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Management control systems of the private firms in Myanmar | |
Author | Nyein Nyein Aye |
Call Number | AIT RSPR no.SM-00-13 |
Subject(s) | Industrial management--Myanmar |
Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management |
Publisher | Asian Institute of Technology |
Series Statement | Research studies project report ; no.SM-00-13 |
Abstract | Management control systems are "guiding" devices aimed at strategy formulation and implementation of organizational plans. Formal management control systems are at the root of corporate performance, which can ensure success in the long run. In Myanmar, since over the last ten years, extensive privatization led by the government, deregulation, reinforcement of shareholder power, and emergence of new private films have resulted in important changes in the business and economics paradigms. The study examines the role of private sector in the economy, and its development in Myanmar. Although a lot of private companies are conducting their businesses in several sectors, some companies ignore the need for formal management control systems. The companies, which are led by effective management teams use formal managerial concepts, methods and systems aligned to specific strategies, and avail opportunities of emerging businesses in a more competitive environment. The study, therefore, analyzes the management control practices of private companies in Myanmar with a view to know the relationship between theories and practices in the thirty selected private companies- both foreign and Myanmar companies. In addition, in depth case study of Serge Pun and Associates (Myanmar) Company Limited has been canied out to analyze how the company implements its strategies successfully under the control of efficient management. Finally, the study provides conclusions, on the practices and processes of management control systems in private firms in Myanmar; and recommendations, to improve their performances by using more effective management control processes in coming days. |
Year | 2000 |
Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no.SM-00-13 |
Type | Research Study Project Report (RSPR) |
School | School of Management |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
Chairperson(s) | Ramachandran, N.; |
Examination Committee(s) | Truong Quang;Bechter, Clemens; |
Scholarship Donor(s) | Government of Switzerland I Swiss Development Cooperation; |
Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2000 |