The impact of targets and incentive systems in a Beyond Budgeting setting : A case study of how target-setting and incentive systems are applied in a…

2019

Master's thesis Business Administration BE501 - University of Agder 2019 The goal of this empirical study isto understand how performance management systems are applied in a firm which has implemented Beyond Budgeting. The thesisfocuseson the management control systems of result controls, which includes the process of setting targets, measuring performance and issuing rewards.Collectively these systems are designed to guide and motivate employees, by aligning the goals of both principals and agents. To understand how these systems function in a Beyond Budgeting settingthe analysis addresses theproblem statement: What is the impact of targets and incentive systems in a Beyond Budgeting setti…