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Quasi-Institutional Formation Of A Control Environment After The Example Of The Bulgarian Brewery Industry

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  • EMIL PAPAZOV
  • LYUDMILA MIHAYLOVA

Abstract

The development of a modern management science is accompanied by clarification of a number of views and formulations. Some of them are related to the issues of management control and particularly to its strategic aspect, based on shared values and ethical standards. The purpose of this paper is to broaden the understanding of the control environment as part of the system of strategic corporate control. In particular, it offers an extension of its scope with the ethical norms and values formed on a quasi-institutional (branch) level after the example of a particular sector from the Bulgarian industrial reality – the brewery industry. The study contributes to better understand the role and the place of the meaningful self-regulation as a management philosophy and a way of doing business in traditional (from a development point of view) activities.

Suggested Citation

  • Emil Papazov & Lyudmila Mihaylova, 2012. "Quasi-Institutional Formation Of A Control Environment After The Example Of The Bulgarian Brewery Industry," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 132-136, November.
    • Handle: RePEc:rom:mancon:v:6:y:2012:i:1:p:132-136
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    File URL: https://conference.management.ase.ro/archives/2012/pdf/15.pdf
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    Cited by:

    1. Emil PAPAZOV & Lyudmila MIHAYLOVA, 2014. "LINKING ACCOUNTING INFORMATION WITH BUSINESS PLANNING IN BULGARIAN SMEs," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(1), pages 321-327, November.

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