Management Control Systems: Performance Measurement, Evaluation and Incentives (4e) : 9781292110554

Management Control Systems: Performance Measurement, Evaluation and Incentives (4e)

Published by
Pearson United Kingdom
In stock
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This best-selling and market-leading text gives students a thorough understanding of the core concepts and key topics of management control and related performance measurement and incentive systems, processes, and critical trade-offs in their design and use, employing a wide range of international case studies and real life examples.

Table of contents
  • PART I: The Control function of Management
  • 1   Management and Control
  • PART II: Management Control alternatives and their effects
  • 2   Results Controls
  • 3   Action, Personnel, and Cultural Controls
  • 4   Control System Tightness
  • 5   Control System Costs
  •  6   Designing and Evaluating Management Control Systems
  • PART III: Financial Results Control Systems
  • 7   Financial Responsibility Centers
  • 8   Planning and Budgeting
  • 9   Incentive Systems
  • PART IV: Performance measurement issues and their effects
  • 10    Financial Performance Measures and their Effects
  • 11    Combinations of Measures and Other Remedies to the Myopia Problem
  • 12    Using Financial Results Control in the Presence of Uncontrollable Factors  
  • PART V: Corporate Governance, Important Control-related roles and Ethics
  • 13    Corporate Governance and Boards of Directors
  • 14    Controllers and Auditors
  • 15    Management Control-Related Ethical Issues and Analyses  
  • PART VI: Significant Situational influences on management control systems
  • 16    Management Control in Non-Profit Organizations
  • Index
New to this edition

·    Updated text, examples, references and cases throughout

·    Various new cases, including ones on project management, ethics, and sustainability

·    New engaging design

Features & benefits

·    Over 70 cases for classroom use, and some suitable for examination purposes

·    Clear and structured Parts and sections to ensure logical progression and understanding

Visit to gain access to a suite of resources which accompany this text:

·      For instructors: Solution’s manual, and Powerpoint slides

Author biography

Kenneth A. Merchant is the Deloitte & Touche LLP Chair of Accountancy at the University of Southern California. He is well-known internationally in the field of management accounting.


Wim A. Van der Stede is the CIMA Professor of Accounting and Financial Management at the London School of Economics and Political Science. An author and teacher, he brings a European perspective and a wealth of experience to this book.