Controlling

The paper reports on the use of Beyond Budgeting (BB) for performance management in three major Norwegian companies. It is shown how different organizational contexts lead to different “BB-solutions”. Yet, distinguishing the processes of...

Price risks may threat the continued existence of companies. Especially in the recent past the volatility of the commodity markets results in uncertainty for companies. This article will show a structured Risk-Management using the procurement of...

Corporate clients feel restricted by presence of financial covenants. Lenders insist on financial covenants, in order to maintain minimum creditworthiness requirements against the background of asymmetric information. Financial ratios must reflect...