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The Controllability of Financial Outcomes
Author(s) -
HIRST MARK
Publication year - 1983
Publication title -
abacus
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.632
H-Index - 45
eISSN - 1467-6281
pISSN - 0001-3072
DOI - 10.1111/j.1467-6281.1983.tb00237.x
Subject(s) - controllability , dysfunctional family , task (project management) , control (management) , actuarial science , finance , accounting , psychology , business , economics , computer science , clinical psychology , mathematics , artificial intelligence , management
Accounting performance measures that capture results not controlled by the person being evaluated may be dysfunctional. The aim of this paper is to provide a framework for identifying situations in which outcomes are captured by such measures as are more (less) likely to be controllable. Results of a questionnaire survey support the claim that as task uncertainty increases, individuals perceive less control over financial outcomes.