A lot of firms do not use capital expenditure reviews. The article sheds light on the factors influencing the use of capital expenditure reviews by studying how these reviews relate to other management control systems (MCS) and organizational factors. Contrary to earlier research in a Finnish context, the findings suggest that capital expenditure reviews exhibit complementary relations with other MCS.
LINDER, S. (2012). Subsitutiv oder Komplementär? Zum Verhältnis der Investitionskontrolle zur Unternehmensorganisation und anderen Controllinginstrumenten. Controlling, pp. 633-638.