Management control systems and corporate governance: a theoretical review / Palka Chhillar and Pradip Banerjee

• Main Authors: Chhillar, Palka, Banerjee, Pradip
• Format: Article
• Language: English
• Published: Penerbit UiTM (UiTM Press) 2015
• Subjects: Corporate organization. Corporate governance
• Online Access: https://ir.uitm.edu.my/id/eprint/16110/1/16110.pdf; https://ir.uitm.edu.my/id/eprint/16110/; https://apmaj.uitm.edu.my/index.php/archive

This study presents a systematic review of research on the relationships between various management control system (MCS) components as a package with corporate governance and on their impact on organizational performance. The motivation for the study originates from the past studies who suggested a dearth of research on the configuration and inter-linkages among all components of MCS package: cultural control, planning, cybernetic control, reward and compensation, and administrative control. A thematic approach is followed to conduct a systematic literature review. The review builds upon existing literature and contributes toward identifying research gaps, which may contribute to the existing body of knowledge through theory building and empirical testing.