Controlling

The behaviour of employees has the capacity to mitigate or exacerbate corporate crises. Internal corporate communication offers the opportunity to influence employee behaviour in the context of crisis management. This study utilised expert...

This article examines the growing importance of sustainability reporting in M&A transactions and its impact on company valuation. It emphasizes the need for a holistic approach that integrates financial and sustainability-oriented assessments....

Social norms and individual values are key drivers of ethical behavior. Norms such as honesty can serve as informal control mechanisms in companies and, e.g., promote honest budget reporting and contribute effectively to fraud prevention. Management...

The path to becoming a CFO often leads through the management accounting and control department. This article shows which professional and interdisciplinary skills a (junior) controller should have or develop in order to follow the CFO path and how...

For corporate management, recognizing legal and moral requirements means recognizing restrictions on action and therefore (opportunity) costs. A distinction is made between two attitudes or cultures for dealing with this: Opportunism and integrity....

Digitalization has fundamentally changed corporate performance management and poses new challenges for controlling. With the increasing flood of data and the wide range of automation options, management requirements are also increasing. A structured...

The choice of the remuneration system must be made in the specific context of the company, considering the strategic objectives and the cultural orientation. AXA Switzerland has introduced a collective variable compensation system. This paper...

In many companies, owners, boards and management do not share a common understanding of the question: „What is success?” The answer might be: Long-term profitable growth, but only under certain conditions. The key is to separate performance KPIs...

The IGC Mission Statement 2024 emphasizes the growing need for Controllers to transcend traditional financial management roles. It is calling for data-driven, ethical, and strategic financial leadership, positioning Controllers as forwardthinking...

The efficacy of variable compensation systems is frequently the subject of criticism. This article illustrates that the effectiveness of such systems is contingent upon their design. There is no universally applicable compensation system. In order...

A qualitative empirical interview study examines the use of sustainability indicators in procurement performance measurement in manufacturing companies. The low prevalence and integration of sustainability indicators in procurement management is...

In managing their global production networks, manufacturing companies often overlook (countrylevel) risks. Therefore, this article provides a management tool and a process for systematically analyzing the risks of a production network. The article...

In light of the debate on CEO salaries, we examine the history of compensation practices and scrutinize their societal justification. Based on empirical research, we find that exorbitant salaries cannot be justified by individual performance,...

Effective variable compensation aligns the interests of employees and shareholders and avoids disincentives. It is therefore closely linked to financial management, risk management and corporate culture.This article reports on a project to globally...