This paper argues that the discipline of management control is likely
to benefit from theories that provide a more cogent and comprehensive
perspective to address the issue of control structure variety, and
examines the potential of Transaction Cost Economics (TCE) to inform
such theories. Based on TCE, this paper proposes a framework that
explicates the link between various archetypical configurations of
control devices and the activities they are expected to control.
In this framework, the nature of the organizational activities and
the required contributions from organizational participants are defined
along three dimensions: (1) the extent of programmability; (2) the
degree of asset specificity; and (3) the intensity of ex post information
impactedness. These attributes are associated with distinctive control
problems that need to be dealt with. The control archetypes differ
in their problem-solving ability, which makes them appropriate for
the governance of some contributions, but not for others. Moreover,
they differ in cost, and the framework explains the alignment of
a contribution with a control archetype by delineating the efficiency
properties of the match.
%0 Journal Article
%1 Spekle:2001:aos
%A Speklé, Roland F.
%D 2001
%J Accounting, Organizations and Society
%K Management control theory thesis
%N 4-5
%P 419--441
%R 10.1016/S0361-3682(00)00041-6
%T Explaining management control structure variety: a transaction cost
economics perspective
%V 26
%X This paper argues that the discipline of management control is likely
to benefit from theories that provide a more cogent and comprehensive
perspective to address the issue of control structure variety, and
examines the potential of Transaction Cost Economics (TCE) to inform
such theories. Based on TCE, this paper proposes a framework that
explicates the link between various archetypical configurations of
control devices and the activities they are expected to control.
In this framework, the nature of the organizational activities and
the required contributions from organizational participants are defined
along three dimensions: (1) the extent of programmability; (2) the
degree of asset specificity; and (3) the intensity of ex post information
impactedness. These attributes are associated with distinctive control
problems that need to be dealt with. The control archetypes differ
in their problem-solving ability, which makes them appropriate for
the governance of some contributions, but not for others. Moreover,
they differ in cost, and the framework explains the alignment of
a contribution with a control archetype by delineating the efficiency
properties of the match.
@article{Spekle:2001:aos,
abstract = {This paper argues that the discipline of management control is likely
to benefit from theories that provide a more cogent and comprehensive
perspective to address the issue of control structure variety, and
examines the potential of Transaction Cost Economics (TCE) to inform
such theories. Based on TCE, this paper proposes a framework that
explicates the link between various archetypical configurations of
control devices and the activities they are expected to control.
In this framework, the nature of the organizational activities and
the required contributions from organizational participants are defined
along three dimensions: (1) the extent of programmability; (2) the
degree of asset specificity; and (3) the intensity of ex post information
impactedness. These attributes are associated with distinctive control
problems that need to be dealt with. The control archetypes differ
in their problem-solving ability, which makes them appropriate for
the governance of some contributions, but not for others. Moreover,
they differ in cost, and the framework explains the alignment of
a contribution with a control archetype by delineating the efficiency
properties of the match.},
added-at = {2017-03-16T11:50:55.000+0100},
author = {Spekl\'e, Roland F.},
biburl = {https://www.bibsonomy.org/bibtex/2f3171461f1a1600b5a4b2e6bc3a28c69/krevelen},
doi = {10.1016/S0361-3682(00)00041-6},
interhash = {3f807df120587ea10987c46ca749b3f7},
intrahash = {f3171461f1a1600b5a4b2e6bc3a28c69},
issn = {0361-3682},
journal = {Accounting, Organizations and Society},
keywords = {Management control theory thesis},
number = {4-5},
owner = {Rick},
pages = {419--441},
timestamp = {2017-03-16T11:54:14.000+0100},
title = {Explaining management control structure variety: a transaction cost
economics perspective},
volume = 26,
year = 2001
}