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Management control systems package e turnaround: un caso aziendale
Titolo Rivista: MANAGEMENT CONTROL 
Autori/Curatori: Cristiana Cattaneo, Sara Sonzogni 
Anno di pubblicazione:  2021 Fascicolo: 1  Lingua: Italiano 
Numero pagine:  24 P. 151-174 Dimensione file:  443 KB
DOI:  10.3280/MACO2021-001008
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In turbulent times, firms frequently face situations of decline or crisis. The literature on turnaround has undertaken in-dept investigation into many strategic aspects of this issue, such as cost efficiency, asset retrenchment, the focusing on core activities, the building for the future, reinvigoration the leadership, and cultural change (Schoenberg et al., 2013). However, the literature has paid limited attention to the relationship between turnaround strategies and management control systems (MCSs). Such studies mainly focus on the relationship between specific tools and various turnaround phases, mostly providing a time-related view. The following two aspects are neglected: 1) the role of MCSs from a dynamic viewpoint that considers content strategies and process ones. 2) Whether MCSs’ organizational and cultural dimension can strengthen the turnaround culture. We undertake a case study of a small business facing a decline in its performance and having no formal management control systems when starting its turnaround. We use Malmi and Brown’s (2008) framework to interpret the results by considering various MCSs as a package. We find that the introduction of different MCSs and their dynamic shaping during the turnaround were key factors that not only supported the content, but also the process strategies. Moreover, in the case study, administrative and cultural control systems were essential for building and maintaining a turnaround culture. Our findings support MCSs’ relevance during a turnaround and clarify that MCSs should be considered a package since they have a dynamic perspective and emphasize the role of cultural and administrative controls
Keywords: Turnaround process, management control systems package, case study, culture.

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Cristiana Cattaneo, Sara Sonzogni, in "MANAGEMENT CONTROL" 1/2021, pp. 151-174, DOI:10.3280/MACO2021-001008

   

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