Sign up & Download
Sign in

Performance management: A framework for management control systems research

by D Otley
Management Accounting Eesearch ()

Abstract

This paper proposes a framework for analysing the operation of management control systems structured around five central issues. These issues relate to objectives, strategies and plans for their attainment, target-setting, incentive and reward struc- tures and information feedback loops. Their central focus is on the management of organizational performance. Because the framework has been inductively developed, its application is ‘tested’ against three major systems of organizational control, namely budgeting, economic value added and the balanced scorecard. In each case, neglected areas of development are exposed and fruitful topics for research identified. It is believed that the framework can usefully be developed further by its use in analysing other instances of management control systems practice, and that case- based, longitudinal studies provide the best route to this end.

Cite this document (BETA)

Readership Statistics

1 Reader on Mendeley
by Discipline
 
by Academic Status
 
100% Student (Postgraduate)

Sign up today - FREE

Mendeley saves you time finding and organizing research. Learn more

  • All your research in one place
  • Add and import papers easily
  • Access it anywhere, anytime

Start using Mendeley in seconds!

Already have an account? Sign in