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0273655965
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Management Control Systems

Performance Measurement, Evaluation, and Incentives

by Kenneth A. Merchant ; Wim A. Van Der Stede


ISBN: 0273655965
ISBN-13: 9780273655961
Format: Paperback

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Bibliographic Details

Publisher: Prentice Hall
Published date: 2003
Size: 7.75 x 9.75 inches
Weight: 3 pounds
Pages: 701

Publisher's Notes

Management control systems (MCSs) is a complex and multidimensional subject, which is comprehensively and clearly addressed by this new book. It assumes a basic level of knowledge of management accounting, but it is suitable for upper level undergraduates who have taken a prior management accounting course, as well as for postgraduates and practising professionals.

Features and benefits

  • Combination of an extensive set of case studies, text and real-life examples creates a balanced picture of the concepts, theories and issues surrounding the subject and equips students with the requisite skills to apply them to specific decision-making situations that managers face.
  • Case study selection includes many Harvard Business School cases, as well as a range of original cases covering businesses in Europe, the USA and beyond.
  • Coverage of the latest management control-related tools and techniques, such as EVA™ and Balanced Scorecard.
  • Inclusion of findings of empirical research on the effectiveness of MCS design within different organizational settings provides a solid foundation to the subject.
  • Greater emphasis on management control in the context of strategy and planning offers students the opportunity to develop their analytical skills in this area.
  • Focus on the use and effects of 'financial results controls' which dominate at managerial levels in all but the smallest organizations. It also provides a broad treatment of alternative management controls that puts the financially-oriented controls into the proper perspective.

The authors

Professor Kenneth A. Merchant is the current holder of the Deloitte & Touche LLP Chair of Accountancy at the University of Southern California. He is an experienced teacher, consultant and the author of seven books.

Professor Wim A. Van der Stede is Assistant Professor of management accounting and control at the University of Southern California. He is an experienced author with his publications appearing in several different journals, and he has taught in many different countries.

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1) Management Control Systems : Performance Measurement, Evaluation and Incentives [Rental Textbook] (Qty: 20)
Rental Book
Merchant, Kenneth A.;Van der Stede, Wim A.;

Prentice Hall PTR. Trade Paper. very good. Semester Rental. This book describes the management control problems that need to be addressed in any large firm, as well as the tools that can be used to address these problems. It details the most important situational factors that cause managers to choose one set of controls over another, and the outcomes that can be produced, both positive and negative. It also discusses some key control roles in the firm: controllers, auditors, and audit committees; and some common control-related ethical issues. A large set of diverse case studies illustrate the points and concepts in the book. Utilizing recent world examples and research findings, the following topics are covered comprehensively: management and control; results controls, action, personnel, and cultural controls; control tightness; direct and indirect system costs; design and evaluation of control systems; financial responsibility centers; planning and budgeting systems; financial performance targets; performance-dependent rewards (and punishments); performance measurement issues and their effects; ethical issues; and situational influences on management control systems. A thorough yet understandable resource for management personnel in the corporate world, including controllers, accountants, and auditors. (more information)

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2) Management Control Systems (Qty: 2)
Kenneth A. Merchant,Wim A. Van Der Stede (Paperback, 2003)

BRAND_NEW. t BRAND NEW BOOK ! NO MARKS ! FEEL FREE TO MAKE ANY INQUIRY BEFORE BUYING ! UPS/DHL EXPRESS !!! (more information)

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3) Management Control Systems
Kenneth Merchant, Wim Van der Stede

Paperback. Brand New, Never Used, Perfect Condition. Orders take 5-7 days to process and ship. (more information)

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4) Management Control Systems: Performance Measurement, Evaluation and Incentives (Qty: 5)
Kenneth Merchant; Wim Van der Stede

Prentice Hall, 2003-06-26. Paperback. New. Brand New. In Stock. Order Now. Free upgrade with tracking. Over 600,000 items available. Buy from a trusted Power Seller. (more information)

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