TY - JOUR A1 - Rötzel, Peter A1 - Pedell, Burkhard A1 - Groninger, Daniel T1 - Information load in escalation situations: combustive agent or counteractive measure? JF - Journal of Business Economics N2 - This experimental study analyzes how a key factor, information load, influences decision making in escalation situations, i.e., in situations in which decision mak- ers reinvest further resources in a losing course of action, even when accounting information indicates that the project is performing poorly and should be discontin- ued. This study synthesizes prior escalation research with information overload and investigates how different levels of information load influence the escalation of com- mitment. Our findings reveal a U-shaped effect of information load: When decision makers face negative feedback, a higher information load mitigates the escalation tendency up to a certain point. However, beyond this point, more information rein- forces the escalation tendency. Moreover, we find that the type of feedback affects self-justification, and we find a negative and significant interaction between informa- tion load and self-justification in negative-feedback cases. Thus, studies investigat- ing escalation of commitment should control for self-justification and information load when utilizing high levels of information load. Finally, in the positive-feedback condition, higher information load encourages decision makers to continue promis- ing courses of action, i.e., increases decision-making performance. KW - Informationsüberlastung Y1 - 2020 VL - 2020 IS - 90/4 SP - 757 EP - 786 ER - TY - CHAP A1 - Pedell, Burkhard A1 - Rötzel, Peter A1 - Seethamraju, Ravi T1 - Information load, escalation of commitment and culture - an experimental study T2 - Proceedings of the 23rd Americas Conference on Information Systems (AMCIS) N2 - This study analyzes how information influences decision making in escalation of situations. In those situations decision makers follow a losing course of action and invest further resources even when accounting information indicates that the project is performing poorly and should be discontinued. We conducted two experiments with Chinese participants and used a replication of Staw's (1976) often cited case. Our study investigates how different levels of information load influence escalation of commitment of Chinese participants. Contrary to the prior findings in Germany, we find that Chinese decision makers do not escalate when facing different levels of information load. These results, in light of prior studies that find a comparatively strong escalation tendency of Chinese decision makers, are explained along with the limitations and further research. Abstract This study analyzes how information influences decision making in escalation of situations. In those situations decision makers follow a losing course of action and invest further resources even when accounting information indicates that the project is performing poorly and should be discontinued. We conducted two experiments with Chinese participants and used a replication of Staw's (1976) often cited case. Our study investigates how different levels of information load influence escalation of commitment of Chinese participants. Contrary to the prior findings in Germany, we find that Chinese decision makers do not escalate when facing different levels of information load. These results, in light of prior studies that find a comparatively strong escalation tendency of Chinese decision makers, are explained along with limitations and further research. KW - Information load KW - culture KW - escalation of commitment KW - experiment KW - Informationsverhalten KW - Eskalation KW - China Y1 - 2017 UR - https://aisel.aisnet.org/amcis2017/AccountingIS/Presentations/6/ IS - 6 ER - TY - JOUR A1 - Haupenthal, Markus A1 - Pedell, Burkhard A1 - Rötzel, Peter T1 - Verknüpfung von Ideen- und Innovationsmanagement: Empirische Untersuchung der Performance-Wirkung und Ableitung von Gestaltungsansätzen JF - Controlling N2 - Der Beitrag stellt mögliche Vor- und Nachteile einer Verknüpfung von Ideen- und Innovationsmanagement gegenüber und zeigt anhand einer empirischen Analyse die Auswirkungen dieser Verknüpfung auf zentrale Performance-Maße des Ideenmanagements. Des Weiteren wird eine mögliche Ausgestaltung der Schnittstelle zwischen Ideen- und Innovationsmanagement entwickelt und diskutiert. KW - Innovationsmanagement KW - Vorschlagswesen Y1 - 2013 U6 - https://doi.org/https://doi.org/10.15358/0935-0381_2013_3_150 VL - 25 IS - 3 SP - 150 EP - 157 ER - TY - JOUR A1 - Rötzel, Peter A1 - Stehle, Alexander A1 - Pedell, Burkhard A1 - Hummel, Katrin T1 - Integrating environmental management control systems to