The course focuses on the application of relevant management control tools to real life business cases for sustainability. Students will be enabled to critically analyze environmental, social and economic responsibility of a corporation and understand measurement problems related to these three dimensions. The course provides students with an advanced understanding of the systems and processes that underlie corporate decisions on sustainability issues. They learn to assess and develop corporate management control systems, which include the use of financial and non-financial management control instruments. Furthermore, the students will learn to include environmental and social criteria into the evaluation of investment decisions. Implicit to its learning objectives, this course also aims to improve students’ skills related to communicate ideas clearly, logically and effectively.

The course does not require a registration. Not eligible for Erasmus students.

Peer reviewed papers

• Arjaliès, D.-L./Mundy, J. (2013): The use of management control systems to manage CSR strategy: A levers of control perspective, Management Accounting Research, 24(4), 284-300.
• Dyllick, T./Hockerts, K. (2002): Beyond the business case for corporate sustainability, Business Strategy and the Environment, 11(2), 130-141.
• Gond, J. P./Grubnic, S./Herzig, C./Moon, J. (2012): Configuring management control systems: Theorizing the integration of strategy and sustainability. Management Accounting Research, 23(3), 205-223.
• Hansen, E. G./Schaltegger, S. (2016): The sustainability balanced scorecard: A systematic review of architectures, Journal of Business Ethics, 133(2), 1-29.
• Hubbard, G. (2009): Measuring organizational performance: Beyond the triple bottom line, Business Strategy and the Environment, 18(3), 177-191

Textbooks

• Burritt, R. L./Schaltegger, S./Bennett, M./Pohjola, T./Csutora, M. [Eds.] (2011): Environmental Management Accounting and Supply Chain Management, Dordrecht.
• Bhimani, A./Horngren, C. T./Datar, S. M./Rajan, M. (2015): Management and Cost Accounting, 6th Edt., Harlow.