Download or read book Management Accounting Systems and Institutionalization in Medium-Sized and Large Family Businesses - Empirical Evidence from Germany and Austria written by Herbert Neubauer and published by . This book was released on 2013 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article examines differences between family and non-family businesses with regard to the manifestation of management accounting systems and addresses the question of whether business size or the differentiation of family vs. non-family businesses is the dominant influencing factor in the formalization of management accounting and the use of the corresponding tools.The findings of the empirical study presented in the article show that the size of the business is the main factor in the implementation of management accounting and the use of the corresponding tools. The difference in business structure (family or non-family business) represents an additional influencing factor.Based on its multi-country perspective (Germany and Austria) as well as the integration of differing reference theories (contingency and systems theory as well as principal-agent and stewardship theory), the article presents well-grounded insights which enhance our understanding of management accounting in medium-sized family businesses.