INSEAD Library

Includes bibliographical references and index

Digitized

Contents Management Accounting Change Management Accounting Change List of illustrations Preface Acknowledgements xiii xvii xxi 1 Learning management accounting change A starting point: the relevance lost 1 Setting the scene 2 What is management accounting? 4 Why 'change'? 1 0 What has changed in management accounting? 1 1 MACh as a movement from one approach to another 1 2 Perspectives on MACh 1 5 Have you understood the chapter? 2 2 Beyond the chapter 2 2 Further reading 2 3 Part I Mechanistic approaches to management accounting 2 Towards mass production and bureaucracy A starting point: the challenge of a potter 2 7 Setting the scene 2 7 A brief note on method of historical dialectics 3 0 Marxist understanding of production 3 2 Pre-modern modes of production 3 2 Characteristics of craft production 3 4 Crisis of craft production 3 7 Transformation to mass production 3 8 Alternative theoretical explanations for emergence of cost accounting 47 Have you understood the chapter? 5 0 Beyond the chapter 5 0 Further reading 5 0 3 Towards product costing A starting point: costing for economic depression 5 1 Setting the scene 5 1 What is costing? 5 3 Historical developments in costing 5 6 Categories of cost and their meanings 6 0 Cost categorization practices 64 Calculative practices of product costing 66 Contributions to mechanistic approach 7 8 Have you understood the chapter? 7 9 Beyond the chapter 8 0 Further reading 8 0 4 Towards profit planning through budgeting A starting point: corporate budgeting is a joke! 81 Setting the scene 8 1 Origin of budgeting and standard costing 8 4 Link between standard costing and budgeting 91 Profit planning through budgets: procedures and calculations 95 Budgetary configuration of mechanistic organizations 1 1 3 Different approaches to budgeting 1 18 Have you understood the chapter? 1 2 1 Beyond the chapter 121 Further reading 1 2 2 5 Towards management control through budgeting A starting point: management control in a students' surgery 123 Setting the scene 1 2 4 On the notion of control 125 Management control 1 2 6 What do we do with these frameworks? 132 Budgetary control: techniques and procedures 133 Standard costing - analysis of variances 1 4 0 Sales variances 1 5 2 Legitimated budgets in the mechanistic form 156 Have you understood the chapter? 1 5 7 Beyond the chapter 1 5 8 Further reading 1 5 8 6 Towards economic models of decision-making A starting point: economic men in an economic world 1 5 9 Setting the scene 1 5 9 Neoc/assical economic model of the firm and management accounting 1 6 4 Profit maximization in the long run: economics of capital budgeting 1 9 0 Economic modelling of the firm 200 The other perspective: accounting as the meta-theory of economics? 203 Have you understood the chapter? 203 Beyond the chapter 204 Further reading 204 Part I1 Post-mechanistic approaches to management accounting 7 Towards customer orientation and flexible manufacturing A starting point: encountering Japanese 207 Setting the scene 207 Post-mechanistic change - understanding the complexity and totality 21 0 Changing context: from local t o global 213 Changing organizational intents: from financial to strategic 216 From mass to flexible manufacturing 218 Summing up: post-mechanistic organizations and management accounting 232 Have you understood the chapter? 236 Beyond the chapter 236 Further reading 23 7 8 Towards strategic management accounting A starting point: accounting's challenge in the new world 238 Setting the scene 239 What is S MA? 242 Directions in S M A 250 Accounting for corporate strategy 250 Business-level strategies: accounting for competitive market positioning 261 Performance measurement systems: from conventional to strategic 266 The BSC as an integvative/strategic PMS 271 Critical views of the BSC 274 Have you understood the chapter? 279 Beyond the chapter 280 Further reading 280 9 205 2 07 Towards cost management A starting point: the cost of cost cutting 281 Setting the scene 282 Cost management revisited 285 ABC as a powerful programme of cost management 288 Deficiencies and misconceptions of traditional costing 290 What is A BC? 292 Activity-based management 305 ABC implementation: researchers' views 308 Summing up: alignment with the post-mechanistic form 313 Have you understood the chapter? 315 Beyond the chapter 315 Further reading 315 1 0 Towards new management control and governance in new organizations A starting point: governing by relations 316 Setting the scene 316 A typology of organizational transformation 3 1 9 Management control and governance under bureaucracy 320 Crisis in the bureaucratic form of management control and governance 3 2 4 Changes in intra-organizational control and governance 332 Changes in inter-organizational control and governance 337 Summing up 3 4 4 Have you understood the chapter? 3 4 4 Beyond the chapter 3 4 5 Further reading 345 Part I11 Rational perspectives on management accounting change 11 Neoclassical economic theories of management accounting change 347 349 A starting point: market versus hierarchy 3 4 9 Setting the scene 3 5 0 The agency problem 3 5 4 Theory of principal and agent 356 Transaction cost economics 365 TCE and management accounting research 373 Have you understood the chapter? 3 7 9 Beyond the chapter 3 7 9 Further reading 3 8 0 1 2 Towards contingency theory of management accounting A starting point: generalized contingencies 3 8 1 Setting the scene 382 Contingency theory as a perspective 384 Contingency theory: classical studies in organization theory 385 I n management accounting: modelling and reviewing of contingencies 390 A small flood of accounting research 394 Is contingency theory a panacea for accounting research? 3 9 8 Contingency theory revisited 402 Summing up 406 Have you understood the chapter? 406 Beyond the chapter 4 0 7 Further reading 407 Part I V Interpretive and critical perspectives on management accounting change 13 Towards interpretations, institutions and networks in management accounting 409 411 A starting point: a beginning of the end 41 1 Setting the scene 41 1 Functionalism: meaning and problems 41 4 Interpretive sociology 420 Concerning a gap: old institutionalism 427 New institutionalism 432 Actor-network theory 435 Summing up: how do we understand the change? 438 Have you understood the chapter? 440 Beyond the chapter 440 Further reading 440 14 Towards political economy of MACh A starting point: politics of struggles 442 Setting the scene 442 What is critical? 445 Marxist and neo-Marxist perspectives on management accounting 449 Control, resistance and consent: neo- Marxist extensions of labour process and control 460 Gramscian theory of hegemony 468 Have you understood the chapter? 474 Beyond the chapter 474 Further reading 4 74 15 Beyond political economy of M A C h A starting point: the critical divide 475 Setting the scene 475 A critique of the critical 478 What is postmodernism/post-structuralism? 480 The Foucauldian way: emphasizing the disciplinary 483 The Habermasian way: understanding and changing accounting systems 491 Summing up 500 Have you understood the chapter? 500 Beyond the chapter 501 Further reading 501 Notes Bibliography Index