Coase (1937) first explained the existence of firms and the boundaries between them as an emergent solution to minimizing the costs of accessing markets -- what Williamson (1975) later termed ‘transaction costs.' Over time, innovations in management control and changes to legal structures have...

We examine the portfolio of management controls to mitigate alliance risks of three firms' in order to analyze the suitability of three management control frameworks as descriptors of controls used in interfirm alliances: Simons (1995), Merchant and Van der Stede (2007), and Jensen and Meckling...

In this chapter, we review the use of TCE in the study of interfirm relationships. An extensive literature in economics and business strategy delves into interfirm governance choices. In our review, we focus on accounting and non-accounting studies to assess how TCE has contributed and can...

In this paper, we examine the role of budgets, as a central instrument within the management control system, in a creative context. In particular we investigate whether Simons' (199'8 1991, 1995) claim that stimulating creativity requires an interactive use of management controls, holds when...

Public-private partnerships (PPPs) have become increasingly common. However, reported failure rates are high, underlining the challenge to effectively govern such relationships. The purpose of this paper is to empirically investigate the management control structure for different types of PPPs...

In this paper, we examine the role of budgets, as a central instrument within the management control system, in a creative context. In particular we investigate whether Simons' (1990, 1991, 1995) claim that stimulating creativity requires an interactive use of management controls, holds when...

In today's environment, communicating what your products and services are worth to customers' business has never been more important. Customers increasingly look at purchasing as a way to increase profits and to reduce costs. To persuade customers to focus on the total costs rather than simply...

This study investigates the effects of different types of reward on the performances of two types of creativity. We challenge the assumption that creativity is a unitary concept that cannot be differentiated. Specifically, we distinguish creativity into expected creativity (for open,...

We examine whether knowledge sharing can enhance the efficacy of implicit, trust-based incentives. Using a stark laboratory experiment, we find support for theory suggesting that individuals believe that their knowledge is an important part of their identity, making it costly to share, but...

As part of their regulatory strategy, authorities may request firms to periodically submit mandatory self-assessments. The effectiveness of such strategies depends on the quality of the information that firms provide. We conduct a field experiment to assess how official communications reflecting...