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Journal articles (2021), Journal of Accounting and Organizational Change, In press

The Importance of Management Control Systems for Startup Funding – Empirical Evidence from External Financiers

SCHACHEL Hanna, LACHMANN Maik, ENDENICH Christoph , BREUCKER Oliver

This study aims to examine which categories of management control systems (MCSs) in startups are most important to external financiers. Furthermore, this paper investigates how equity and debt financiers differ in their perceptions of MCS categories and examines the relevance of MCSs for their investment decisions. Link to the article

SCHACHEL, H., LACHMANN, M., ENDENICH, C. and BREUCKER, O. (2021). The Importance of Management Control Systems for Startup Funding - Empirical Evidence from External Financiers. Journal of Accounting and Organizational Change, In press.

Keywords : #Entrepreneurship, #strategic-planning, #management-control-systems, #venture-capital, #startup, #investment-decisions, #debt-financiers