translate environmental strategy into managerial performance JF - Journal of Accounting & Organizational Change N2 - Abstract Purpose This study aims to investigate the role of environmental management control systems as mechanisms to translate environmental strategy into environmental managerial performance. Design/methodology/approach Based on survey data from 218 firms, the authors test a structural equation model. Findings The results show that environmental management control systems mediate the relationship between environmental strategy and environmental managerial performance. Moreover, the level of integration between regular and environmental management control systems significantly impacts the relationship between environmental management control systems and environmental managerial performance. Therefore, environmental management control systems are important mechanisms to translate environmental strategy into managerial performance, and a high level of integration can reinforce this role. Research limitations/implications The typical shortcomings of survey-based research apply to this study. Originality/value While previous research focuses primarily on environmental performance at the organizational level, this study addresses individual managerial performance with regard to environmental outcomes. In addition, the authors investigate how the level of integration between regular and environmental management control systems influences the relationship between environmental strategy and environmental managerial performance as well as the mediating role of environmental management control systems. KW - Managerial behavior KW - Environmental Accounting KW - Management control system KW - Survey data KW - Structural equation modeling KW - Umweltbezogenes Management Y1 - 2019 U6 - https://doi.org/https://doi.org/10.1108/JAOC-08-2018-0082 VL - 2015 IS - 4 SP - 626 EP - 653 ER - TY - JOUR A1 - Fehrenbacher, Dennis A1 - Rötzel, Peter A1 - Pedell, Burkhard T1 - The Influence of Culture and Framing on Investment Decision-Making: The Case of Vietnam and Germany JF - Cross Cultural & Strategic Management N2 - Abstract Purpose Cultural studies in business and economics research are still limited to particular cultures. Knowledge on cultural differences may help international corporations to adapt management practices according to the markets they are operating in. The purpose of this paper is to study the issue of escalation of commitment and framing in a new cultural setting involving Germany and Vietnam. This setting is unique and particularly interesting, for Germany being the biggest European market and Vietnam being one of the fastest growing emerging markets in Asia. Design/methodology/approach The authors use a lab experiment with student participants from Germany and Vietnam. Findings In a 2×2 in between-experiment, the authors find strong support that Vietnamese participants have a stronger tendency to invest additional resources and evidence that negatively framed information leads to the higher escalation of commitment. Implications are discussed. Originality/value The unique empirical comparison is important because differences between other western and eastern countries do not necessarily generalize to the setting. KW - Framing KW - Escalation of commitment KW - Lab experiment KW - Investment decision-making KW - Investitionsentscheidung KW - Vietnam Y1 - 2018 U6 - https://doi.org/10.1108/CCSM-10-2017-0139 VL - 25 IS - 4 SP - 763 EP - 780 ER - TY - JOUR A1 - Pedell, Burkhard A1 - Rötzel, Peter T1 - Studie "Auswirkungen der Anreizregulierung auf die deutsche Elektrizitätswirtschaft", Energiewirtschaftliche Tagesfragen JF - Controlling KW - Elektrizitätswirtschaft KW - Regulierung KW - Anreiz Y1 - 2010 VL - 60 IS - 1 SP - 38 EP - 41 ER - TY - JOUR A1 - Keller, Oxana A1 - Pedell, Burkhard A1 - Rötzel, Peter A1 - Tondock, Roy T1 - Risikoorientiertes Regulierungscontrolling bei Stromnetzbetreibern im Kontext der Anreizregulierung JF - Betriebswirtschaftliche Forschung und Praxis N2 - Die Ausgestaltung des Regulierungssystems hat einen wesentlichen Einfluss auf die Geschäftsstrategie und die Funktionsbereiche von regulierten Unternehmen. Besonders deutlich zeigt sich dies bei einem vollständigen Systemwechsel, wie er kürzlich mit der Einführung der Anreizregulierung in der deutschen Stromwirtschaft vollzogen wurde. Der vorliegende Beitrag untersucht die Auswirkungen auf die regulierten Unternehmen auf Basis einer Befragung und zeigt auf, dass der Wechsel des Regulierungssystems zu deutlichen Reaktionen hinsichtlich Risikoeinschätzung, Geschäftsstrategie und Investitionsverhalten geführt hat. Besonders starken Veränderungen sind die Funktionsbereiche Regulierungsmanagement