CIMA Professor of Accounting and Financial Management Director of the PhD Programme in Accounting
Research interests
Management control systems: budgeting, performance measurement and incentive systems
Corporate governance: executive compensation and internal controls
Recent publications
Books
Merchant, Kenneth, A. & Wim A. Van der Stede (2007), 'Management Control Systems: Performance Measurement, Evaluation, and Incentives' (London: Prentice Hall), Second Edition (First Edition: 2003)
Selected articles
Gibbs, Michael, Kenneth A. Merchant, Wim A. Van der Stede & Mark E. Vargus (2009), 'Performance Measure Properties and Incentive System Design, Industrial Relations, in press.
Jansen, E. Pieter, Kenneth A. Merchant & Wim A. Van der Stede (2009), National Differences in Incentive Compensation Practices: The Differing Roles of Financial Performance Measurement in The United States and The Netherlands, Accounting, Organizations & Society, in press.
Van der Stede, Wim A. (2007), 'The Pitfalls of Pay-for-Performance', Finance & Management 150, 10-13.
Levenson, Alec, Wim A. Van der Stede & Susan Cohen (2006), 'Measuring the Relationship Between Managerial Competencies and Performance', Journal of Management 32, 360-380.
Van der Stede, Wim A., Chee W. Chow & Thomas W. Lin (2006), 'Strategy, Choice of Performance Measures, and Performance', Behavioral Research in Accounting 18, 185-205.
Van der Stede, Wim A., S. Mark Young & Clara Chen (2005), 'Assessing the Quality of Evidence in Empirical Management Accounting Research: The Case of Survey Studies', Accounting, Organizations & Society 30, 655-684.
Gibbs, Michael, Kenneth A. Merchant, Wim A. Van der Stede & Mark E. Vargus (2005), 'Benefits of Evaluating Performance Subjectively', Performance Improvement Journal (May-June), 26-32
Gibbs, Michael, Kenneth A. Merchant, Wim A. Van der Stede & Mark E. Vargus (2004), 'Determinants and Effects of Subjectivity in Incentives', The Accounting Review 79, 409-436.
Hansen, Stephen C. & Wim A. Van der Stede (2004), 'Multiple Facets of Budgeting: An Exploratory Analysis', Management Accounting Research 15, 415-439.
Hansen, Stephen C., David T. Otley & Wim A. Van der Stede (2003), 'Recent Developments in Budgeting: An Overview and Research Perspective', Journal of Management Accounting Research 15, 95-116.
Van der Stede, Wim A. (2003), 'The Effect of National Culture on Management Control and Incentive System Design in Multi-Business Firms: Evidence of Intracorporate Isomorphism', European Accounting Review 12, 263-285
Merchant, Kenneth, A., Wim A. Van der Stede & Liu Zheng (2003), 'Disciplinary Constraints on the Advancement of Knowledge: The Case of Organizational Incentive Systems', Accounting, Organizations & Society 28, 251-286
Van der Stede, Wim A. (2000), 'The Relationship between Two Consequences of Budget Controls: Budgetary Slack Creation and Managerial Short-term Orientation', Accounting, Organizations & Society 25, 609-622
Merchant, Kenneth A. & Wim A. Van der Stede (2000), 'Ethical Issues of "Results-Oriented" Management Control Systems', Research on Accounting Ethics 6, 153-169
Selected book chapters
Young, S. Mark, James Gong & Wim A. Van der Stede (2009), 'Value Creation and the Possibilities for Management Accounting Research in Entertainment: The U.S. Motion Picture Industry in: Handbook of Management Accounting Research3 (Elsevier), edited by Christopher S. Chapman, Anthony G. Hopwood & Michael D. Shields, Chapter 7, in press.
Hesford, James W., Sam Lee, Wim A. Van der Stede & S. Mark Young (2007), 'Management Accounting - A Bibliographic Study' in Handbook of Management Accounting Research 1 (Elsevier), edited by Christopher S. Chapman, Anthony G. Hopwood & Michael D. Shields, Chapter 1, pp.3-26
Van der Stede, Wim A. (2005), 'Budgeting and Management Control: An Organizational Perspective' in Blackwell Encyclopedia of Accounting (Volume of Blackwell Encyclopedia of Management), edited by Cary L. Cooper, 101-106
Selected cases
Golden Parachutes (2007)
Pacific Sunwear of California, Inc. (2007)
Controls at the Bellagio Casino Resort (2006)
Diagnostic Products Corporation (2005)
Puente Hills Toyota (2004)
Southern California Edison (2004)
Superconductor Technologies, Inc. (2004)
Catalytic Solutions, Inc. (2003)
Awards and honours
Selected awards
2007 AAA Notable Contribution to Management Accounting Literature Award
2005 MBA Golden Apple Teaching Award
2002 Best Paper 9th World Congress of Accounting Educators