Greatest Potential Impact on Management Accounting Award given at AAA Management Accounting Section’s mid-year meeting
Scottsdale, Arizona — The Association of International Certified Professional Accountants (the Association) and the Management Accounting Section of the American Accounting Association (AAA), have honored four professors for their research on the effect of narcissism on management control systems.
S. Mark Young of the University of Southern California, Fei Du of the University of Hong Kong, Kelsey Kay Dworkis of the University of Denver, and Kari Joseph Olsen of Utah State University, were presented with the 2018 Greatest Potential Impact on Management Accounting Practice Award. Their paper, “It's All about All of Us: The Rise of Narcissism and Its Implications for Management Control System Research” explores the root of the personality disorder and how increased levels of employee narcissism can affect the design and performance of management control systems. The research is the first to include an integrated framework which has implications for both research and practice.
The award is sponsored by the Association, the new global organization formed by members of the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA). It is given on behalf of the Chartered Global Management Accountant (CGMA) designation which was created in 2012 by the AICPA and CIMA to recognize and develop a unique group of management accountants who have reached the highest benchmark of quality and competency.
Wim A.Van der Stede, CIMA Professor of Financial Management, Head of Department of Accounting, London School of Economics, presented the award, which includes a $2,000 stipend, at the 2018 AAA Management Accounting Section’s mid-year meeting in Scottsdale, Ariz.
“The work by these professors provides organizations with valuable insights about the effects of employee personality traits on controls,” said Van der Stede. “This research further highlights the importance of management accountants in establishing effective controls that take organizational behaviour into account.”
The Greatest Potential Impact on Management Accounting Practice Award recognizes academic research considered to most likely have a significant impact on management accounting. Eligible papers must have been published within the previous five years and submitted by the authors, or nominated by peers.