- Title
- Planning and controlling of intellectual capital: the role of beyond budgeting
- Creator
- Rodrigs, Marcus; Kamil, Mushtaq
- Relation
- Corporate Ownership and Control Vol. 18, Issue 1, p. 331-345
- Publisher Link
- http://dx.doi.org/10.22495/cocv18i1siart8
- Publisher
- Virtus Interpress
- Resource Type
- journal article
- Date
- 2020
- Description
- The purpose of this study is to explore whether the adoption of Beyond Budgeting (BB) as a management accounting practice (MAP) contributes to developing intellectual capital (IC) and creating value in Iraqi companies. This requires an understanding of the views of the Iraqi managers about the nature of the information provided by this practice, which may be used to determine whether this information is relevant in the management of IC in the context of Iraq. This research aims also to explore the challenges of the adoption of the BB in planning and controlling IC in Iraq. The study adopts a qualitative approach and an interpretive paradigm. It also adopts a semistructured interview method of collecting data from executive managers and management accountants of 20 companies in the four major economic sectors in Iraq. Of the sampled participants, 90% support the adoption of the philosophy of BB for planning and controlling of IC in their organisations. In addition, they confirm that the BB philosophy is based on new techniques that can eliminate the disadvantages of traditional budgeting. This study examines the contribution of the SM in supporting, establishing, and developing IC that is lacking in the literature. This study also examines the main problem that has not been studied in the Iraqi economy, which is whether the management and development IC will create new sources of value in Iraq instead of its dependence on oil as the main source of value for the country.
- Subject
- intellectual capital; Beyond Budgeting; human capital; information capital; organisational capital
- Identifier
- http://hdl.handle.net/1959.13/1454350
- Identifier
- uon:44913
- Identifier
- ISSN:1727-9232
- Language
- eng
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