The economic benefit of goal congruence and implications for management control systems

Journal of Accounting and Public Policy

Volumn 25, Issue 3, 2006, Pages 265-298

  Bouillon, Marvin L ^a   Ferrier, Gary D ^b   Stuebs Jr , Martin T ^c   West, Timothy D ^b  

^a IOWA STATE UNIVERSITY   (United States)

^b UNIVERSITY OF ARKANSAS   (United States)

^c BAYLOR UNIVERSITY   (United States)

Author keywords

Agency theory; Goal congruence; Hospital performance; Management control systems; Stewardship theory; Strategy

Indexed keywords

EID: 33646809753     PISSN: 02784254     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jaccpubpol.2006.03.003     Document Type: Article

References (26)

1. Bazerman M. Judgment in Managerial Decision Making (2002), John Wiley and Sons, Hoboken, New Jersey
2. Bénabou R., and Tirole J. Intrinsic and extrinsic motivation. The Review of Economic Studies 70 (2003) 489-520
3. Blanchard G., Chow C., and Noreen E. Information asymmetry, incentive schemes, and information biasing: The case of hospital budgeting under rate regulation. The Accounting Review 61 1 (1986) 1-15
4. Chenhall R. Management control systems design within its organizational context: Findings from contingency-based research and directions for the future. Accounting, Organizations and Society 28 (2003) 127-168
5. Crémieux P.-Y., and Ouellette P. Omitted variable bias and hospital costs. Journal of Health Economics 20 (2001) 271-282
6. Cronbach L. Coefficient alpha and the internal consistency of tests. Psychometrika 16 (1951) 297-334
7. Davis J., Schoorman F., and Donaldson L. Toward a stewardship theory of management. Academy of Management Review 22 1 (1997) 20-47
8. Donaldson L., and Davis J. Stewardship theory or agency theory, CEO governance and shareholder returns. Australian Journal of Management 16 (1991) 49-64
9. Falk, A., Kosfeld, M., 2004. Distrust-the hidden cost of control. Working paper of the Institute for the Study of Labor (IZA), ssrn.com/abstract=560624.
10. Feltham G., and Xie J. Performance measure diversity and congruity in multi-task principal-agent relations. The Accounting Review 68 3 (1994) 429-453
11. Ittner C., and Larcker D. Assessing empirical research in managerial accounting: A value-based management perspective. Journal of Accounting and Economics 32 (2001) 349-410
12. Kaplan R., and Norton D. The Strategy-Focused Organization (2001), Harvard Business School Press, Boston
13. Kerr S. On the folly of rewarding A, while hoping for B. Academy of Management Journal 18 (1975) 769-783
14. Kohn A. Why incentive plans cannot work. Harvard Business Review Sep-Oct (1993) 54-63
15. Kreps D. The interaction between norms and economic incentives. The American Economic Review 87 2 (1997) 359-364
16. Kurunmäki L. Professional vs financial capital in the field of health care-struggles for the redistribution of power and control. Accounting, Organizations and Society 24 (1999) 95-124
17. Langfield-Smith K. Management control systems and strategy: A critical review. Accounting, Organizations and Society 22 (1997) 207-232
18. Leicht K., Fennell M., and Witkowski K. The effects of hospital characteristics and radical organizational change on the relative standing of health care professions. Journal of Health and Social Behavior 36 (1995) 151-167
19. Luft J., and Shields M. Mapping management accounting: Graphics and guidelines for theory consistent empirical research. Accounting, Organizations and Society 28 (2003) 169-249
20. Pfeffer J. Six dangerous myths about pay. Harvard Business Review May-June (1998) 109-119
21. Phillips J. The dilemma of value not-for-profit hospitals-is cash flow the answer?. Journal of Accounting and Public Policy 22 (2003) 347-374
22. Simon H. Organizations and markets. Journal of Economic Perspectives 5 2 (1991) 25-44
23. Simons R. Performance Measurement and Control Systems for Implementing Strategy (2000), Prentice Hall, Upper Saddle River, New Jersey
24. Thaler R. From homo economicus to homo sapiens. Journal of Economic Perspectives 14 1 (2000) 133-141
25. West T. Comparing change readiness, quality improvement and cost management among VA, for-profit, and non-profit hospitals. Journal of Health Care Finance (Fall) (1998) 46-58
26. West, T., Holt, T., 2002. AMEDD MTF-level executive survey. US Army Medical Department Journal, pp. 16-26. Available from: .