Ouditering van bestuursdoeltreffendheid- Watter norm? Watter benadering?
educational resource
posted on 2024-11-18, 15:27authored byInaugural addresses
Inaugural lecture--Department of Accounting, Rand Afrikaans University, 31 October 1974@@Profit seems to be the obvious norm for the purpose of judging management's efficiency. But what profit? Short term or long term profit? Long term profit expectation becomes a rather subjective norm. Then there is the question of risk. Profit is sometimes a function of risk, which cannot be ignored in judging management. Profit, as a norm, is based on the microeconomic approach to management. But there are other approaches, particularly the behavioral science approach and the better known functional approach. These three approaches, and a few practical implications of each, are considered in this short address.
History
Date of creation
2009-05-13
Date submitted to repository
1974-10-31
Copyright information
University of Johannesburg
Original repository
Vital
Language Translation
Auditing of management's efficiency- Which norm? Which approach?