IDEAS home Printed from https://ideas.repec.org/a/ids/injmfa/v5y2013i1p45-63.html
   My bibliography  Save this article

Management control systems in joint ventures: literature review and description of three cases

Author

Listed:
  • Marcela Porporato

Abstract

This paper explains how management control systems (MCS) can be understood as made up of five distinct subsystems but why only three are relevant for joint ventures (JV). It explores the reasons that have been advanced in the academic literature to support the identification of each MCS component as a coordination mechanism in Barnard's (1938) terms (information versus control). One component, performance measurement, is conceived as a control mechanism; while budgeting/planning and transfer pricing are perceived as information mechanisms. The paper offers a coherent but brief literature review of MCS components as identified in the management accounting literature. This study presents the theory behind three MCS's components and describes them in real companies. The literature review is based mainly on Kaplan (1982), Demski (1994) and Chapman et al. (2007). The study contributes to literature by organising previous and relevant work in the field around three MCS components that are critical in JVs.

Suggested Citation

  • Marcela Porporato, 2013. "Management control systems in joint ventures: literature review and description of three cases," International Journal of Managerial and Financial Accounting, Inderscience Enterprises Ltd, vol. 5(1), pages 45-63.
    • Handle: RePEc:ids:injmfa:v:5:y:2013:i:1:p:45-63
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=52409
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kou, Mingting & Yang, Yuanqi & Chen, Kaihua, 2020. "The impact of external R&D financing on innovation process from a supply-demand perspective," Economic Modelling, Elsevier, vol. 92(C), pages 375-387.
    2. Bhimani, Alnoor & Lopes, Alexsandro & De Aquino, Andre Carlos Busanelli, 2017. "Measurement costs and control in outsourcing relationships," LSE Research Online Documents on Economics 68615, London School of Economics and Political Science, LSE Library.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:injmfa:v:5:y:2013:i:1:p:45-63. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=252 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.