Template-type: ReDIF-Article 1.0 Author-Name: Rita Lamboglia Author-Name: Domenica Lavorato Title: I sistemi manageriali e di controllo tra tradizione e innovazione Abstract: This editorial introduces a selection of the contributions presented at the 14th Workshop of the Journal Management Control (University of Teramo, July 4, 2025), which focused on the relationship between management and control systems and innovation processes in contexts characterized by sustainability, digitalization, and increasing environmental complexity. The articles aim to assess whether management and control systems, in their traditional configuration, remain suitable for effectively supporting decision-making processes, while also highlighting the need for their systemic evolution. Building on an analysis of the established literature and the contributions included in this journal?s issue, the editorial develops a set of reflections intended to explore how management and control systems may be reinterpreted and innovated in terms of their operating logic. A key area of innovation concerns the information systems, which are evolving from tools primarily supporting internal decision-making into dynamic infrastructures capable of integrating heterogeneous data sources, partly enabled by artificial intelligence. This transformation fosters greater openness to the external ecosystem and facilitates the inclusion of non-financial metrics, particularly those related to sustainability. At the same time, organizational structures and the role of the controller are changing, with an increasing emphasis on consultative and strategic responsibilities. Control processes are also evolving, becoming more continuous, proactive, and predictive, using advanced analytical and simulation tools. Overall, the contributions outlined in this editorial point towards an advanced, multidimensional, and integrated control model emerges, capable of supporting companies? adaptation in complex and rapidly changing environments. Classification-JEL: Keywords: Note: Pages:5-15 Volume: 2026/1 Year: 2026 Issue:1 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=79818&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2026-001001 Number: 1 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=79818 Template-type: ReDIF-Article 1.0 Author-Name: Edoardo Borlatto Author-Name: Elisa Ballesio Author-Name: Elisa Truant Author-Name: Laura Broccardo Title: Evolving Roles and Strategic Influence of CFOs within Modern Management Control Systems: A Systematic Literature Review Abstract: Management control systems (MCSs) are of paramount importance as they enable managers to achieve organizational objectives, and comprehensively oversee performance. Within the domain of MCSs, the Chief Financial Officer (CFO) assumes a pivotal role, acting as a bridge between decision-makers who rely on MCSs for resource oversight and its traditional responsibilities as both an accountant and the leader of the financial and strategic divisions of the firm. Although there has been quite a scientific debate about the CFO?s role and MCSs in the last decade, the discourse at the intersection of these two research fields is still scarce and fragmented. Therefore, the present manuscript aims to review the current literature on the interplay between MCSs and CFOs, as well as the evolution of their roles. Drawing on a systematic literature review of 53 peer-reviewed articles, retrieved from the Scopus database and assessed through content analysis, this manuscript underscores how modern MCSs have transformed the CFO?s position from a primarily accounting-focused role into that of a strategic partner. Additionally, it emphasizes the CFO?s dual role as both a user and shaper of MCSs, illustrating how the reciprocal influence between these two elements facilitates organizational adaptability to today?s changing environment. Furthermore, the present manuscript provides a theoretical framework and a research agenda that could offer valuable insights to both academics and practitioners. Classification-JEL: Keywords: Note: Pages:17-40 Volume: 2026/1 Year: 2026 Issue:1 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=79819&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2026-001002 Number: 2 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=79819 Template-type: ReDIF-Article 1.0 Author-Name: Diana Ferullo Author-Name: Natalia Aversano Author-Name: Gabriele Bosco Author-Name: Paolo Tartaglia Polcini Title: Public Value Disclosure in Healthcare Organizations? Strategic Planning: Evidence from Italy Abstract: Recent years have seen a growing academic interest in the concept of Public Value (PV), marking a shift from the efficiency-driven New Public Management (NPM) paradigm toward a broader focus on societal outcomes, trust, and legitimacy. Despite this conceptual development, empirical research - especially in the healthcare sector - remains limited. This study addresses this gap by investigating the extent to which Italian Healthcare Organizations (HCOs) disclose PV in their strategic planning documents and which PV dimensions are most emphasized. Drawing on Faulkner and Kaufman?s (2018) PV operational framework and Oliver?s (1991) strategic responses model, a manual content analysis of 45 Local Health Authorities? (LHAs) Integrated Activity and Organization Plans (IAOPs) for the 2025-2027 period was conducted. The findings reveal that, despite well-documented contextual differences between North-Center and South-Islands Italian regions, LHAs exhibit virtually identical PV disclosure patterns. Interpreted through Oliver?s model, this convergence suggests that PV disclosure in strategic planning is primarily driven by institutional isomorphism rather than genuine strategic prioritization. These findings contribute to the PV literature by offering empirical evidence of compliance-driven PV disclosure in an under-researched context, providing a replicable measurement instrument, and advancing understanding of how institutional pressures shape PV disclosure in healthcare. Classification-JEL: Keywords: Note: Pages:41-65 Volume: 2026/1 Year: 2026 Issue:1 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=79820&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2026-001003 Number: 3 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=79820 Template-type: ReDIF-Article 1.0 Author-Name: Michele Rubino Author-Name: Ilaria Mastrorocco Author-Name: Elisa Gerbasi Title: Climate governance e scelte aziendali sostenibili: un?analisi internazionale sugli investimenti green Abstract: This study aims to examine the role of climate governance, understood as a paradigm of corporate governance aimed at achieving environmental sustainability goals, in the design of corporate environmental investment policies. To test this relationship, we conduct a quantitative analysis of a global sample of non-financial companies included in the S&P 1200 Index for the year 2024. The results indicate that companies adopting climate governance have a significantly higher propensity to disclose information concerning their green investments compared to the overall market, confirming the existence of a positive relationship between climate governance and environmental engagement. However, contrary to expectations, the results suggest that the influence of climate governance on environmental investments is stronger in North America than in Europe, underlining the crucial role of the market compared to institutional regulation. These findings have important theoretical and practical implications. From a theoretical perspective, the study contributes to the academic debate, paving the way for future longitudinal and country-specific analyses. From a practical perspective, the results provide valuable insights for corporate decision makers, investors, and policy makers and underline the strategic importance of climate governance for aligning companies with more sustainable development models. Classification-JEL: Keywords: Note: Pages:67-88 Volume: 2026/1 Year: 2026 Issue:1 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=79821&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2026-001004 Number: 4 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=79821 Template-type: ReDIF-Article 1.0 Author-Name: Laura Berardi Author-Name: Maria Lucia Monaco Author-Name: Piero Stanchi Title: La Rendicontazione Non Finanziaria e la Prospettiva Interna nelle Organizzazioni dell?Economia Sociale Abstract: Social economy organizations are central actors in the contemporary socio-economic context, sometimes also acting as intermediaries between the State and civil society. For non-profit organisations, in general, accountability plays a crucial role, especially in the transparent and truthful communication of their activities. This study focuses on how these organisations translate their founding values into daily operating practices, with particular attention to the role of non-financial reporting (social and/or sustainability reporting) as a tool for internal communication and engagement. The objective is to analyze the extent to which these tools contribute to strengthening the sense of belonging and internal involvement, as well as supporting decision-making and control processes. The research is based on a mixed methodological approach that involves a preliminary analysis of 222 social reports of Italian Third Sector Organisations (TSOs) registered in the National Register of the Third Sector (RUNTS), within the Italian regulatory framework, with semi-structured interviews involving representatives of selected organisations. The results highlight the potential and critical issues of social reporting, underlining the need for greater involvement of internal stakeholders and strategic use of the tool to improve transparency, participation, and internal management. Classification-JEL: Keywords: Note: Pages:89-115 Volume: 2026/1 Year: 2026 Issue:1 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=79822&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2026-001005 Number: 5 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=79822 Template-type: ReDIF-Article 1.0 Author-Name: Chiara Xhindole Author-Name: Lara Tarquinio Title: Digitalization and Accountability: Pros and Cons of Sustainability Reporting with Digital Technologies Abstract: Nowadays, digitalization is significantly impacting various