Controlling

A clear understanding of risk culture and an approach to assessing it are prerequisites for the management of risk culture. This article develops a risk culture framework and a questionnaire based on it for assessing risk culture. On this basis, an...

The framework conditions and accumulated experiences for SAP ˆ S/4HANA transformation projects have evolved significantly in recent years. Building on this, the article presents findings from a survey of transformation managers conducted in 2024,...

A successful carve-out requires ensuring operational liquidity through the treasury function. The key is to disentangle the existing financial interdependencies between the parent company and the spinoff organization. The goal is to establish...

Cultural controls are neglected in many companies. The author shows how cultural controls can be used in practice and how organisational culture and national culture can be assessed. Empirical results reveal many different associations between...

The importance of financial control systems for companies is significant, as they are essential for resource allocation and management of activities. However, they alone are often not adequate to unlock a company’s full potential. Financial...

Increased complexity and advancing digitalization are leading to changes in the requirements profile of controllers. Due to the low number of analyses of the requirements profile of specialized controllers to date, this article carries out a job...

Corporate psychopaths have increasingly become the focus of academic and practical attention in recent years due to their problematic behavior. This article outlines the potential dangers of these individuals and, building on this, identifies some...

In a rapidly evolving industry, the global technology leader ABB Group (ABB) relies on robust enterprise risk management (ERM) to maintain operational excellence and navigate complex challenges. Drawing on first-hand practical insights from ABB,...