Management Accounting Research最新文献

{"title":"Vertical pay disparity, traditional Chinese culture, and employee productivity","authors":"Yu Flora Kuang ,&nbsp;Bo Qin ,&nbsp;Xing Yang","doi":"10.1016/j.mar.2024.100902","DOIUrl":"10.1016/j.mar.2024.100902","url":null,"abstract":"<div><div>We examine how traditional Chinese culture interplays with pay disparity to affect employee productivity. In particular, we leverage an exogenous regulatory reform in Chinese state-owned enterprises (SOEs) to reduce vertical pay disparity (i.e., the difference between executive and average employee pay within a firm). Our results show that in a cultural context characterized by high levels of power distance and masculinity, a sudden reduction in vertical pay disparity is accompanied by a notable decline in employee productivity. Furthermore, the decline in productivity is more pronounced when employees are exposed to greater cultural traditionality. We also show that executive compensation declines after the Reform while employee pay stays unchanged. Importantly, our additional results show that neither managerial efficiency nor the departure of high-performing executives changed significantly after the Reform, and the performance effects of pay disparity are not primarily attributable to economic incentives for SOE executives or employees. Overall, our findings suggest that imposing pay restrictions without taking cultural context into account can have adverse effects on firm performance.</div></div>","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"65 ","pages":"Article 100902"},"PeriodicalIF":4.2,"publicationDate":"2024-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141399558","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Time and the sequential integration of management controls in open innovation between Unilever and its partners: A procedural perspective","authors":"Thomas Toldbod ,&nbsp;Linda Nhu Laursen","doi":"10.1016/j.mar.2024.100901","DOIUrl":"10.1016/j.mar.2024.100901","url":null,"abstract":"<div><div>The purpose of this paper is to examine management control integration through the lens of process theory. Based on a case study of the FOODS project, an open innovation project between Unilever and its partners, we show how the integration of countervailing management controls (known as “dynamic tension” in management control literature) unfolds over time. We argue that Unilever and its partners were able to effectively integrate countervailing controls, even though we do not observe these simultaneously at the same time. The FOODS project demonstrates that shifting between countervailing management controls across the distinct phases of an open innovation process that lasted approximately three-and-a-half years allowed the partners to balance their diverse strategic and operational objectives. In that sense, countervailing management controls were integrated into the open innovation process, but over time, rather than at one moment. Whereas current management control research depicts the separation and integration of countervailing management controls as incompatible contradictions, i.e., either countervailing management controls are separated or integrated, we argue that the seeming contradictions of separation and integration of management controls can actually complement each other. Organizations can separate countervailing management controls to achieve a unidimensional focus within a temporal zone. When we investigate these phases, it becomes clear that a significant amount of time was invested before they were able to resolve the intended control problems. However, because this separation of management controls is limited to temporal zones within the same overall process, countervailing management controls are integrated to shape the overall process over time.</div></div>","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"65 ","pages":"Article 100901"},"PeriodicalIF":4.2,"publicationDate":"2024-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141131983","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Fostering ambidexterity among R&D employees: The dilemma of performance measures and how to overcome it","authors":"Markus Wabnegg","doi":"10.1016/j.mar.2024.100891","DOIUrl":"10.1016/j.mar.2024.100891","url":null,"abstract":"<div><div>To remain competitive in the long run, organizations need to both explore new possibilities and exploit existing competencies in their innovation efforts. The pursuit of such ambidexterity, however, makes the choice of performance measures for evaluating R&amp;D employees particularly challenging. In this paper, I investigate the effort-distorting effects of the most commonly used measures in R&amp;D (patent-based and customer-based measures) and explore ways to overcome them. Building on the dilemma that each measure supports only one crucial innovation behavior (exploration or exploitation) while undermining the other, I suggest that simply combining both measures is not sufficient to promote ambidexterity. Instead, I argue that complementing patent-based and/or customer-based measures with organic controls helps employees recognize and realize synergies between exploration and exploitation, leading them to engage in both. I find support for my hypotheses using survey data from 269 companies in the chemical and pharmaceutical industries.</div></div>","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"65 ","pages":"Article 100891"},"PeriodicalIF":4.2,"publicationDate":"2024-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142697155","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The micro-foundations of corporate purpose: Performance management in dynamic environments","authors":"Cristiano Busco ,&nbsp;Elena Giovannoni ,&nbsp;Angelo Riccaboni ,&nbsp;Mark L. Frigo","doi":"10.1016/j.mar.2024.100890","DOIUrl":"10.1016/j.mar.2024.100890","url":null,"abstract":"<div><p>This paper examines the micro-foundations of ‘corporate purpose’, that is the enduring reason for being of a corporation in relation to society. While the relevance of corporate purpose has been widely recognized, its practical enactment by managers at the operating level remains problematic, particularly in dynamic environments. By relying upon the field study of a leading Italian group in the food industry, and the literature on the micro-foundations of institutions, we explore the role of a performance management system (PMS) in mobilizing corporate purpose in specific practical situations at the management level, while the organization faces the demands coming from the external environment. We show that the PMS can be drawn upon by managers as a set of tools and practices through which purpose is situated at the micro-level into actions, decisions, and material artefacts that come together in a ‘social situation’. Here, the PMS enables managers to recognize a ‘situation’ for enacting different aspects of purpose through interactions, filling it with evolving meanings, while sustaining its connections with global development needs.