Controlling

This study shows that companies do not decouple planning and performance management targets at the beginning of the business year, potentially due to concerns about credibility.We do not find any difference in target achievement between the minority...

Participation in budgeting enables access to employees’ knowledge, but harbors the risk of dishonest reports and the creation of budgetary slack. The article shows selected design elements that influence the creation of budgetary slack and were...

Budgeting serves both decision making and performance evaluation, creating a tension that encourages sandbagging. We run four in silico experiments with LLM-generated sales manager agents. Multi-period settings alone do not curb bias, but combining...

Based on 30 expert interviews, the challenges and innovations in the planning and budgeting process are discussed. External data is presented as a bridge between planning and budgeting and the potential that exists for all three functions of...

The increasingly dynamic and complex business environment is creating pressure for change. A systemic management approach is outlined, featuring two loosely coupled control loops and a value creation measurement system that centers on the human...

Digitalization and advances in Artificial Intelligence (AI) offer great potential for process optimisation, cost reduction and strategic decision-making. Nevertheless, AI adoption in controlling remains limited. This literature study examines key...