Budgeting process has been largely criticized in the recent accounting literature. The responsiveness of budgets to fast-moving environments is now questioned. The purpose of this paper is to address this issue by suggesting that companies use rolling forecasts as an interactive and flexible...

Purpose – This study attempts to explore further the relation between performance information and trust as the main control levers in inter-firm transactional relationships. Design/methodology/approach – After discussing the interaction between information and trust from different...

Management accounting and control systems play a relevant role in the creative side of the innovation process. However, the traditional paradigm of this research field focused on optimizing efficiencies in the organization if it runs into problems when confronted with creativity. To progress on...

Over the last decades, the accounting and control literature has featured much studying of and debate about the role and designing of incentives. Over the last year or so, the debate over incentives and bonuses has become a much more public one, as illustrated by the current public furor over...

Purpose – The purpose of this study is to examine the importance of balanced scorecard (BSC) in Swedish emergency hospitals, that is, to describe its prevalence and its use in these hospitals. Methodology/approach – The study is based on a questionnaire administered to financial managers in...

Purpose – This paper aims to explain through a statistical model the link between innovation and performance. The data taken into consideration is from Unicredit Group survey for the period 2004–2006 on Italian manufacturing firms. Methodology – We consider a broad concept of innovation:...