Article2000

Responsibility budgeting and accounting

19 citations0/0 files storedInternational Public Management Journal

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Accounting and Organizational Management Public Policy and Administration Research Accounting Theory and Financial Reporting

Abstract

Information/transaction costs make it necessary to decentralize some decision rights in organizations and in the economy. Decentralization in turn requires organizations to solve the control problem that results when self-interested persons do not behave as perfect agents. Capitalist economies solve these control problems through the institution of alienable decision rights. But because organizations suppress the alienability of decision rights, they must devise substitute mechanisms that perform those functions. Three functions are critical: (1) allocating decision rights among agents in the organization, (2) measuring and evaluating performance, and (3) rewarding and punishing individuals for their performance. Responsibility budgeting and accounting systems are the most widespread mechanisms for performing these functions in business today.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 19 citations exist upstream.

References

1987The Economic Institutions of Capitalism 1993Economics, Organization and Management.1990Reengineering Work: Don’t Automate, Obliterate 1994Levers of Control: How Managers Use Innovative Control Systems to Drive Strategic Renewal 1992Intelligent Enterprise: A Knowledge and Service Based Paradigm for Industry 1998Public Management: The New Zealand Model 1998Cost & effect: using integrated cost systems to drive profitability and performance 2011Accounting for Decision Making and Control

Cited by

2007Net Results of the Japanese NPM Movement at Local Governments since the Mid-1990s: Performance Budgeting, Total Quality Management and Target Based Budgeting 2008Are We Driving Strategic Results or Metric Mania? Evaluating Performance in the Public Sector

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.