Advances in Management Accounting

Mary A. Malina is an Associate Professor of Accounting at the University of Colorado Denver. Her research interests include management control systems, performance measurement and subjectivity in performance evaluation. Her work has been published in several international journals including Contemporary Accounting Research, Journal of Management Accounting Research, Management Accounting Research and Group & Organization Management. She serves as Editor of Advances in Management Accounting.

Six papers examine the role of management accountants in risk management practices, assess how parent companies use performance measurement and management systems to monitor their foreign subsidiaries, compare the performance of operational restructuring led by new versus continuing CEOs, and analyze the performance measures used by a development bank in Africa. The longest paper presents a framework for understanding how sustainability control systems can be used in proactive strategic responses to corporate sustainability pressures.

• Introduction; Mary A. MalinaChapter 1. Risk Management and Internal Control: A Study of Management Accounting, Practice; Regina Bento, Lasse Mertins, and Lourdes White Chapter 2. Properties of Performance Measurement and Management Systems Used Dialogically between Parent Companies and Foreign Subsidiaries; Lorenzo Patelli Chapter 3. CEO Turnover and Major Business Restructurings; Jian Cao, Hisn-yi (Shirley) Hsieh, and Mark Kohlbeck Chapter 4. The Effect of Informed Outside Directors on Investment Efficiency; Robert Felix Chapter 5. Proactive Strategic Responses to Corporate Sustainability Pressures: A Sustainability Control System Framework; Chaminda Wijethilake and Athula Ekanayake Chapter 6. On the Interplay between Strategic Performance and Managerial Accounting; Niran Subramaniam