Corporate governance and financial control

The discipline of financial control has undergone major developments in recent years and this has rendered it more fluid and less susceptible to precise definition. These developments have in part been prompted by the increased intrusion of financial controls into arenas in which they had previously played only a minor role. For example, the last decade in the UK witnessed the emergence of numerous financial initiatives aimed at public sector organizations, such as the National Health Service, central government, local government, universities, schools, and military organizations. These initiatives seek to emulate the private sector achievements (i.e. economic efficiency) perceived to be associated with financial control regimes in the public sector. Moreover, the economic climate of the 1980s, characterized by increased levels of international competition, deregulation of major industries, and the demands posed by modern work and information technologies, has led to greater emphasis on the use of financial control in the private sector.

[1]  M. Ezzamel,et al.  THE ROLES OF ACCOUNTING INFORMATION SYSTEMS IN AN ORGANIZATION EXPERIENCING FINANCIAL CRISIS. , 1990 .

[2]  Financial control and devolved management in central government , 1992 .

[3]  M. Wright,et al.  Internal Organisation, Efficiency and Profit , 1989 .

[4]  M. Ezzamel,et al.  Budgetary devolution in the National Health Service and Universities in the United Kingdom , 1987 .

[5]  Alan L. Wilkins,et al.  Efficient Cultures: Exploring the Relationship between Culture and Organizational Performance. , 1983 .

[6]  O. Williamson,et al.  Markets and Hierarchies: Analysis and Antitrust Implications. , 1977 .

[7]  Mahmoud Ezzamel,et al.  Advanced management accounting: an organisational emphasis , 1987 .

[8]  J. Robins,et al.  Organizational Economics: Notes on the Use of Transaction-Cost Theory in the Study of Organizations. , 1987 .

[9]  E. Fama,et al.  Separation of Ownership and Control , 1983, The Journal of Law and Economics.

[10]  Hiroyuki Itami,et al.  Interpenetration of organization and market : Japan's firm and market in comparison with the U.S , 1984 .

[11]  M. Ezzamel,et al.  Managing It All By numbers: A Review of Johnson & Kaplan's ‘Relevance Lost’ , 1990 .

[12]  E Williamson Oliver.  THE MODERN CORPORATION: ORIGINS , 1981 .

[13]  O. Kristensen,et al.  THE LOGIC OF POLITICAL‐BUREAUCRATIC DECISION‐MAKING AS A CAUSE OF GOVERNMENTAL GROWTH: Or Why Expansion of Public Programs is a “Private Good” and Their Restriction is a “Public Good”* , 1980 .

[14]  E. Fama,et al.  Agency Problems and Residual Claims , 1983 .

[15]  William G. Ouchi,et al.  Markets, Bureaucracies, and Clans. , 1980 .

[16]  Carl J. Dahlman.  The Problem of Externality , 1979, The Journal of Law and Economics.

[17]  Wilson Brown,et al.  Firm-like behavior in markets: The administered channel , 1984 .

[18]  O. Williamson,et al.  Corporate Control and Business Behavior. , 1971 .

[19]  M. Weber,et al.  The Protestant Ethic and the Spirit of Capitalism , 1937 .

[20]  W. Ouchi.  The Relationship Between Organizational Structure and Organizational Control. , 1977 .

[21]  D. Otley,et al.  Accounting for Management Control , 1990 .

[22]  O. Williamson.  The Modern Corporation: Origins, Evolution, Attributes , 1981 .

[23]  Alan Fox,et al.  Beyond Contract: Work, Power and Trust Relations , 1975 .

[24]  E. Kohler.  Accounting for Management , 1965 .

[25]  Sten Jönsson,et al.  Life with a sub-contractor: New technology and management accounting , 1988 .

[26]  William G. Ouchi,et al.  Hierarchies, clans, and theory Z: A new perspective on organization development , 1993 .

[27]  John W. Meyer,et al.  Institutionalized Organizations: Formal Structure as Myth and Ceremony , 1977, American Journal of Sociology.

[28]  Philip M. Marcus,et al.  The Visible Hand: The Managerial Revolution in American Business , 1979 .

[29]  C. Argyris.  Organizational learning and management information systems , 1982, DATB.

[30]  John Child,et al.  The Iron Law of Fiefs: Bureaucratic Failure and the Problem of Governance in the Chinese Economic Reforms , 1988 .

[31]  The markets and hierarchies framework: A critique of the model's applicability to accounting and economic development , 1983 .

[32]  Robert W. Scapens,et al.  Topics in management accounting , 1980 .

[33]  J. M. Buchanan,et al.  The Economics of politics , 1978 .

[34]  B. Spicer,et al.  Management accounting systems and the economics of internal organization , 1983 .

[35]  Henry Mintzberg,et al.  The Structuring of Organizations , 1979 .

[36]  M. C. Jensen,et al.  Harvard Business School; SSRN; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI); Harvard University - Accounting & Control Unit , 1976 .

[37]  R. Coase.  The Nature of the Firm , 1937 .

[38]  M. Ezzamel,et al.  Organisational culture in hospitals in the National Health Service , 1986 .

[39]  W. Ouchi.  A Conceptual Framework for the Design of Organizational Control Mechanisms , 1979 .