<h3>A market-leading text offering students a thorough understanding of management control systems</h3><p><strong>Management Control Systems, 5th edition</strong> is renowned for its authorship, excellently researched material and wealth of international examples from real companies.</p><p>Includes an extensive range of 75 case studies offering insight into the actual business environment and a wealth of international examples from real companies.</p>

<div class="c-un-numbered-list_container"><h4>Preface</h4><h4>Acknowledgements</h4><h3>Section I: The Control Function of Management</h3><ul><li>Chapter 1: Management and Control</li></ul><h3>Section II: Management Control Alternatives and Their Effects</h3><ul><li>Chapter 2: Result Controls</li><li>Chapter 3: Action, Personnel and Cultural Controls</li><li>Chapter 4: Control System Tightness</li><li>Chapter 5: Control System Costs</li><li>Chapter 6: Designing and Evaluating Management Control Systems</li></ul><h3>Section III: Financial Result Control Systems</h3><ul><li>Chapter 7: Financial Responsibility Centers</li><li>Chapter 8: Planning and Budgeting</li><li>Chapter 9: Incentive Systems</li></ul><h3>Section IV: Performance Measurement Issues and Their Effects</h3><ul><li>Chapter 10: Financial Performance Measures and Their Effects</li><li>Chapter 11: Remedies to the Myopia Problem</li><li>Chapter 12: Using Financial Result Controls in the Presence of Uncontrollable Factors</li></ul><h3>Section V: Objectives Beyond Profit Maximization</h3><ul><li>Chapter 13: Management Control Implications Stemming from the Broader Goal of Stakeholder Welfare Maximization</li><li>Chapter 14: Management Control in Not-for-profit Organizations</li></ul><h3>Section VI: Corporate Governance, Important Control-Related Roles, and Ethics</h3><ul><li>Chapter 15: Corporate Governance and Boards of Directors</li><li>Chapter 16: Controllers and Auditors</li><li>Chapter 17: Management Control-Related Ethical Issues</li></ul><h4>Index</h4></div>

<h4>The market-leading textbook in understanding management control systems</h4><p><strong>Management Control Systems, 5th edition </strong>is the latest edition of the bestselling textbook in management accounting, renowned for its authorship and excellently researched material. An essential learning resource presenting a wealth of international examples from real companies, this text will help you gain a solid grasp of this important subject.</p><p>Whether or not you have a background in management, the book's clear style introduces the authors&rsquo; leading framework, explaining a wide variety of performance measures and controls, as well as how to use them &ndash; while the extensive range of 75 case studies shows what this looks like in real businesses.</p>

Kenneth Merchant

Wim Van der Stede

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The market-leading textbook in understanding management control systems

Preface

Acknowledgements

Section I: The Control Function of Management

Section II: Management Control Alternatives and Their Effects

Section III: Financial Result Control Systems

Section IV: Performance Measurement Issues and Their Effects

Section V: Objectives Beyond Profit Maximization

Section VI: Corporate Governance, Important Control-Related Roles, and Ethics

Index

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