Management Control and Uncertainty

David Otley and Kim Soin

Chapter 1 in Management Control and Uncertainty, 2014, pp 1-13 from Palgrave Macmillan

Abstract: Abstract Management control is about the process of steering organizations through the environments in which they ope rate, to achieve both short- term and longer-term goals. These goals will differ from organization to organization because their stakeholders are different and the compromises between different stakeholder demands will be resolved in different ways, in part dependent on the relative power of different stakeholder groups in each context, and also on the past history and trajectory of the organization. However, the longer-term goals will almost inevitably include the survival of the enterprise itself, as this generally is in the interests of most stakeholder groups, most of the time.

Keywords: Risk Management; Corporate Governance; Management Control; Management Control System; Risk Management Process (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (9)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39212-1_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137392121

DOI: 10.1057/9781137392121_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().