Management accounting and corporate management: insights into multinational hotel companies

Mongiello, M. and Harris, P.J. 2006. Management accounting and corporate management: insights into multinational hotel companies. International Journal of Contemporary Hospitality Management. 18 (5), pp. 364-379.

TitleManagement accounting and corporate management: insights into multinational hotel companies
AuthorsMongiello, M. and Harris, P.J.
Abstract

Purpose - The aim of this paper is to provide insights into the links between managerial accounting, as a tool for monitoring and governing multinational hotel companies, and corporate management approaches.

Design/methodology/approach - The paper builds upon an extensive survey of general managers previously published by the authors, followed up with interviews and an in-depth analysis of different management scenarios in the context of multinational hotel companies.

Findings - This paper's findings suggest that "management by values" appears to be particularly adapted to multinational hotel companies, because of their organisation features, i.e. a network spread in different environments, and partially shapes the management accounting choices of performance indicators at various levels in the organisation.

Research limitations/implications - The limitations of this research would depend on the limited amount of data collected, i.e. 13 interviews, of which eight are analysed, if there were any attempt to generalise the findings.

Practical implications - Implications are both theoretical and practical: the former refer to avenues of further research being opened within this paper, the latter refer to the suggestion that managers in multinational hotel companies might begin to question their own organisations and consider reflecting upon their management approach, in light of the insights provided in this paper.

Originality/value - This paper fits with the established literature on management accounting, but also points towards new connections with the corporate management literature.

KeywordsCorporate governance, general management, hotel and catering industry, management accounting, multinational companies
JournalInternational Journal of Contemporary Hospitality Management
Journal citation18 (5), pp. 364-379
ISSN0959-6119
Year2006
Digital Object Identifier (DOI)doi:10.1108/09596110610673510
Publication dates
Published2006

Related outputs

Developing a benchmarking methodology for the hotel industry
Harris, P.J. and Mongiello, M. 2006. Developing a benchmarking methodology for the hotel industry. in: Harris, P.J. and Mongiello, M. (ed.) Accounting and financial management: developments in the international hospitality industry Butterworth Heinemann. pp. 105-133

Autonomy and control in managing network organisations: the case of multinational hotel companies
Harris, P.J. and Mongiello, M. 2006. Autonomy and control in managing network organisations: the case of multinational hotel companies. in: Harris, P.J. and Mongiello, M. (ed.) Accounting and financial management: developments in the international hospitality industry Butterworth Heinemann. pp. 423-445

Accounting and financial management: developments in the international hospitality industry
Harris, P.J. and Mongiello, M. Harris, P.J. and Mongiello, M. (ed.) 2006. Accounting and financial management: developments in the international hospitality industry. Butterworth Heinemann.

Benchmarking report in the Italian hospitality industry
Harris, P.J. and Mongiello, M. 2005. Benchmarking report in the Italian hospitality industry. London, UK University of Westminster.

Autonomy and control in network organisations: a European study on hotel companies
Mongiello, M. and Harris, P.J. 2003. Autonomy and control in network organisations: a European study on hotel companies. London, UK University of Westminster.

Dal sistema della tassa a quello della tariffa. I rischi della gestione quando lo scopo non è il profitto (From tax to price. Management contradictions in not-for profit)
Mongiello, M. and Barbato, M.B. 2001. Dal sistema della tassa a quello della tariffa. I rischi della gestione quando lo scopo non è il profitto (From tax to price. Management contradictions in not-for profit). Sinergie. 63, pp. 139-155.

Aspetti gestionali di un progetto di riutilizzo. La Scuola Grande della Misericordia (Business plan of a project to convert an artistic building in a tourist facility)
Mongiello, M. 2001. Aspetti gestionali di un progetto di riutilizzo. La Scuola Grande della Misericordia (Business plan of a project to convert an artistic building in a tourist facility). in: Gianfranco, M. and Vecco, M. (ed.) Economia del patrimonio monumentale Milan, Italy Angeli Franco Editore. pp. 101-124

Key performance indicators in European hotel properties: general managers' choices and company profiles
Harris, P.J. and Mongiello, M. 2001. Key performance indicators in European hotel properties: general managers' choices and company profiles. International Journal of Contemporary Hospitality Management. 13 (3), pp. 120-128.

Permalink - https://westminsterresearch.westminster.ac.uk/item/92697/management-accounting-and-corporate-management-insights-into-multinational-hotel-companies


Share this
Tweet
Email