Combinations of Strategy and Control: A Set-Theoretic Approach

Posted: 22 Jan 2014

See all articles by David S. Bedford

David S. Bedford

University of Technology Sydney (UTS)

Teemu Malmi

Aalto University School of Business

Mikko Sandelin

Aalto University - Department of Accounting and Finance

Date Written: January 22, 2014

Abstract

A significant amount of attention has been devoted to understanding the relationship between strategy and control. While much progress has been made a number of important questions have so far received little attention: (1) how do management controls combine to achieve effective control outcomes for different firm strategies? and (2) are there multiple, equally effective control combinations in a given strategic context? This study addresses these questions by drawing on the Miles and Snow (1978) typology to hypothesize the control combinations expected to be effective for different strategic contexts. Expectations are tested through a novel method termed fuzzy set qualitative comparative analysis (fsQCA) using data obtained from a cross sectional survey. The study contributes to the literature by providing evidence on how control attributes combine within and across strategic contexts and demonstrating that effective control can be achieved through multiple configurations. In doing so the study provides insight into the interdependence and relative importance of control attributes for achieving effective control outcomes in different strategic settings.

Keywords: Management control, strategy, configurations, qualitative comparative analysis, fsQCA

JEL Classification: M41, D23

Suggested Citation

Bedford, David S. and Malmi, Teemu and Sandelin, Mikko, Combinations of Strategy and Control: A Set-Theoretic Approach (January 22, 2014). Available at SSRN: https://ssrn.com/abstract=2383010 or http://dx.doi.org/10.2139/ssrn.2383010

David S. Bedford (Contact Author)

University of Technology Sydney (UTS) ( email )

15 Broadway, Ultimo
PO Box 123
Sydney, NSW 2007
Australia

Teemu Malmi

Aalto University School of Business ( email )

P.O. Box 21220
Aalto, 00076
Finland
+358 40 5100827 (Phone)

Mikko Sandelin

Aalto University - Department of Accounting and Finance ( email )

P.O. Box 1210
Helsinki, 00100
Finland
+358 9 4313 8457 (Phone)
+358 9 4313 8678 (Fax)

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