Although East Asian jurisdictions such as Taiwan have been adopting similar models of Anglo-American independent directors and audit committees in recent years, we can find that common issues are failure of internal controls, in general, and dysfunctional internal information-sharing mechanisms,...

This paper reviews 26 articles dealing with the relationship between management control systems or practices and product innovation. The reviews are classified into three categorizations. These are (a) the types of management control, (b) the design and use mode of management control and (c) the...

The purpose of the study is to identify what can go so wrong from the time managers decide to make an important acquisition to the time they actually liquidate their assets. When managers decide to invest in a certain project, they can normally justify its plus-value (financial and/or...

This study investigates the role of environmental management control systems as mechanisms to translate environmental strategy into environmental managerial performance. While prior research focuses primarily on environmental performance at the organizational level, this study specifically...

For quite a while, in the second half of the 20th Century, Albania was considered the possibly most radical communist country, even beyond Mao's China, and was an isolated country in Europe. Then, after the fall of the Berlin wall, it evolved towards some form of western capitalism, which is...

Organizations often rely on management control systems to stimulate individual creativity and organizational innovation. However, organizations face a serious problem using formal controls to stimulate creativity because extrinsic motivation (motivation induced by external rewards, such as...

Research on management control systems has recognized that multiple management controls operate together in business practices. Also, some frameworks that combine various management controls together have been developed to capture business practices. However, research dealing with a combination...