Dienstag, 01. August 2017

IMC publication in Accounting, Organizations and Society

“Theorizing and testing fast and slow bidirectional effects: The relationship between strategy formation and involvement of controllers” a paper jointly written by Raphaela Erhart (WHU – Otto Beisheim School of Management), Matthias D. Mahlendorf (Frankfurt School of Finance and Management), Marko Reimer (WHU – Otto Beisheim School of Management) and Utz Schäffer (WHU – Otto Beisheim School of Management) has been accepted for publication in Accounting, Organizations and Society.

In this paper, the authors highlight the importance of accounting for fast and slow bidirectional effects in management accounting research. In particular, they suggest that a deliberate strategy approach has a fast effect on controllers’ involvement in strategy, but the reciprocal effect is slow. Whereas previous cross-sectional studies regard controllers’ involvement as a consequence of the strategy formation process, this study finds that controllers can also play an active role in shaping the organization’s strategy process.

Professor Utz Schäffer and Asst. Professor Marko Reimer