Five Functions of Management Affect Organizational Success

In: Business and Management

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Influence of National Culture and Other Forces on Management Control Practices of Bangladesh.

Abstract This study attempts to examine the influence of national culture and other forces on management control practices of Bangladesh by applying Schneider and Barsoux 2003 culture/ control profiles and some other alternative theories. A triangulation of research methods are followed for this purpose. Evidence from telephone interviews, researcher’s personal experience and other empirical works are used to validate the ingredients of Schneider and Barsoux control profiles for Asian region and different alternative theories on management control practices of Bangladesh. Empirical works from other scholars also suggest that several forces like institutional pressure, ecopolitical conditions and history etc. are more influential than culture in directing the course of management control practices in Bangladesh. The major limitation of this study is its usage of limited data sets. The findings will be useful in understanding different forces that are shaping management control practices in a transitional economy, Bangladesh.

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1.0 Introduction Previous researches (Hofstede 1991; Schneider and Barsoux, 2003) confirm that management control is practiced differently in different parts of the world and the development of national management practices is a function of its environmental factors. Although it is hoped that globalization, technological development and improved methods will make harmonization of management control practices all over the world, it is not yet happened due to the intercultural differences among nations. The Hofstede seminal work (1980) ‘Culture’s Consequences: International Differences in Work Related Value ’is a ground breaking concept in studying those underlying cultural structures that causes differences in work related values. It triggers…...

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