Management control systems package e turnaround : un caso aziendale

In turbulent times, firms frequently face situations of decline or crisis. The literature on turnaround has undertaken indept investigation into many strategic aspects of this issue, such as cost efficiency, asset retrenchment, the focusing on core activities, the building for the future, reinvigoration the leadership, and cultural change (Schoenberg et al., 2013). ver, the literature has paid limited attention to the relationship between turnaround strategies and management control systems (MCSs). Such studies mainly focus on the relationship between specific tools and various turnaround phases, mostly providing a timerelated view. The following two aspects are neglected: 1) the role of MCSs from a dynamic viewpoint that considers content strategies and process ones. 2) Whether MCSs' organizational and cultural dimension can strengthen the turnaround culture.

We undertake a case study of a small business facing a decline in its performance and having no formal management control systems when starting its turnaround. We use Malmi and Brown's (2008) framework to interpret the results by considering various MCSs as a package. We find that the introduction of different MCSs and their dynamic shaping during the turnaround were key factors that not only supported the content, but also the process strategies. Moreover, in the case study, administrative and cultural control systems were essential for building and maintaining a turnaround culture. Our findings support MCSs' relevance during a turnaround and clarify that MCSs should be considered a package since they have a dynamic perspective and emphasize the role of cultural and administrative controls [Publisher's text].