Controlling

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...