On the interface between strategy and management accounting : four essays

dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorKolehmainen, Katja
dc.contributor.departmentLaskentatoimen laitosfi
dc.contributor.schoolKauppakorkeakoulufi
dc.contributor.schoolSchool of Businessen
dc.contributor.supervisorMalmi, Teemu, professor
dc.date.accessioned2013-11-26T13:24:40Z
dc.date.available2013-11-26T13:24:40Z
dc.date.defence2012-04-20
dc.date.issued2012
dc.description.abstractThis dissertation focuses on four management practices that lie on the interface between strategy and management accounting. These include management practices related to strategic investment decisions (SIDs), the use of management control systems (MCS) in the strategy formation process, and the use of strategic performance measurement systems (SPMS) and values-based control systems for aligning organisational members’ behaviour with an organisation’s objectives. All four essays included in the dissertation adopt a case study approach. Depending on the particular theoretical objectives of the essays, their more specific case study designs range from a hypothesis testing-oriented multiple case study design, to an inductive, theory discovery-oriented single case study design. The primary objective of this dissertation is to contribute to the SID, SPMS, MCS and valuesbased control literatures by addressing the research gaps specified in the study. These more focused contributions include, inter alia, proposing a new corporate typology that is developed specifically to explain differences in SID making practices (Essay 1); extending Simons’ (1990) process model of the relationship between strategy and MCS and presenting further clarification to the concept of interactive control system (Essay 2); empirically demonstrating that building and using dynamic SPMSs may require companies to use a combination of management practices that differ considerably from those prevalent for more stable SPMSs (Essay 3); and proposing a new, broader conceptualisation of values-based control that acknowledges that organisational members can engage in desirable values-related behaviour by not only relying on their intrinsic motivation, but also by relying on their perceptions of the benefits related to assuming such behaviour (Essay 4). While making more focused contributions to these literatures, this study also provides a basis for making general observations about the strategic role of management accounting in contemporary settings. All four essays included in this dissertation provide evidence that the inclusion of qualitative and subjective elements in management accounting could strengthen its strategic role – i.e. help make it more relevant to strategic decision-making and control. The introduction of qualitative and subjective elements can, first of all, facilitate the inclusion of not easily quantifiable factors such as synergies in the analyses of strategic investments. It can also facilitate that subjective, experience-based managerial insights can be drawn upon when making strategic investments or formulating strategies. The inclusion of such elements can also facilitate extending the formal evaluation and incentivisation of organisational members’ behaviour to include strategically critical elements - such as organizational members’ tendency to exhibit desirable values-related behaviours - that would simply not be measurable through purely quantitative means.en
dc.dissid445
dc.format.extent262 s.
dc.format.mimetypeapplication/pdfen
dc.identifier.bibid608746
dc.identifier.isbn978-952-60-4564-1
dc.identifier.issn1799-4934
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/11557
dc.identifier.urnURN:ISBN:978-952-60-4564-1
dc.language.isoenen
dc.opnBisbe, Josep, professor, Universitat Ramon Llull, Spain
dc.programme.majorLaskentatoimifi
dc.programme.majorAccountingen
dc.publisherAalto Universityen
dc.publisherAalto-yliopistofi
dc.relation.ispartofseriesAalto University publication series. DOCTORAL DISSERTATIONSfi
dc.relation.ispartofseries36/2012fi
dc.subject.heleconlaskentatoimi
dc.subject.heleconjohdon laskentatoimi
dc.subject.heleconstrategia
dc.subject.heleconaccounting
dc.subject.heleconmanagerial accounting
dc.subject.heleconstrategy
dc.titleOn the interface between strategy and management accounting : four essaysen
dc.typeG5 Artikkeliväitöskirjafi
dc.type.dcmitypetexten
dc.type.ontasotVäitöskirja (artikkeli)fi
dc.type.ontasotDoctoral dissertation (article-based)en
local.aalto.digiauthask
local.aalto.digifolderAalto_66656
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