Search for the following concepts when looking for appropriate resources:
�Management control
�Loss prevention
�Cash control
General guidelines for completing this assignment:
�You need to find at least three relevant and credible sources that can be used to support the concepts
discussed in the case (Three sources is the minimum; having only three will not get you the highest
grade.
�The bibliography needs to be done as an APA formatted annotated bibliography. Please use the link
below to see how an annotated bibliography is formatted.
�Each cited source needs to be specifically linked to the concepts in the case. Please do not cite
random sources.
�Make sure your annotation captures the important point of the source. Please do not give a one-
sentence summary.
ANNOTATED BIBLIOGRAPHY 2
Adler, P. S., & Chen, C. X. (2011). Combining creativity and control: Understanding
individual motivation in large-scale collaborative creativity. Accounting,
Organizations and Society, 36, 63–85.
The authors of this study state that it is possible to improve performance especially in contexts
that portray task uncertainty at high levels using management control systems. The authors seek
to determine how management control systems can be utilized to ensure effective performance
without compromising intrinsic motivation. Theories of self-construal as well as perceived locus
of causality are used as the basis of building the necessary model which summarizes 15
propositions in an integrative model. The authors argue that large scale collaborative creativity
needs to be simultaneously activated in an intrinsic manner together with the forms of motivation
that are identified eventually leading to interdependent and independent self-construals. As a
result, management control systems are likely to be utilized in promoting motivation as well as
subsequently improving performance.
Chatterjee, P., & Rose, R. L. (2011). Do Payment Mechanisms Change the Way Consumers
Perceive Products? Journal of Consumer Research, 38, p. 000. Available at:
http://www.jstor.org/stable/10.1086/661730
This study sought to determine whether mechanisms of payment change or influences the
perception of products by consumers. The authors argue that in cases where credit cards are
primed to consumers the main focus is usually on benefit when they conduct an evaluation of
products. This is contrary to consumers using cash who mainly focus of cost when evaluating
products prior to purchasing them. The study findings are indicative of the fact that, consumers
ANNOTATED BIBLIOGRAPHY 3
on whom credit card are primed usually made the highest level of recall errors regarding cost
attributes of products, while consumers using cash made few recall errors regarding cost attribute
of products in the process of purchasing. Furthermore, credit card primed consumers identified a
higher level of words relating to the product benefits in comparison to those using cash terms to
purchase. Credit cards and cash purchasing are some of the cash control mechanisms and the
findings of this study show that they both influence the perception of consumers towards
products differently.
Ho, J. L., Huang, C-J., & Wu, A. (2011). The Impact of Management Control Systems on Efficiency
and Quality Performance: An Empirical Study of Taiwanese Correctional Institutions.
Asia-Pacific Journal of Accounting & Economics, 18, 77-94.
The authors emphasize that managing control systems has been extensively utilized as an important
model by organizations in the attempts of ensuring that there is an increase of the probability of people
making decisions and taking actions that are congruent with organizational goals as a whole. In this
study, the authors used both parametric SFA (stochastic frontier analysis) As well as non-parametric DEA
(data envelopment analysis) in the process of carrying out an examination of the extent to which
management control systems impact quality performance and efficiency in correctional institutions. The
findings of the study indicate that Taiwanese correctional institutions have a higher extent of technical
inefficiencies, which can be attributed to their not favorable as well as inefficient utilization of resources.
It is also reported that higher quality performance and improved efficiency are found within correctional
institutions in Taiwan that have already embraced tight management control systems meaning that
adoption of tight management control systems are positively correlated to increased quality performance
as well as improved efficiency.
ANNOTATED BIBLIOGRAPHY 4
Michalski, G. (2010). Planning optimal from the firm value creation perspective: Levels of
operating cash Investments. Romanian Journal of Economic Forecasting, 1, 198-214.
The author of this study asserts that liquidity management which is an important cash control
method helps in the realization of the creation of value for cash. Several profit-based models
used in managing current assets (particularly cash) have been discussed by authors particularly
emphasizing on their role in the maximizing enterprise value. In addition, the author discusses
the strategy of corporate value creation with main focus on uncertainty and risk suggesting that
there are various reasons why organizations hold cash. It has been found that through cash
control methods, cash balances held in organizations can be referred to as speculative,
precautionary, considered, intentional and transactional. Management anxieties as well as
utilization of chances created by the risk equation’s positive part are the key reasons for holding
cash balances.
Namazi, M. (2013). Role of the agency theory in implementing management’s control.
Journal of Accounting and Taxation, 5(2), 38-47.
The role of the agency theory in the implementation of effective management control systems
has been analyzed in this article. Various control paradigms are evaluated and the findings show
that agency theory posits varied behavioral, organizational, controlling and economical roles, and
it is a valuable framework which can be widely used in facilitating an effective implementation
of effective management control systems.
ANNOTATED BIBLIOGRAPHY 5
ANNOTATED BIBLIOGRAPHY 6
Bibliography
Adler, P. S., & Chen, C. X. (2011). Combining creativity and control: Understanding individual
motivation in large-scale collaborative creativity. Accounting, Organizations and Society,
36, 63–85.
Chatterjee, P., & Rose, R. L. (2011). Do Payment Mechanisms Change the Way Consumers
Perceive Products? Journal of Consumer Research, 38, p. 000.
Ho, J. L., Huang, C-J., & Wu, A. (2011). The Impact of Management Control Systems on Efficiency and
Quality Performance: An Empirical Study of Taiwanese Correctional Institutions. Asia-Pacific
Journal of Accounting & Economics, 18, 77-94.
Michalski, G. (2010). Planning optimal from the firm value creation perspective: Levels of
operating cash Investments. Romanian Journal of Economic Forecasting, 1, 198-214.
Namazi, M. (2013). Role of the agency theory in implementing management’s control. Journal of
Accounting and Taxation, 5(2), 38-47.
