Exploring different perspectives of management control for sustainability

Accounting has a prominent role in governing modern societies, influencing the operations of institutions and markets, and the ways social, economic, and environmental responsibilities of individuals and organizations are formed. As such, it has great potential in addressing environmental, social and governance (ESG) concerns and influencing how organizations and societies operate. This chapter suggests perspectives for management control systems, delineating different ways sustainability agendas materialize in management and reporting practices. The chapter looks at three perspectives, namely the compliance, critical, and managerial perspective, through which accounting for sustainability have been studied and motivated within organizations. These involve different starting points for the narratives of sustainability and management control practices within organizations. Arguments are put forward for how these perspectives influence the ways sustainability agendas materialize in accounting practices and how they shape managerial reporting and sustainable development in general.