This talk answered the questions: "Are Performance Measurement Systems in MNCs globally converging to homogeneous sets of practices?" and "Do "new generation" Performance Measurement Systems help MNCs better cope with increased dynamism?" It listed Economic, Coercive and Normative pressures as well as mimetic processes as the drivers of management practices. It concluded by explaining that the multinational corporations may seek competitive advantage through the coexistence of convergence and differentiation of Performance Measurement Systems (PMS), and their mutual reinforcement. It suggested that a distinction should be drawn between using the PMS for decision-facilitating purposes vs. PMS for goal congruence purposes. As a recommendation for further researchers, it was seen that the benefits of the well-established "new generation" PMS appear to be more easily capitalized in stable environments, and questioned the adequacy of using the performance measurement systems in the setting of currently dynamic present globalization trends.

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Bisbe Vias, Josep

Diversity in culture and environmental dynamism as key challenges for performance measurement systems in global firms

This talk answered the questions: "Are Performance Measurement Systems in MNCs globally converging to homogeneous sets of practices?" and "Do "new generation" Performance Measurement Systems help MNCs better cope with increased dynamism?" It listed Economic, Coercive and Normative pressures as well as mimetic processes as the drivers of management practices. It concluded by explaining that the multinational corporations may seek competitive advantage through the coexistence of convergence and differentiation of Performance Measurement Systems (PMS), and their mutual reinforcement. It suggested that a distinction should be drawn between using the PMS for decision-facilitating purposes vs. PMS for goal congruence purposes. As a recommendation for further researchers, it was seen that the benefits of the well-established "new generation" PMS appear to be more easily capitalized in stable environments, and questioned the adequacy of using the performance measurement systems in the setting of currently dynamic present globalization trends.
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Diversity in culture and environmental dynamism as key challenges for performance measurement systems in global firms
Bisbe Vias, Josep
33th Annual Management Accounting Research Group Conference 2012 (MARG 2012)
London School of Economics and Political Science (LSE)
Londres (United Kingdom), 22/03/2012 - 22/03/2012

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