"We develop a model of internal governance where the self-serving actions of top management are limited by the … value, even with little or no external governance by investors. Internal governance works best when both top management and …

While the role of management accountants has traditionally been limited to the provision of useful information to … decision-makers, recent studies show that contemporary management accountants have become an integral part of strategic … are relatively strongly involved in strategic management processes, although the level of participation varies intensely …