A path to enriched organizational learning via post-completion auditing in R&D investments: A constructive study

dc.contributorAalto Universityen
dc.contributorAalto-yliopistofi
dc.contributor.advisorHuikku, Jari
dc.contributor.authorHeikkilä, Lauri
dc.contributor.departmentLaskentatoimen laitosfi
dc.contributor.schoolKauppakorkeakoulufi
dc.contributor.schoolSchool of Businessen
dc.date.accessioned2024-02-18T17:05:31Z
dc.date.available2024-02-18T17:05:31Z
dc.date.issued2024
dc.description.abstractResearch & development (R&D) investments are often complex and risky projects having a significant effect on company’s financial success. Post-completion audit (PCA) is defined as quantitative and qualitative comparison of actual, ex post cash flows and figures with the forecasted ex ante figures and estimations of the capital budgeting project. Even though PCA has been widely recognized correlating positively with companies’ success, it has gained less attention in academic research in comparison with other phases of capital budgeting process. This thesis aims to create a construct for PCA-system to enhance organizational learning (OL) in publicly listed Finnish high-technology manufacturing company that has high emphasis on R&D investments. Empirical material for the thesis were acquired from seven semi-structured interviews as well as by utilizing company’s internal material to supplement the interview data. The construct was created by utilizing the constructive research method by Kasanen et al. (1993). The main contribution of this thesis is the construct that was created for the case-company to steer and adjust its PCA process into a more OL-conducive direction, and to improve current situation considering R&D project estimates in company. Secondary contribution of this thesis arises from its R&D context which has been previously neglected as an investment type in PCA literature. However, due to characteristics of case company, the findings of this thesis may have only a limited applicability for other companies.en
dc.format.extent108 + 4
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/126809
dc.identifier.urnURN:NBN:fi:aalto-202402182460
dc.language.isoenen
dc.locationP1 Ifi
dc.programmeAccountingen
dc.subject.keywordpost-completion auditen
dc.subject.keywordresearch & developmenten
dc.subject.keywordnew product developmenten
dc.subject.keywordcapital budgetingen
dc.subject.keywordorganizational learningen
dc.subject.keywordconstructive research approachen
dc.titleA path to enriched organizational learning via post-completion auditing in R&D investments: A constructive studyen
dc.titleJälkiarvioinnin avulla kohti parempaa organisatorista oppimista tuotekehitysinvestoinneissa: konstruktiivinen tutkimusfi
dc.typeG2 Pro gradu, diplomityöfi
dc.type.ontasotMaster's thesisen
dc.type.ontasotMaisterin opinnäytefi
local.aalto.electroniconlyyes
local.aalto.openaccessyes
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