Managerial discourse and the link between theory and practice:from ROI to value-based management
Managerial discourse and the link between theory and practice:from ROI to value-based management
Building on Thrift's (2005) concept of the cultural circuit of capitalism using critical discourse analysis, the paper investigates the influence of management accounting concepts on practice. The paper proposes that the way that academic theories in management accounting affect practice depends on the origin of the early texts, the extent to which the texts become discourses and the relative institutional support for the discourse. The approach is illustrated by focusing on three particular management accounting concepts: return on investment (ROI), value-based management (VBM) and strategic management accounting (SMA) and empirically contextualised through the case history of GEC/Marconi. The paper explains that, whilst ROI and VBM have, to varying degrees, become part of managerial discourse, SMA has remained a loose collection of academic texts and has had a negligible impact on managerial discourse and practice.
Seal, William
304dfd13-8ca6-462a-b1a7-dbae80423973
2010
Seal, William
304dfd13-8ca6-462a-b1a7-dbae80423973
Seal, William
(2010)
Managerial discourse and the link between theory and practice:from ROI to value-based management.
Management Accounting Research, 21 (2).
(doi:10.1016/j.mar.2010.02.007).
Abstract
Building on Thrift's (2005) concept of the cultural circuit of capitalism using critical discourse analysis, the paper investigates the influence of management accounting concepts on practice. The paper proposes that the way that academic theories in management accounting affect practice depends on the origin of the early texts, the extent to which the texts become discourses and the relative institutional support for the discourse. The approach is illustrated by focusing on three particular management accounting concepts: return on investment (ROI), value-based management (VBM) and strategic management accounting (SMA) and empirically contextualised through the case history of GEC/Marconi. The paper explains that, whilst ROI and VBM have, to varying degrees, become part of managerial discourse, SMA has remained a loose collection of academic texts and has had a negligible impact on managerial discourse and practice.
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Published date: 2010
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Local EPrints ID: 182583
URI: http://eprints.soton.ac.uk/id/eprint/182583
ISSN: 1044-5005
PURE UUID: 2d3315d7-1bc7-4146-9f3a-aab1bf6d6a62
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Date deposited: 28 Apr 2011 09:18
Last modified: 14 Mar 2024 02:59
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William Seal
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