The previous chapter provided the conceptual foundation and selected the research framework for this study. Despite the fundamental importance of the research framework, the confirmatory approach of this study requires a theoretical foundation in order to derive propositions about the relationships between management control forms and performance. A theoretical framework provides an in-depth understanding of the relationships between theoretical concepts and highlights the most relevant questions of a research situation.
KeywordsSocial Control Management Control Information Asymmetry Moral Hazard Agency Cost
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