This paper studies the role of conservative accounting standards in alleviating rational yet dysfunctional unobservable earnings manipulation. We show that when accounting numbers serve both the valuation role (in which potential investors use accounting reports to assess a firm's expected...

This paper studies a periodic-review pricing and inventory control problem for a retailer, which faces stochastic price-sensitive demand, under quite general modeling assumptions. Any unsatisfied demand is lost, and any leftover inventory at the end of the finite selling horizon has a salvage...

In this inaugural address I take a bird's eye view on the recent developments in the disciplines of management accounting and management control during the past two decades. Three stages are distinguished and clarified: the accounting stage, operational excellence and, finally, the customer...

This paper discusses the application of a triangulated research design in studying the cost efficiency of central administrative service (CAS) departments in UK universities. The methodology is of particular interest, as it is a dual-method, mixed paradigm study involving two separate teams of...

In this paper, I extend the organizational design literature by examining how the delegation choice is affected by the ability to resolve the incentive problem caused by this delegation. Based on the seminal papers by Grossman and Hart (1986) and Holmstrom and Milgrom (1994), I argue that the...

In participative budgeting settings, less informed superiors elicit information from privately informed subordinates. In these situations, subordinates' honesty preferences should substantially enhance the efficiency of the budgeting process. In fact, recent research on budgeting suggests that...

Empirical research provides scant evidence that just-in-time (JIT) adopters outperform their non-adopting industry peers. Using a sample of 201 JIT adopters and matched non-adopters, we examine the relation between financial performance and JIT. Our sample-wide results indicate that JIT adopters...

Through the medium of a case study, discussions with management accounting practitioners, and a review of the relevant literature, the authors examine the role of activity based costing (ABC) in a logistics management environment. Drawing upon literature from the areas of management accounting,...

Over research years there has been an increase in global competition, particularly within manufacturing. Many firms faced with increased competition from foreign firms have sought to enhance their competitiveness by employing total quality management (TQM). An important concern in the...

This empirical study examines the relationship between managerial perceptions of elements of the performance measurement, evaluation and reward system (PMERS) and motivation. An extended version of the traditional expectancy-valence (E-V) model is developed to conceptualise the process of...