The Future of Management Control is Fair
Download or Read eBook The Future of Management Control is Fair PDF written by Sven Olaf Schmitz and published by Springer Nature. This book was released on 2020-08-13 with total page 407 pages. Available in PDF, EPUB and Kindle.
Author | : Sven Olaf Schmitz |
Publisher | : Springer Nature |
Total Pages | : 407 |
Release | : 2020-08-13 |
ISBN-10 | : 9783658312329 |
ISBN-13 | : 3658312327 |
Rating | : 4/5 (29 Downloads) |
Book Synopsis The Future of Management Control is Fair by : Sven Olaf Schmitz
Book excerpt: The design of Management Control Systems (MCS) in the context of financial institutions should be reconsidered with regards to their ability to improve organizational justice perceptions. Promoting organizational justice can help banks to build significantly more trust and influence employees’ behaviors in the best interest of the organization. Especially the design of Beyond Budgeting as a MCS that emphasizes social control mechanisms and facilitates autonomous working appears to be a promising concept for the design of future MCS in the context of financial institutions.