Management Control in Nordic Small and Medium-sized Enterprises: A Contingency-based Approach

Emil Pensdorf Andersen & Nikolay Ivanov Georgiev

Student thesis: Master thesis

Abstract

This thesis examines the associations between management control (MC) practices and contextual factors within small and medium-sized Nordic enterprises and their effect on Return on Assets (RoA). More specifically, practices related to performance measurement and organizational structure are analysed in relation to organizational strategy and technology. Using survey data of 502 companies, a Cartesian and Configuration approach to contingency theory is combined by utilizing regression and profile deviation analysis. Out of 16 hypotheses developed, 4 are supported. The thesis contributes to the existing SME literature by providing one of the most comprehensive management control analyses of smaller companies. It provides exploratory findings on actual MC configurations on a country and industry level, as well as findings on the contingent association between context and MC – on a holistic systems level and on a specific, bivariate level.

EducationsMSc in Accounting, Strategy and Control, (Graduate Programme) Final Thesis
LanguageEnglish
Publication date2017
Number of pages134
SupervisorsMelanie L. Feldhues