The Future of Management Control is Fair: A New Perspective on Beyond Budgeting as Promoter of Trust and Ethical Behavior

Author:   Sven Olaf Schmitz
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Edition:   1st ed. 2020
ISBN:  

9783658312312


Pages:   391
Publication Date:   14 August 2020
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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The Future of Management Control is Fair: A New Perspective on Beyond Budgeting as Promoter of Trust and Ethical Behavior


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Overview

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 employees’ 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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Author:   Sven Olaf Schmitz
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer Gabler
Edition:   1st ed. 2020
Weight:   0.543kg
ISBN:  

9783658312312


ISBN 10:   3658312319
Pages:   391
Publication Date:   14 August 2020
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

The Impact of MCS on Organizational Justice and Respective Outcomes.- Interrelation between MCS Design, Organizational Justice, Trust and Employees’ Behaviour.- Beyond Budgeting’s Impact on Organizational Justice, Trust and Behaviour.- Implications for the Future Design of MCS in Financial Institutions.

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Author Information

Dr. Sven Olaf Schmitz has more than ten years of banking experience with a focus on digital transformation. In his current position he supports banks in developing new digital propositions and identify new collaboration areas. Sven Olaf’s research projects aim to explore the potentials of Beyond Budgeting for managing banks in the 21st century.

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