The most recent issue of Beta: Scandinavian Journal of Business Research is a special issue edited by Lars Jacob and his colleague Katarina Kaarbøe at NHH. The special issue is entitled “Innovation in Business Models and Management Control Systems”. Here is Lars Jacob and Katarina’s introduction to the special issue.
The special issue includes a paper we have written with our PhD student Erlend Aas Gulbrandsen and Katarina Kaarbøe. It is entitled “Developing Management Control Systems for Sustainable Business Models” , and addresses the question of which management control needs arise in companies that have business models that aim to align sustainability and profitability. Here is the abstract:
“In this article, we shed light on the challenge of developing appropriate management control practices for sustainable business models. In such business models, it is necessary to properly address the sustainability performance of the company. We conceptually explore the role of management control in sustainable business models, and argue that for companies to design and implement a sustainable business model, their company’s management control system needs to account for a multidimensional understanding of performance. We explore different management control needs for firms that aim to increase their social and environmental performance. The study thus contributes to the understanding of the relationship between sustainable business models and management control practices and indicates avenues for further research.”
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