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Vom Nutzen (un-)informierter Agenten: Eine informationsökonomische Betrachtung des Controllings

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  • Ulf Schiller

    (Eberhard-Karls-Universität Tübingen)

Abstract

Summary This paper introduces a central task of management accounting, namely, information management (IM). IM serves as a link between the firm’s information and decision systems. It decides which information should be made available to a decentralized decision unit and which not. Hence, situations of asymmetric information arise or are removed. This has indirect efficiency effects. Poorly informed managers risk to acquire lossmaking projects, while well informed managers try to use their informational advantage to build up perquisites. The coordinating central task is to trade off the two inefficiencies.

Suggested Citation

  • Ulf Schiller, 2001. "Vom Nutzen (un-)informierter Agenten: Eine informationsökonomische Betrachtung des Controllings," Schmalenbach Journal of Business Research, Springer, vol. 53(1), pages 3-19, February.
    • Handle: RePEc:spr:sjobre:v:53:y:2001:i:1:d:10.1007_bf03372639
    DOI: 10.1007/BF03372639
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting

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