TY - JOUR PY - 2020 SN - 2239-4397 T1 - Costing to support strategies for product development. An empirical study of large international companies JO - MANAGEMENT CONTROL DA - 3/15/2020 12:00:00 AM DO - 10.3280/MACO2020-001-S1008 UR - http://www.francoangeli.it/Riviste/Scheda_rivista.aspx?idArticolo=65973 AU - Cescon, Franco AU - Garlatti, Andrea SP - 127 EP - 149 IS - Suppl. 1 VL - LA - EN AB - The purpose of this study is mainly to investigate the use of Target Costing (TC) and Life Cycle Costing (LCC) to support New Product Development (NPD) strate-gies in large international companies. Another purpose is to determine how com-panies apply the TC concept and why this strategic costing technique is adopted to support NPD strategies. The study involves interviews in 7 organizations based in Europe and the United States and operating in Italy. It appears that TC, together with value engineering (VE) activities, is used in all 7 organizations in supporting NPD strategies, while only 2 organizations tend to use LCC. The contributions of this study to the accounting literature pertain to its research content and design. In particular, the paper offers new evidence for the debate concerning the relevance of strategic costing techniques, such as TC and LLC, in supporting NPD as a cen-tral dimension of the corporate strategies of the companies. PB - FrancoAngeli ER -