Purpose The purpose of this article is to synthesize the topics, conceptualizations and
measurements of value-based management (VBM) and to suggest a research agenda …

Environmental management control systems (EMCSs) effectively integrate environmental
objectives into corporate decision-making, yet implementation costs may discourage their …

The management control information used in decision‐making comports with one of the two
generally accepted roles—to monitor and evaluate employees to conform their behavior to …

Chief financial officers (CFOs) have become increasingly involved in strategic decisions.
The literature has emphasized the potential benefits of this development, delineating CFOs …

Value driver trees (VDTs) are abstract, indicator‐based representations of a business model.
Although they are conceptual models by nature, no systematic and unified approaches to …

Shareholder and stakeholder orientations are often portrayed as opposites, often rooted in
abstract debates and analyses. We challenge this assumption by moving to the …

While value-based management (VBM) prioritizes shareholder value creation, payouts are
central means of distributing created value to shareholders. To better understand how …

Purpose This study aims to determine whether the financial ecosystem is reliable for
evaluating a company's financial performance at various lifecycle stages or whether value …

Complex constructs in management accounting are often hard to replicate if they rely on
surveys or manual content analyses. Such constructs include, for example, the balanced …

We empirically study the diffusion of value-based management (VBM) in small capital
markets. Specifically, we analyse the factors that influence VBM adoption in Danish-listed …