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When companies grow up - A case study of a family-owned company’s management control system

Gradén, Jacob and Levin, Christoffer (2008)
Department of Business Administration
Abstract
Problem: What are the characteristics of Polykemi’s management control system and how is it affected by growth? Purpose: To describe and analyse the management control system of a medium-sized family-owned company from the perspective of Simons’ Levers of control. Research design: An abductive, interview-based case study of Polykemi AB. Conclusion: Polykemi’s management control system is primarily a traditional one which is rather strong in terms of Levers of control. It is changing to become more modern and several important developments are under way, particularly within the frame of the change program “Going for Gold”. As an effect of growth, formalisation is probably required, since tacit and informal systems do not scale as well as... (More)
Problem: What are the characteristics of Polykemi’s management control system and how is it affected by growth? Purpose: To describe and analyse the management control system of a medium-sized family-owned company from the perspective of Simons’ Levers of control. Research design: An abductive, interview-based case study of Polykemi AB. Conclusion: Polykemi’s management control system is primarily a traditional one which is rather strong in terms of Levers of control. It is changing to become more modern and several important developments are under way, particularly within the frame of the change program “Going for Gold”. As an effect of growth, formalisation is probably required, since tacit and informal systems do not scale as well as formalised systems do. (Less)
Please use this url to cite or link to this publication:
author
Gradén, Jacob and Levin, Christoffer
supervisor
organization
year
type
H1 - Master's Degree (One Year)
subject
keywords
Polykemi, case study, family-owned, management control system, budget, levers of control, Management of enterprises, Företagsledning, management
language
Swedish
id
1348193
date added to LUP
2008-02-29
date last changed
2012-04-02 16:57:17
@misc{1348193,
  abstract     = {Problem: What are the characteristics of Polykemi’s management control system and how is it affected by growth? Purpose: To describe and analyse the management control system of a medium-sized family-owned company from the perspective of Simons’ Levers of control. Research design: An abductive, interview-based case study of Polykemi AB. Conclusion: Polykemi’s management control system is primarily a traditional one which is rather strong in terms of Levers of control. It is changing to become more modern and several important developments are under way, particularly within the frame of the change program “Going for Gold”. As an effect of growth, formalisation is probably required, since tacit and informal systems do not scale as well as formalised systems do.},
  author       = {Gradén, Jacob and Levin, Christoffer},
  keyword      = {Polykemi,case study,family-owned,management control system,budget,levers of control,Management of enterprises,Företagsledning, management},
  language     = {swe},
  note         = {Student Paper},
  title        = {When companies grow up - A case study of a family-owned company’s management control system},
  year         = {2008},
}