Literature Review and Synthesis of Management Control Systems: in the Context of the Public Sector

Abstract

The push for corporatisation and privatisation to make government enterprises more efficient and effective falls under the ideology of new public management (NPM) (Hood, 1995). However, government entities also need to focus on measuring the impacts of their activities on society. Their activities may come at a high cost financially, but if not provided could in the long run be more costly to society in terms of standard and quality of life. This paper explores the literature and synthesises use of Management Control Systems in the context of corporatised government owned entities.