While contingency research has highlighted the importance of achieving a match between strategy and an organisation's management control system (MCS), much of the literature to date has concentrated on cross-sectional analysis. This has resulted in a static representation of the relationship,...

This paper examines the interrelationship between management control system (MCS) mechanisms and strategy. The traditional view is that the MCS is shaped by organisational strategy. More contemporary viewpoints, however, suggest that there may be a two-way relationship between the two variables....