Einsatz und Wirkung von Target Costing in deutschen Unternehmen

Knauer, Thorsten; Möslang, Katja

doi:10.15358/0935-0381-2015-3-160

Cited by 1 publication

(1 citation statement)

References 1 publication

(1 reference statement)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…For example, Kajüter (2005) demonstrates that firms achieve their cost-management goals more readily if they combine cost-management instruments such as LCC, target costing, benchmarking and ABC. Further studies particularly emphasize the relationship between LCC and target costing (Knauer and Möslang, 2015). For example, Schmidt (2000) developed the concept of “life cycle target costs”, which determines target costs and considers all life cycle costs, including upfront and follow-up costs.…”

Section: Theory and Hypothesis Developmentmentioning

confidence: 99%

The adoption and benefits of life cycle costing

Knauer

Möslang

2018

JAOC

Self Cite

View full text Add to dashboard Cite

Purpose Although life cycle costing (LCC) is well established in theory and practice, little is known about the conditions of its adoption and its impact on the achievement of cost-management goals. Therefore, this paper aims to analyze the adoption and benefits of LCC. Design/methodology/approach The analyses are based on questionnaires collected from a survey of German firms. Findings The results demonstrate that the extent of LCC adoption is positively associated with the extent of guarantee and warranty costs, voluntary upfront and follow-up costs for ecological sustainability and the extent of target costing adoption. In contrast, the extent of LCC adoption is negatively associated with the amount of precursors and/or intermediates that are purchased. The results also demonstrate that firms perceive LCC to be beneficial for various aspects of cost management. Firms report that the greatest benefit of LCC is related to the identification of cost drivers. Research limitations/implications This investigation provides a starting point for future studies of the conditions of LCC adoption and the benefits of LCC. This study is subject to limitations, particularly with respect to the operationalization of our independent variables, the number of contextual variables and the general limitations of survey research. Practical implications The results inform practitioners of the situations in which it is most appropriate to adopt LCC. In addition, this study identifies various cost-management goals that are supported by the use of LCC. Originality/value This study provides the first comprehensive analysis of the conditions of LCC adoption and advances the literature regarding the impact of LCC on the achievement of cost-management goals. Furthermore, this study provides a starting point for future research into the implementation of LCC and the effects of LCC on management accounting practices.

show abstract

Section: Theory and Hypothesis Developmentmentioning

confidence: 99%