Empirical evidence of management control system in the emerging market
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Ida Farida 
, Y. Anni Aryani , Doddy Setiawan
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
This study reviews and evaluate the development of management control system (MCS) research, specifically in Indonesia. A control system is one of the most critical things for organizations to achieve their goals (Grabner & Moers, 2013). A management accounting system is part of the organizational control system, which is important in providing information to assist managers in controlling their activities and reducing environmental uncertainty to achieve organizational goals. We conducted a mapping of research on MCSs published in various journals indexed by Sinta 2 in Indonesia. This study reveals that the direction of MCS research during 2000–2022 in Indonesia predominantly focused on organizational performance, business unit performance, management accounting practices, and quality of government financial reports. It is expected that future studies explore these areas more, and expand to other aspects such as conducting cross-country studies on MCS to get international insight into how MCSs work in micro, small and medium enterprises (MSMEs) is another interesting area.
Keywords: Management Control System, Management Accounting, Strategic Management
Authors’ individual contribution: Conceptualization — I.F.; Methodology — D.S.; Formal Analysis — I.F., Y.A.A., and D.S.; Writing — Original Draft — I.F.; Writing — Review & Editing — Y.A.A. and D.S.; Supervision — D.S.; Project Administration — I.F.
Declaration of conflicting interests: The Authors declare that there is no conflict of interest.
JEL Classification: G1, G140, O15
Received: 31.05.2022
Accepted: 26.09.2022
Published online: 28.09.2022
How to cite this paper: Farida, I., Aryani, Y. A., & Setiawan, D. (2022). Empirical evidence of management control system in the emerging market. Corporate & Business Strategy Review, 3(2), 112–124. https://doi.org/10.22495/cbsrv3i2art10
