STUDY OF MANAGEMENT CONTROL SYSTEM IN SELECTED PUBLIC SECTOR ENTERPRISE IN MADHYA PRADESH STATE
Lawson Tonye
Research Scholar, Department of Management, Himalayan University, Itanagar, Arunachal Pradesh
Dr. Sapna Bansal
Research Supervisor, Department of Management, Himalayan University, Itanagar, Arunachal Pradesh
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The effectiveness of management control systems (MCS) in public sector enterprises (PSEs) is crucial for achieving organizational goals and ensuring efficient resource utilization. This study explores the management control systems in selected public sector enterprises in Madhya Pradesh, India. The research aims to understand the design, implementation, and impact of MCS in these enterprises, focusing on how they contribute to organizational performance, accountability, and transparency. The study employs a mixed-methods approach, combining qualitative interviews and quantitative surveys to gather comprehensive data. The findings reveal that while MCS frameworks are in place, their effectiveness varies significantly across different enterprises, influenced by factors such as leadership, organizational culture, and external pressures.
Keywords: Management Control Systems; Public Sector Enterprises; Organizational Performance; Accountability; Transparency
References
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