Management control practices and benefits: evidence from Italian family and non-family firms

Elisa Truant, Laura Broccardo and Francesca Culasso

World Review of Entrepreneurship, Management and Sustainable Development, 2017, vol. 13, issue 5/6, 612-634

Abstract: The importance of management accounting systems to the running of an organisation is widely recognised, even though these tools are not uniformly adopted by companies, with significant differences seen between small and large enterprises, family and non-family firms. The research was conducted through an empirical analysis of a sample of small and medium-sized Italian family and non-family firms, with the aim of investigating the different types of management control systems implemented. Furthermore, seeking to fill the existing gap in the literature, the paper focuses on the benefits perceived by the users of these systems. The results show that, both in family and non-family firms, a considerable percentage of managers gained significant benefits, especially as regards decision-making processes, business growth, business innovation and performance improvement. The article may have some theoretical implications as it may be considered a development in research studies on management control systems and family business management.

Keywords: management control practices; effective implementation; organisational features; benefits; family firms; non-family firms; NFFs. (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=86318 (text/html)
Access to full text is restricted to subscribers.

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:ids:wremsd:v:13:y:2017:i:5/6:p:612-634

Access Statistics for this article

More articles in World Review of Entrepreneurship, Management and Sustainable Development from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().