Purpose: This paper draws on the case of a multinational energy company to explore the role played by Management Control Systems (MCSs) in enacting governance policies at the local (subsidiary) level.Design/methodology/approach: This research mobilizes the literature on governmentality to interpret MCSs as technologies of government that can be drawn upon to translate governance policies into practice. In particular, the authors discuss this process by interpreting ‘governance’ as an epistemic object, that is an object that generates knowledge because of its inherent incompleteness and abstract nature.Findings: The paper shows how MCSs act as technical objects insofar they attract, bind and engage local subsidiary managers in the generation of knowledge about governance policies (i.e. the epistemic object) set at the global level, thereby enacting these policies locally.Practical implications: The findings have practical implications by showing how subsidiary managers engage with MCSs in order to translate and implement broader governance policies in their daily activities.
Enacting governance at the local level through management control systems: the case of a multinational energy company
Maria Federica Izzo
2021-01-01
Abstract
Purpose: This paper draws on the case of a multinational energy company to explore the role played by Management Control Systems (MCSs) in enacting governance policies at the local (subsidiary) level.Design/methodology/approach: This research mobilizes the literature on governmentality to interpret MCSs as technologies of government that can be drawn upon to translate governance policies into practice. In particular, the authors discuss this process by interpreting ‘governance’ as an epistemic object, that is an object that generates knowledge because of its inherent incompleteness and abstract nature.Findings: The paper shows how MCSs act as technical objects insofar they attract, bind and engage local subsidiary managers in the generation of knowledge about governance policies (i.e. the epistemic object) set at the global level, thereby enacting these policies locally.Practical implications: The findings have practical implications by showing how subsidiary managers engage with MCSs in order to translate and implement broader governance policies in their daily activities.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.