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Enterprise governance and value-based management: a theoretical contingency framework

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  • Adel Elgharbawy

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  • Magdy Abdel-Kader

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    Abstract

    In an attempt to provide a better understanding of the tension between conformance and performance in the governance context, this study develops a conceptual model for enterprise governance (EG) from the contingency theory perspective. The study argues that the value-based management (VBM) approach can achieve the objectives of EG, keeping the right balance between conformance and performance. Therefore, the study investigates the implications of fit between four contingency factors and VBM on organisational performance using corporate governance (CG) mechanisms and corporate entrepreneurship as mediating factors. The study contributes to the literature by linking a performance management system, i.e. VBM, to the EG framework aiming to bridge the gap between management accounting, CG, and entrepreneurship disciplines. Copyright Springer Science+Business Media, LLC. 2013

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    File URL: http://hdl.handle.net/10.1007/s10997-012-9220-y
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    Bibliographic Info

    Article provided by Springer in its journal Journal of Management & Governance.

    Volume (Year): 17 (2013)
    Issue (Month): 1 (February)
    Pages: 99-129

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    Handle: RePEc:kap:jmgtgv:v:17:y:2013:i:1:p:99-129

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    Web page: http://www.springerlink.com/link.asp?id=102940

    Related research

    Keywords: Value-based management; Enterprise governance; Corporate governance; Corporate entrepreneurship; Contingency theory;

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