期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2022
卷号：4
期号：2
页码：350-364
DOI：10.35629/5252-0402169172
语种：English
出版社：IJAEM JOURNAL
摘要：The study examined the nexus between management control systems and organisational sustainability (measured by environmental sustainability and economic sustainability) of petroleum tank farms in South-South, Nigeria. The stakeholder theory and the moral responsibility theory of corporate sustainability underpinned the study. The underlying philosophical paradigm is positivism. A cross-sectional survey was adopted and primary data was generated through the use of questionnaire. From a population of 820 middle and top level managers, the Krejcie& Morgan’s formula was used to determine an adjusted sample size of 288 respondents. Structural Equation Modelling was deployed to test the hypotheses at 0.05 significance level. The results revealed that management control systems has positive and significant relationships with the measures of organisational sustainability.The findings of this study reinforces the theoretical assertions of the stakeholder theory and the moral responsibility theory of corporate Sustainability, by measuring and validating a model which captures the structural affinity between management control systems and organisational sustainability. Therefore, it is recommended that management of petroleum tank farms should put in place mechanisms to enhance management control systems, by using performance evaluation to provide feedback for learning and continuous improvement, ensuring that formalized performance evaluations are conducted regularly, using predetermined criteria in evaluating and compensating employees performance, having a flexible management control systems package to aid quick response to changes in the markets, rewarding or correcting employees based on rigorous measurements of business performance and using management control systems in order to make decision when encountering problems that are unstructured.
关键词：Management Control Systems;Organisational Sustainability;Petroleum Tank Farms;Environmental Sustainability;Economic Sustainability
