Risk management with management control systems: A pragmatic constructivist perspective

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

This paper addresses the issue that calculative practices build on socially constructed facts that have both subjective and objective components. Using risk management as an example, we take a pragmatic-constructivist stance to explore how such a tool might be integrated in actor-based Management Control Systems. We propose a conceptual framework and a research agenda that accounts for actorship (L. Nørreklit, 2013) beyond numerical facts. This paper is conceptual and draws on secondary literature. Our framework highlights the non-linear, iterative nature of integrating calculative practices that specifically require complex reflection concerning the [1] validation if possibilities are factual (combining subjective and numerical data), [2] the elimination of illusions and sur-realities through constructive conflict/dialectical management, and [3] the co-construction of organization-wide topoi (causality and pertinent accounting practices). Our research furthers practice research on calculative practices through the development of a prescriptive rather than descriptive framework. It also offers propositions that future case study researchers can use.

Original languageEnglish
JournalCorporate Ownership & Control
Volume13
Issue number3
Pages (from-to)72-81
Number of pages10
ISSN1727-9232
DOIs
Publication statusPublished - 2016
Externally publishedYes

    Research areas

  • Calculative practice, Management control systems, Practice theory, Pragmatic constructivism, Risk management
  • Management studies

DOI

Recently viewed

Researchers

  1. Kerstin Fedder

Activities

  1. Exploration deficiency: lessons learned from an unsuccessful sustainable energy technology innovation
  2. An analysis of founder-CEOs' and salaried CEOs' short-term investment behavior under consideration of aspiration levels
  3. Work and Organization in the Digital Age
  4. The Later Life Workplace Index (LLWI): Key Learnings From a Multi-National Research Project
  5. Organization Studies (Zeitschrift)
  6. An aesthetics of displacement. On Thomas Pynchon’s symptomatology of enterprise
  7. WSEAS Transactions on Computer Research (Fachzeitschrift)
  8. How Education Made Computers Personal
  9. Development of PE pre-service teachers’ teaching performance during a long-term internship - A mixed-methods analysis of classroom videos and the written self-reflections of the PE pre-service teachers
  10. Quality indicators of effective multi-ethnic schools
  11. DCRLectures Summer Semester 2016
  12. 4th ASE/IEEE International Conference on Social Computing - SocialCom 2012
  13. Effects of an international student exchange program on knowledge of international health care systems based on a real patient ́s case
  14. interventionen 2004
  15. Fakultät Management und Technologie (Organisation)
  16. Journal of Management Studies Paper Development Workshop - JMS 2015
  17. A mobile phone supported internet-based intervention for depressive symptoms in diabetes mellitus type 1 and type 2: design of a randomized controlled trial
  18. The use of digital communication media in cross-border knowledge transfer processes: A competitive advantage for multinational companies?
  19. Qualitative Inhaltsanalyse
  20. Multiple Organizations. An Organization-Theoretical View on Nonprofits

Publications

  1. Problem Definition and Agenda-Setting in Critical Perspective
  2. Designing a Transformative Epistemology of the Problematic
  3. Sensorless Control of AC Motor Drives with Adaptive Extended Kalman Filter
  4. Validity claims in context
  5. State of the Art of Handling and Storage Systems on Container Terminals
  6. Aging and Distal Effect Anticipation when Using Tools
  7. 3D Simulation of Electric Arcing and Pressure increase in an Automotive HVDC Relay During a Short Circuit Situation
  8. Practices and Policies from Spaces of Possibilities to Institutional Innovations
  9. »CO2 causes a hole in the atmosphere« Using laypeople’s conceptions as a starting point to communicate climate change
  10. Workforce age trends and projections
  11. How leaders’ diversity beliefs alter the impact of faultlines on team functioning
  12. Meeting the challenge of (co-)designing real-world laboratories
  13. Evaluation of a Four-Week Online Resilience Training Program for Multiple Sclerosis Patients
  14. Correction to
  15. Preference and willingness to pay for meat substitutes based on micro-algae
  16. The interplay between posture control and memory for spatial locations
  17. Narrative dialogic reading with wordless picture books
  18. Insights into Jatropha Projects Worldwide
  19. Implicit and explicit horizons
  20. Analysis of life cycle datasets for the material gold
  21. Inherent and induced anisotropic finite visco-plasticity with applications to the forming of DC06 sheets
  22. A utilitarian notion of responsibility for sustainability
  23. In situ synchrotron diffraction of the solidification of Mg4Y3Nd
  24. Self-supervised Siamese Autoencoders