For decades many researchers have studied companies’ crisis and insolvency forecasting based on economic and financial indexes. However, little attention has been devoted to companies’ organisational structure in setting up favourable conditions in which firms can continue their activities without having to initiate an alert procedure as well as effectively achieve the objectives forecasted. This is even more important when considering the introduction of Legislative Decree N. 14/2019, which underlines the importance of implementing a structure suitable for guaranteeing a company’s development. This study aims to investigate whether organisational, administrative and accounting structures affect business continuity and planning effectiveness. To this end, the study has adopted a quantitative approach. This paper provides insights into a new management control approach. SMEs should adopt a more structured management approach, driven by an effective company information system able to timely detect the emergence of a crisis and the uncertainty of business continuity.
Keywords: Business continuity, Planning effectiveness, Management accounting practices, Small and medium-sized enterprises, Corporate crisis
Sgrò F., Palazzi F, Ciambotti M. (2022). Business continuity and planning effectiveness: An empirical analysis on Italian manufacturing SMEs, Management Control, 3, pp 89-108. Doi: 10.3280/MACO2022-003005.
