A1 Journal article (refereed)
Strategic thinking and accounting : potentials and pitfalls from a managerial perspective (2019)

Aaltola, P. (2019). Strategic thinking and accounting : potentials and pitfalls from a managerial perspective. Journal of Management Control, 30(3), 323-351. https://doi.org/10.1007/s00187-019-00285-w

JYU authors or editors

Publication details

All authors or editors: Aaltola, Pasi

Journal or series: Journal of Management Control

ISSN: 2191-4761

eISSN: 2191-477X

Publication year: 2019

Volume: 30

Issue number: 3

Pages range: 323-351

Publisher: Springer

Publication country: Germany

Publication language: English

DOI: https://doi.org/10.1007/s00187-019-00285-w

Publication open access: Openly available

Publication channel open access: Partially open access channel

Publication is parallel published (JYX): https://jyx.jyu.fi/handle/123456789/66070

Abstract

This study explores the strategic thinking of managers from an accounting perspective. By building on interview data from managers working with strategic roles in various organizations, an understanding is offered of the experienced potentials and pitfalls of accounting in strategic thinking. The results are elaborated into a framework presenting the dual nature of accounting in strategic contexts. This study suggests that the benefits and pitfalls of accounting for strategic thinking constitute a paradoxical duality, which cannot be fully solved, but must be addressed by practising managers. The observed role of accounting in managers’ strategic thinking also offers implications for management control in organizations.

Keywords: leadership (activity); accounting; strategic leadership; strategy work; managerial work; management accounting

Free keywords: strategic thinking; management control

Contributing organizations

Ministry reporting: Yes

VIRTA submission year: 2019

JUFO rating: 1