The emergence of management controls in an entrepreneurial company

Chris Akroyd, Ralph Kober, Danni Li

Research output: Contribution to journalArticleResearchpeer-review

2 Citations (Scopus)

Abstract

The dilemma faced by founders of entrepreneurial companies is how to scale their business while staying in control. While the accounting literature has found that financial controls are important to rapidly scale a business, we do not know how these controls emerge in entrepreneurial companies in relation to other management controls. Using a case study of an entrepreneurial company that rapidly scaled its business, this study examines the management controls that emerged to become a package of controls. We highlight the importance of the management control package remaining in balance, with controls working together interdependently in a complementary fashion.

Original languageEnglish
Pages (from-to)1805-1833
Number of pages29
JournalAccounting and Finance
Volume59
Issue number3
DOIs
Publication statusPublished - Sep 2019

Keywords

  • Complementarity
  • Culture
  • Entrepreneurial companies
  • Management control package
  • Organisational life cycle

Cite this

Akroyd, Chris ; Kober, Ralph ; Li, Danni. / The emergence of management controls in an entrepreneurial company. In: Accounting and Finance. 2019 ; Vol. 59, No. 3. pp. 1805-1833.
@article{72ff0ae417504471aad38f0fe0e883ff,
title = "The emergence of management controls in an entrepreneurial company",
abstract = "The dilemma faced by founders of entrepreneurial companies is how to scale their business while staying in control. While the accounting literature has found that financial controls are important to rapidly scale a business, we do not know how these controls emerge in entrepreneurial companies in relation to other management controls. Using a case study of an entrepreneurial company that rapidly scaled its business, this study examines the management controls that emerged to become a package of controls. We highlight the importance of the management control package remaining in balance, with controls working together interdependently in a complementary fashion.",
keywords = "Complementarity, Culture, Entrepreneurial companies, Management control package, Organisational life cycle",
author = "Chris Akroyd and Ralph Kober and Danni Li",
year = "2019",
month = "9",
doi = "10.1111/acfi.12477",
language = "English",
volume = "59",
pages = "1805--1833",
journal = "Accounting and Finance",
issn = "0810-5391",
publisher = "Wiley-Blackwell",
number = "3",

}

The emergence of management controls in an entrepreneurial company. / Akroyd, Chris; Kober, Ralph; Li, Danni.

In: Accounting and Finance, Vol. 59, No. 3, 09.2019, p. 1805-1833.

Research output: Contribution to journalArticleResearchpeer-review

TY - JOUR

T1 - The emergence of management controls in an entrepreneurial company

AU - Akroyd, Chris

AU - Kober, Ralph

AU - Li, Danni

PY - 2019/9

Y1 - 2019/9

N2 - The dilemma faced by founders of entrepreneurial companies is how to scale their business while staying in control. While the accounting literature has found that financial controls are important to rapidly scale a business, we do not know how these controls emerge in entrepreneurial companies in relation to other management controls. Using a case study of an entrepreneurial company that rapidly scaled its business, this study examines the management controls that emerged to become a package of controls. We highlight the importance of the management control package remaining in balance, with controls working together interdependently in a complementary fashion.

AB - The dilemma faced by founders of entrepreneurial companies is how to scale their business while staying in control. While the accounting literature has found that financial controls are important to rapidly scale a business, we do not know how these controls emerge in entrepreneurial companies in relation to other management controls. Using a case study of an entrepreneurial company that rapidly scaled its business, this study examines the management controls that emerged to become a package of controls. We highlight the importance of the management control package remaining in balance, with controls working together interdependently in a complementary fashion.

KW - Complementarity

KW - Culture

KW - Entrepreneurial companies

KW - Management control package

KW - Organisational life cycle

UR - http://www.scopus.com/inward/record.url?scp=85064010310&partnerID=8YFLogxK

U2 - 10.1111/acfi.12477

DO - 10.1111/acfi.12477

M3 - Article

AN - SCOPUS:85064010310

VL - 59

SP - 1805

EP - 1833

JO - Accounting and Finance

JF - Accounting and Finance

SN - 0810-5391

IS - 3

ER -