ISBN: 9781332248544 - agency theory and control strategy: a field study (classic reprint) (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book explores the complex relationship between control strategies and task uncertainty within large corporate organizations. Drawing on agency theory, the author develops a framework for understanding how companies design their management control systems to minimize agency costs, the costs associated with aligning the interests of agents (managers) with those of principals (owners). The book examines various aspects of control strategies, including budget reliance, measurement intensity, and reward systems, and how they are tailored to the level of task uncertainty faced by different responsibility centers. Through an empirical study of 415 managers across 13 major U.S. companies, the author tests several hypotheses related to the impact of task uncertainty, risk tolerance, and effort tolerance on control strategies. The findings provide strong support for the hypothesized relationships, suggesting that organizations effectively adapt their control systems to the specific characteristics of their managers and work environments. This book contributes to the field of management accounting and control by providing a theoretically grounded and empirically validated framework for understanding the design of control strategies in organizations. Its insights are valuable for both researchers and practitioners seeking to improve the effectiveness of management control systems and enhance organizational performance. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…