Beschreibung
The alteration of the business environment has heightened the role of
management accounting and control systems (MACS). Not only the design of
MACS has gained increased relevance but also the ways in which MACS are
used.
Based upon empirical data from 69 German manufacturing companies of
different industries testing the developed research model, the evidence
reinforces the knowledge concerning budgets and their use and essentially
bridges the gap in understanding the relationship between budgeting and
strategy by revealing the positive effects formal MACS perform.
This Book is important reading for graduate students of business
administration and executives with focus on budgeting management accounting and
strategic management.
