The Future of Management Control is Fair

A New Perspective on Beyond Budgeting as Promoter of Trust and Ethical Behavior

The Future of Management Control is Fair

A New Perspective on Beyond Budgeting as Promoter of Trust and Ethical Behavior

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The design of Management Control Systems (MCS) in the context of financial institutions should be reconsidered with regards to their ability to improve organizational justice perceptions. Promoting organizational justice can help banks to build significantly more trust and influence employees' behaviors in the best interest of the organization. Especially the design of Beyond Budgeting as a MCS that emphasizes social control mechanisms and facilitates autonomous working appears to be a promising concept for the design of future MCS in the context of financial institutions.



Dr. Sven Olaf Schmitz has more than ten years of banking experience with a focus on digital transformation. In his current position he supports banks in developing new digital propositions and identify new collaboration areas. Sven Olaf's research projects aim to explore the potentials of Beyond Budgeting for managing banks in the 21st century.

ISBN 9783658312329
Artikelnummer 9783658312329
Medientyp E-Book - PDF
Copyrightjahr 2020
Verlag Springer Gabler
Umfang 391 Seiten
Sprache Englisch
Kopierschutz Digitales Wasserzeichen