A calculative culture (CC) conveys the way managers use analytical models and numbers for decision-making. We investigate whether this concept holds the potential to become a contextual variable in research on Management Control Systems (MCS) because CC arguably relates to the design and use of...

The global financial crisis has focused attention to the proper identification, analysis and management of key business risks because inadequate risk assessment has been identified as one of the main factors of a failure or financial difficulties of a large number of organizations worldwide....

Our study investigates the relationships between risk management systems (RMS), strategy and organizational performance. The existing research has extensively studied the effect of strategy on organizational performance. There is also a growing body of literature suggesting that RMS positively...