Authors:
- A promising concept for the design of future MCS
Part of the book series: FOM-Edition Research (FOMER)
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Table of contents (9 chapters)
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Front Matter
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Back Matter
About this book
The design of Management Control Systems (MCS) in the context of financial institutions should be reconsidered with regards to their ability to improve organizational justice perceptions. Promoting organizational justice can help banks to build significantly more trust and influence employees’ behaviors in the best interest of the organization. Especially the design of Beyond Budgeting as a MCS that emphasizes social control mechanisms and facilitates autonomous working appears to be a promising concept for the design of future MCS in the context of financial institutions.
Keywords
- Management Control System
- MCS Design
- MCS Side Effects
- Organizational Justice Perceptions
- Organizational Trust
- Theory Y based Management in Banks
- Beyond Budgeting
- Social Control Mechanisms
- Alternative for Hierarchical Control
- Work Autonomy
- Motivation of Employees
- PLS Path ModellingUnethical BehaviorFuture of Cooperative Banks
- New Behavioral Control
Authors and Affiliations
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Business Development, Visa Europe, Frankfurt am Main, Germany
Sven Olaf Schmitz
About the author
Dr. Sven Olaf Schmitz has more than ten years of banking experience with a focus on digital transformation. In his current position he supports banks in developing new digital propositions and identify new collaboration areas. Sven Olaf’s research projects aim to explore the potentials of Beyond Budgeting for managing banks in the 21st century.
Bibliographic Information
Book Title: The Future of Management Control is Fair
Book Subtitle: A New Perspective on Beyond Budgeting as Promoter of Trust and Ethical Behavior
Authors: Sven Olaf Schmitz
Series Title: FOM-Edition Research
DOI: https://doi.org/10.1007/978-3-658-31232-9
Publisher: Springer Gabler Wiesbaden
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2020
Softcover ISBN: 978-3-658-31231-2Published: 14 August 2020
eBook ISBN: 978-3-658-31232-9Published: 13 August 2020
Series ISSN: 2524-7026
Series E-ISSN: 2524-7034
Edition Number: 1
Number of Pages: XXII, 391
Topics: Management, Industrial and Organizational Psychology, Business Ethics