The Future of Management Control is - E-book

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The Future Of Management Control Is Fair - ENG

A New Perspective On Beyond Budgeting As Promoter Of Trust And Ethical Behavior

Sven Olaf Schmitz

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Sinopsis

ISBN:	9783658312329
Formato:	Page Fidelity
Idioma:	Inglés
Editorial:	Springer Nature
Tema:	Negocios y economía
Subtema:	Gestión
Año de publicación:	2020-08-13

The design of Management Control Systems (MCS) in the context of financial institutions should be reconsidered with regards to their ability to improve organizational justice perceptions. Promoting organizational justice can help banks to build significantly more trust and influence employeesâ€™ behaviors in the best interest of the organization. Especially the design of Beyond Budgeting as a MCS that emphasizes social control mechanisms and facilitates autonomous working appears to be a promising concept for the design of future MCS in the context of financial institutions.

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