From Detecting Deviations to Preventing Shocks: The Value of IT for Management Controls
JMAR Research Conference in conjunction with 2012 Management Accounting Section Research and Case Conference
31 Pages Posted: 5 Jul 2013
Date Written: June 11, 2013
Abstract
Information technology (IT) has a tremendous impact on management control through new ways of retrieving and processing information about performance deviations and control effectiveness. This paper explores the role of IT-enabled management controls on the example of information systems for Governance, Risk Management, and Compliance (GRC IS). We apply a grounded theory approach to structure value drivers of GRC IS into a framework. We relate the value drivers to existing theories to understand the impact of IT on management controls. We argue that IT serves as catalyzer for more effective management controls by enabling managers to exploit and explore richer data about performance deviations and potential shocks. We structure the catalyzing effects as value drivers of IT in a balanced control model. This paper uses the lens of management theories on GRC IS and establishes a research agenda for understanding the catalyzing function of IT for management controls by suggesting links between previously separate theories.
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems
-
Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature
-
Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature
-
Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature
-
CEO Involvement in the Selection of New Board Members: An Empirical Analysis
By David Yermack and Anil Shivdasani
-
The Uncertain Relationship between Board Composition and Firm Performance
By Sanjai Bhagat and Bernard S. Black
-
The Non-Correlation between Board Independence and Long-Term Firm Performance
By Sanjai Bhagat and Bernard S. Black
-
The Non-Correlation between Board Independence And Long-Term Firm Performance
By Sanjai Bhagat and Bernard S. Black