IPOs, Organisational Change, and Management Accounting Change in Listed Chinese State-Owned Enterprises
CIMA Research Executive Summary, Volume 9, Issue 5, 2014
16 Pages Posted: 3 Feb 2016
Date Written: December 31, 2014
Initial public offerings (IPOs) can lead to changes in management accounting and control practices of listed Chinese state-owned enterprises (SOEs). Often, it is the meaning attached to management accounting or the way in which management accounting and control is used that is changed following IPOs. The level of formalisation and tightness of the management accounting and control systems adopted by listed Chinese SOEs increases after IPOs. After IPOs, management accounting and control systems facilitate the accountability of listed Chinese SOEs toward all the shareholders. After IPOs, management accounting and control systems generate more information and contribute to making the operations of listed Chinese SOEs transparent.
Keywords: IPO; management accounting change; Organisational change; Chinese State-owned enterprises
JEL Classification: A14, M41
Suggested Citation: Suggested Citation