How Management Control Systems Can Help Small and Medium-Sized Enterprises Develop Resilience

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

Due to their limited resources, small- and medium-sized enterprises (SMEs) often employ less formalized management control systems compared with larger enterprises. However, SMEs can greatly benefit from management control systems. For instance, such systems can generally support the professionalization and growth of SMEs but can also foster SMEs in developing organizational resilience. The present chapter focuses on the latter aspect and provides an integrative review of existing research on how management control systems can help SMEs develop resilience. We map the existing literature on this topic by drawing on the five types of management control systems classified by Malmi and Brown (Manag Account Res 19(4):287–300, 2008) and the three dimensions of organizational resilience proposed by Duchek (Bus Res 13(1):215–246, 2020). Our results show various ways in which SMEs can benefit from management control systems when aiming to increase their resilience. At the same time, we also highlight that additional research is needed to understand more fully the contribution that management control systems make to SMEs’ resilience.
Original languageEnglish
Title of host publicationSmall and Medium-Sized Enterprise (SME) Resilience: Strategies for Risk and Crisis Management
Editors Durst, S., Henschel, T.
Place of PublicationCham
PublisherSpringer Nature
Pages33-62
Number of pages30
ISBN (Print)978-3-031-50835-6
DOIs
Publication statusPublished - Mar 2024

Publication series

NameManagement for Professionals
VolumePart F2445
ISSN (Print)2192-8096
ISSN (Electronic)2192-810X

Fields of science

  • 502 Economics
  • 502033 Accounting
  • 502006 Controlling
  • 502043 Business consultancy
  • 502044 Business management

JKU Focus areas

  • Digital Transformation
  • Sustainable Development: Responsible Technologies and Management

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