RESEARCHING THE ROLE AND DEVELEOPMENT PERSPECTIVE OF A CONTROLLER AS A BUSINESS PARTNER OF MANAGEMENT

Davor Labaš and Marina Rajsman
Additional contact information
Davor Labaš: Faculty of Economics and Business, University of Zagreb
Marina Rajsman: Faculty of Economics and Business, University of Zagreb

Ekonomski pregled, 2020, vol. 71, issue 3, 239-270

Abstract: Megatrends such as increasing business complexity and volatility, internationalization and greater demand for transparency, have caused changes in management expectations of controller’s roles. A significant number of existing studies had emphasized the changes towards a more proactive role of a controller as an equal business partner in managerial strategic decision-making process. The stated trend was intensified by the development of digitalization and IT solutions, which will enable additional value, and unburden controllers from routine tasks. Such development should accordingly create a new role for controllers. So far, the use of a new controller’s role in business practice is inadequately researched, along with the implications of consequences for controllers, which should simultaneously cooperate with and correct the management. This paper explores the development perspective of a controller as a business partner. Accordingly, empirical research of controller’s roles was conducted in Croatian based firms, with an aim to discover which roles controllers predominantly take on, and whether they are moving in the direction of a more proactive future roles.

Keywords: business partner; new roles of controllers; redefining the controllers; roles development of digitalization and IT solutions (search for similar items in EconPapers)
JEL-codes: M00 M21 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.32910/ep.71.3.3 (text/html)

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:hde:epregl:v:71:y:2020:i:3:p:239-270

Ordering information: This journal article can be ordered from
Ekonomski pregled, Hrvatsko društvo ekonomista, Heinzelova 4a, 10000 Zagreb, Croatia
http://www.hde.hr/pregled_en.aspx

Access Statistics for this article

Ekonomski pregled is currently edited by Josip Tica

More articles in Ekonomski pregled from Hrvatsko društvo ekonomista (Croatian Society of Economists) Contact information at EDIRC.
Bibliographic data for series maintained by Josip Tica ().