und Controlling unterworfen. Aufbauend auf diesen empirischen Ergebnissen entwickelt der Beitrag Ansätze für ein risikoorientiertes Regulierungscontrolling. KW - Elektrizitätswirtschaft KW - Regulierung KW - Anreiz Y1 - 2013 VL - 65 IS - 4 SP - 339 EP - 356 ER - TY - CHAP A1 - Rötzel, Peter A1 - Pedell, Burkhard T1 - The Benefit of Management Accounting in Idea Management Systems: Evidence from German Industries T2 - 34 th Annual Congress of the European Accounting Association, Rome-Siena, 20-22 April 2011 KW - Management Accounting KW - Innovationsmanagement Y1 - 2011 ER - TY - CHAP A1 - Pedell, Burkhard A1 - Rötzel, Peter T1 - Management Accounting Education in the Public Sector: An Empirical Investigation of Competence Profiles, Assessment of Accounting Tools and Demand for Management Accounting Support T2 - 33rd Annual Congress of the European Accounting Association, Istanbul, 19-21 May 2010 KW - Management Accounting KW - Öffentlicher Sektor Y1 - 2010 ER - TY - CHAP A1 - Rötzel, Peter A1 - Pedell, Burkhard T1 - Incentive Regulation's Effects on Electricity Companies' Management, Processes, and Organisation: Evidence from the German Electricity Sector T2 - 9th Conference on Applied Infrastructure Research, Berlin, 8-9 October, 2010 KW - Elektrizitätswirtschaft KW - Elektrizitätsversorgungsnetz KW - Regulierung KW - Anreiz Y1 - 2010 ER - TY - CHAP A1 - Pedell, Burkhard A1 - Rötzel, Peter T1 - § 7 Strukturelle Separierung BT - Kommentar T2 - Telekommunikationsgesetz KW - Deutschland Telekommunikationsgesetz 2004 Y1 - 2018 SN - 978-3-406-62086-7 ER - TY - CHAP A1 - Rötzel, Peter A1 - Pedell, Burkhard T1 - The Effect of Relative Performance Information on Creative Performance and Effort Allocation in a Multi-Task-Enviroment: Evidence from Experimental Research with Creativity-Based Pay and Real-Time Feedback T2 - ENEAR Conference KW - Leistungslohn Y1 - 2019 ER - TY - CHAP A1 - Rötzel, Peter A1 - Pedell, Burkhard T1 - Incentive Regulation, Perceived Uncertainty, Investment Behavior, and Coporate Management: Evidence from the German Electricity Sector T2 - 40th EARIE Annual Conference - Évora, Portugal | 30 August – 1 September 2013 KW - Elektrizitätswirtschaft KW - Investitionsverhalten KW - Management Y1 - 2013 ER - TY - CHAP A1 - Pedell, Burkhard A1 - Rötzel, Peter T1 - § 24 Getrennte Rechnungsführung BT - Kommentar T2 - Telekommunikationsgesetz KW - Deutschland Telekommunikationsgesetz 2004 Y1 - 2018 SN - 978-3-406-62086-7 ER - TY - CHAP A1 - Weber, Maximilian A1 - Pedell, Burkhard A1 - Rötzel, Peter T1 - Resilience-Oriented Management Control Systems as a Translation Mechanism of Resilience Strategy into Managerial Action—A Systematic Review T2 - 45th Annual Congress of the European Accounting Association KW - Management KW - Kontrollsystem KW - Resilienz Y1 - 2023 VL - 2023 IS - 45 SP - 1 EP - 43 ER - TY - JOUR A1 - Weber, Max M. A1 - Pedell, Burkhard A1 - Rötzel, Peter T1 - Resilience-oriented management control systems: a systematic review of the relationships between organizational resilience and management control systems JF - Journal of Management Control N2 - Organizations regularly face serious challenges due to pandemics, recessions, and financial crises. One reason some organizations cope better than others may be that their management control systems (MCSs) more effectively foster organizational resilience. Despite considerable literature on MCSs and organizational resilience, there is a lack of research on the impact of an MCS’s use on organizational resilience. This study examines and bridges the literatures on MCSs and organizational resilience to illuminate how organizations can better cope with adversity. To identify potential relationships between management controls, MCSs, and organizational resilience, we systematically review the literature and perform a content analysis. We examine the relationships between organizational resilience measures, capabilities, and management controls. We propose the use of resilience-oriented management controls and discuss whether organizations can increase their resilience by building resilience-oriented MCSs. Based on Simons’s levers of control framework and Duchek’s capability-based conceptualization of organizational resilience, we develop a conceptual organizational resilience/MCS framework. Our study reveals relationships and gaps between the literatures on MCSs and organizational resilience and proposes avenues for future research. Our findings suggest that resilience-oriented MCSs are beneficial to organizational resilience. KW - Management KW - Kontrollsystem KW - Resilienz Y1 - 2024 U6 - https://doi.org/10.1007/s00187-024-00385-2 SN - 2191-4761 PB - Springer Science and Business Media LLC ER -