Document Type
Conference Item
Publication Date
11-1-2009
Abstract
The central theme that undergirds this proposed research stems from the theoretical framework of a management control systems (MCS) operating as a package. Two forms of control will be examined in combination: administrative (corporate governance practices ) and cybernetic (innovative value-based performance measures); under the specific setting of listed companies from the emerging markets; namely Singapore, Malaysia, Indonesia, Philippines and Thailand . The purpose of this research is firstly , to investigate the influence of corporate governance mechanism on management's decision to undertake value-based performance measures. Secondly , it seeks to analyse this effect on firm value. In particular, this research will examine how firm value will be affected under two circumstances: when adhering to certain corporate governance practices and when innovative value-based performance measures are being implemented. This research aims to contribute towards building a more coherent theory of management control systems as a package and to gain new insights as to how corporate governance and management accounting practices unfold differently across different countries, especially in less developed economies.
Event Title
10th Annual Asian Academic Accounting Association Conference
Event Location
Istanbul, Turkey
Event Dates
15-18 Nov 2009
Event Type
conference