sectors, including sustainability accounting and reporting. Several studies have highlighted the benefits of using digital technologies for sustainability reporting purposes, such as artificial intelligence, blockchain technology, cloud computing, and the Internet of Things (IoT). Furthermore, the Corporate Sustainability Reporting Directive (CSRD) underlines the need for companies to use the European Single Electronic Format (ESEF) for their reports to ensure that sustainability information is digitally accessible. While the integration of digitalization and accounting presents numerous benefits, it also comes with certain risks. Therefore, this study conducts a single case study under the lens of the Technology Acceptance Model (TAM), evaluating the pros and cons of using digital technologies for sustainability reporting. An action research approach has been adopted, integrated with questionnaires and interviews with software users and developers. The findings show that using software for sustainability reporting provides several advantages, including legal compliance, enhanced transparency and accountability, and improved data accuracy. However, the risk of standardized and non-customizable reports has to be considered, along with the potential greenwashing. This study contributes to the literature on digital tools in sustainability reporting and offers insights for policymakers seeking to promote investment in software solutions that can effectively support companies in their reporting processes. Classification-JEL: Keywords: Note: Pages:117-142 Volume: 2026/1 Year: 2026 Issue:1 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=79823&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2026-001006 Number: 6 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=79823 Template-type: ReDIF-Article 1.0 Author-Name: Edoardo Crocco Author-Name: Elisa Giacosa Author-Name: Francesca Culasso Title: Digital technology and risk management in rural tourism: Insights from Langhe, Roero and Monferrato Abstract: In an increasingly volatile and uncertain world, rural tourism faces mounting challenges stemming from environmental degradation, market fluctuations, and climate-related risks. These pressures have intensified in the aftermath of the COVID-19 pandemic, which exposed the vulnerability of rural destinations while simultaneously accelerating their digital transformation. This study investigates how rural tourism systems respond to such complexity through the dual lenses of risk management and digital innovation. Focusing on Italy?s UNESCO-listed Langhe, Roero, and Monferrato areas, it explores how local tourism actors, ranging from small entrepreneurs to institutional stakeholders, adapt to global disruptions while safeguarding cultural identity and territorial authenticity. Drawing on qualitative evidence, the research identifies key categories of risks affecting rural tourism and examines how digital tools, such as data analytics, online marketing, and platform-based collaboration, are being used to anticipate, mitigate, and manage them. The study offers both theoretical insights and practical guidance for policymakers and destination managers, contributing to the broader debate on resilience and sustainability in rural development. Ultimately, it highlights how digitalization, when strategically aligned with risk management, can enhance competitiveness, foster innovation, and ensure the long-term sustainability of rural destinations. Classification-JEL: Keywords: Note: Pages:143-166 Volume: 2026/1 Year: 2026 Issue:1 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=79824&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2026-001007 Number: 7 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=79824 Template-type: ReDIF-Article 1.0 Author-Name: Salvatore Loprevite Author-Name: Roberto Mavilla Author-Name: Marco Spadaro Title: The ?Control Paradox? in High-Crime Environments: Empirical Evidence from a Large-Scale Analysis on Italian SMEs Abstract: This study examines a ?control paradox? through the lens of institutionalized agency theory: under severe institutional decay, firms may rationally weaken, rather than strengthen, governance as a strategic adaptation. Using firm-level data on 13,084 Italian SMEs matched with a provincial organized crime index, we run robust regressions linking criminal exposure to a composite measure of the size of SMEs? two key internal boards (Board of Directors and Board of Statutory Auditors). We find that higher organized crime intensity is associated with smaller administrative and control boards, even after accounting for firm and environmental determinants. Our findings contribute to theory by demonstrating the boundary conditions of traditional agency and risk-based governance models, showing how institutional decay systematically reshapes agents? incentives and thereby the role of internal governance as an adaptive, agentic response. Classification-JEL: Keywords: Note: Pages:167-196 Volume: 2026/1 Year: 2026 Issue:1 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=79825&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2026-001008 Number: 8 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=79825