role of M AI in the transforming process, and how its top management team uses M AI to improve its organizational performance. I nterviews conducted with its members reveal how top management plays a pivotal role in bringing about this transformation. A greater and better use of M AI and the implementation of different management accounting techniques result in improved performance.

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“…Hence, prior research on risk management may have overlooked much of the complexity of the cognitive processes associated with risk strategy development and the subsequent adoption of management controls (Hensman and Sadlier-Smith, 2010). This highlights material shortcomings in the leadership, risk assessment, management control (Abernethy et al, 2010) and corporate governance (Lang and Jagtiani, 2010) literature. These gaps prompt a need for empirical examination of organisational activities within that context of risk strategy and control practice (Acharya et al, 2009;An and Bostic, 2009).…”

Section: Introductionmentioning

confidence: 99%

“…Linked to risk strategy, examination is required of the activities and constraints (expressed in terms of management controls) adopted by organisational leaders to mitigate risk (Abernethy et al, 2010). In this context, it may be instructive to explore how decision-making actors develop their understanding of financial risks.…”

Section: Introductionmentioning

confidence: 99%

“…Failures in management control in this context are also under-researched (Abernethy et al, 2010;Tarraf, 2010). Hence, prior research on risk management may have overlooked much of the complexity of the cognitive processes associated with risk strategy development and the subsequent adoption of management controls (Hensman and Sadlier-Smith, 2010).…”

Section: Introductionmentioning

confidence: 99%

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Leadership, governance and the mitigation of risk: a case study

Rooney

Cuganesan

2015

Managerial Auditing Journal

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. AbstractPurpose -The purpose of this study is to examine how managers in financial institutions satisfy themselves of the effectiveness of risk mitigation strategy and management control. It studies the co-opting of accounting tools within a single financial institution case study, examining the recursive and emergent characteristics of risk management practice. Design/methodology/approach -Adopting a field study approach within the strategy-as-practice perspective, the paper provides insights into the role of actor perceptions of risk and accounting as a calculative practice in the adaptive enactment of risk strategy. Findings -Results highlight the interactions between risk management strategy, management controls and actor interests at Lehman Brothers. The actions and reactions of risk management decision-makers such as Executive Committee and Board members are examined to better understand the role of accounting and leadership. Research limitations/implications -Results of this study may not be generalised beyond this single case study. Practical implications -The paper emphasises that concern for the social relations and the performative interests of actors in a risk management network needs to be understood and considered in accounting research. It is argued that the market prices of tradable financial asset will continue to be opaque without these insights. Originality/value -This study explores an under-researched topic in the accounting literature in examining how management controls are affected by and, in turn, affect risk strategising.

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Leadership and Control System Design

Cited by 47 publications

References 57 publications

Management by objectives and corporate social responsibility disclosure

Management by objectives and corporate social responsibility disclosure

Notice of Retraction: The importance of management accounting information in the transformation process of a government-linked company

Leadership, governance and the mitigation of risk: a case study

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