Purpose The purpose of this paper is to examine how a state-owned Colombian multi-utility conglomerate (CMC) has used management accounting practices (MAPs) shape efficiency. authors bring out the interplay between structures and agency in process shaping efficiency, which enabled company operate as private enterprise, taking advantage NPM-led reforms technologies. Design/methodology/approach T...

Design of contracts that define firm, and their accounting systems depend on the conditions in the firm’s factor and product markets. We examine the fundamental difficulty of defining and developing "uniform" accounting for diverse economic environments across countries and compare the differences in conditions prevailing in some key markets in Japan and the United States. There are important d...