Interplay of control in a contemporary organization

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Journal ISSN
Volume Title
School of Economics | Master's thesis
Date
2009
Major/Subject
Accounting
Laskentatoimi
Mcode
Degree programme
Language
fi
Pages
82
Series
Abstract
Interplay of control in a contemporary organization Objectives Purpose of research is to identify interplaying control in contemporary organization and provide new understanding in management control and their applications in organizations. This research is conducted in R&D organization and provides a description of formal and informal control mechanisms that are interfacing. This study concentrates particularly on the interplay of budgetary control and organizational culture. References This research refers to management control literature supported with academics related financial planning, organizational science and sociology. Theory is supported with evidence from case organization. Empirical evidence is gathered from R&D organization. Methodology This research has contingency-based approach to management control research. The research design is based on Alvesson & Kärreman (2007) framework of research work on mystery creation and solving. The empirical evidence is gathered with semi-structured theme interviews. Empirical evidence is employed though the theoretical model presented in literature review. Results This research presents a case study on interplaying controls. Results indicate how different ways of control can be interfacing and illustrate how formal control can be embedded to informal control. This study describes how financial planning can be part of organizational culture and presents the mechanisms how this is employed in practice. This study also contributes on discussion related to controllership in professional organizations.
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Keywords
Management control, professional organization, financial planning, organizational culture
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