MANAGEMENT CONTROL FOR START-UP COMPANIES – FRAGMENTED EFFORTS OR A UNIFIED FRAMEWORK?
MANAGEMENT CONTROL FOR START-UP COMPANIES – FRAGMENTED EFFORTS OR A UNIFIED FRAMEWORK?
Author(s): Tomasz Dyczkowski, Joanna DyczkowskaSubject(s): Business Economy / Management, Evaluation research
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: management control; start-up company;
Summary/Abstract: The rationality of implementing management control in start-ups has not been confirmed in research studies so far. On the contrary, it was suggested that formality may negatively affect innovativeness of a business. Despite a scarcity of positive evidence, the authors initiated research testing whether managers and employees witnessed benefits of MC to start-ups. The study was conducted on a sample of 45 enterprises. It showed, that although only 4 companies appointed a controller, over a half of the sample monitored effectiveness of work, production or services and installed cost or quality management. The start-ups appreciated use of non-financial ratios in their performance management. Finally, lower intensity of using MC methodology was not observed among the youngest companies.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2018
- Issue No: 515
- Page Range: 76-92
- Page Count: 17
- Language: English