</p></div>","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"63 ","pages":"Article 100890"},"PeriodicalIF":4.6,"publicationDate":"2024-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S104450052400012X/pdfft?md5=9a39c29314b879214cca4a0bbc756616&pid=1-s2.0-S104450052400012X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140407170","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"From distrust to trust: Balancing between forcing and fostering management control systems in a hostile cross-border post-acquisition integration","authors":"","doi":"10.1016/j.mar.2024.100889","DOIUrl":"10.1016/j.mar.2024.100889","url":null,"abstract":"<div><p>Extant research contends that in a context characterised by distrust, partners do not engage in developing trust in each other, and the use of management control systems creates tensions and increases distrust. This begs the questions of whether and how trust can be promoted and management control exercised in such a context. Thus, this paper examines the interplay between management control systems and (dis)trust in a hostile post-acquisition integration of two global companies. In doing so, this paper provides a detailed analysis of the role of management control systems as well as the underlying motives and the consequences of their use in various integration processes at different organisation levels. Applying the labour–management negotiation strategy theory, this study distinguishes between two modes of implementing management control. First, in the <em>forcing</em> mode, management control systems are used to coerce and monitor employees and instil top-down organisational values in them to promote controllability. Second, in the <em>fostering</em> mode, management control systems are exercised to promote mutual benefits, learning and shared values to support cooperation. The results show that the combined use of forcing and fostering management control systems supports the development of trust in the post-acquisition context characterised by distrust. Forcing control promotes trust by providing stability, creating accountability for cooperative achievements and supporting conflict resolution, whereas fostering control develops trust by facilitating goal sharing, mutual learning and value integration. This study advances the knowledge of management control systems and the relation between (dis)trust and control in the post-acquisition integration context by demonstrating why and how managers balance between forcing and fostering controls and how these control modes, separately and in combination, interact with (dis)trust.</p></div>","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"64 ","pages":"Article 100889"},"PeriodicalIF":4.2,"publicationDate":"2024-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1044500524000118/pdfft?md5=f7d7bd240cd3ab73f52a1d840615f23d&pid=1-s2.0-S1044500524000118-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140090045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Announcement: David Solomons Prize - Supported by CIMA","authors":"Wim A. Van der Stede (Editor-in-Chief)","doi":"10.1016/j.mar.2024.100888","DOIUrl":"10.1016/j.mar.2024.100888","url":null,"abstract":"","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"64 ","pages":"Article 100888"},"PeriodicalIF":4.2,"publicationDate":"2024-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1044500524000106/pdfft?md5=67bc7ea11425ffd83cb799cf48276a43&pid=1-s2.0-S1044500524000106-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141990605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"","authors":"Wim A. Van der Stede","doi":"10.1016/j.mar.2024.100879","DOIUrl":"10.1016/j.mar.2024.100879","url":null,"abstract":"","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"62 ","pages":"Article 100879"},"PeriodicalIF":4.6,"publicationDate":"2024-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139516646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The moral precursor to the modern corporation – a comment on Douglas Stevens: “Revising the theory behind corporate governance and management control - A reflection and roadmap”","authors":"Colin Mayer","doi":"10.1016/j.mar.2023.100878","DOIUrl":"10.1016/j.mar.2023.100878","url":null,"abstract":"","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"63 ","pages":"Article 100878"},"PeriodicalIF":4.6,"publicationDate":"2024-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1044500523000483/pdfft?md5=d800b3410322e75cba04dbc09d08bbd4&pid=1-s2.0-S1044500523000483-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139516549","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Revising the theory behind corporate governance and management control: A reflection and roadmap","authors":"Douglas E. Stevens","doi":"10.1016/j.mar.2023.100877","DOIUrl":"10.1016/j.mar.2023.100877","url":null,"abstract":"<div><p><span>I reflect on attempts to revise the theory behind corporate governance and management control in light of evolving organizational and market realities. First, I discuss the resistance to early attempts by prominent neoclassical economists to revise the theory of the firm. Second, I discuss the outcome of that resistance—an </span>economic theory that is largely unable to describe common governance systems and management controls found in practice as well as new systems and controls aimed at increasing the environmental and social responsibility of the firm. Finally, I describe recent efforts to revise the theory by relaxing the assumption of narrow self-interest, incorporating insights from stakeholder theory, and incorporating important individual and social factors left out of the theory. I conclude by discussing how these revisions provide a roadmap to further revisions in the theory to improve its usefulness to researchers, practitioners, and policymakers.</p></div>","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"63 ","pages":"Article 100877"},"PeriodicalIF":4.6,"publicationDate":"2024-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139410702","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Employee benefits and company performance: Evidence from a high-dimensional machine learning model","authors":"","doi":"10.1016/j.mar.2023.100876","DOIUrl":"10.1016/j.mar.2023.100876","url":null,"abstract":"<div><p>By incorporating novel social media data, we analyze in detail how US companies offer different employee benefits and how they are associated with several company performance measures. Benefits such as 401(k), employee discounts, parking, and vision/dental healthcare are the most commonly provided, while free food -related benefits and family-related benefits are the most scarcely offered. Furthermore, with the aid of efficient machine learning -based models and tools from explainable artificial intelligence, we discover that family-related benefits are often associated with the most satisfied employees and best-performing companies. Our findings indicate that high-growth companies tend to provide a broad array of benefits to their employees. In contrast, highly profitable companies often concentrate on delivering a more limited and specialized set of benefits. We argue that companies offer rare and highly sought benefits to keep and recruit high-performers.</p></div>","PeriodicalId":51429,"journal":{"name":"Management Accounting Research","volume":"64 ","pages":"Article 100876"},"PeriodicalIF":4.2,"publicationDate":"2023-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S104450052300046X/pdfft?md5=d1f167f2f11a1e0ed512ca435723bc7c&pid=1-s2.0-S104450052300046X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139052464","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}