Management Control Performance in Moroccan Public Equities

Abstract

The objective of this scientific contribution was to validate our reticular meta-model of Performance of Management Control (PCDG) and its expanded influence on Social and Environmental Performance (PSE). To achieve this objective, we were able to propose to analyze and measure the performance of public equities by the Method of Structural Equations (MES) in order to validate the meta-model of the Performance of Management Control (PCDG) and its broader influence on Social and Environmental Performance (PSE) as well as the underlying assumptions on which our research is based. In this context, our model has been tested with 44 public equities in Morocco. The predictive vocation of our model, its structural relations and the reflective nature of our constructs led us to retain the Partial Least Squares (PLS) method in order to validate our meta-model of research. Finally, from this empirical tool, it was possible to explain a meta-model of the management of the decision-making management 2.0 of the public equities of Casablanca Stock Exchange and its multiple positive externalities : Relevancy, Utility, Economy, Efficiency and Effectiveness. The various tests carried out rigorously, through the longitudinal survey conducted with Moroccan public equities, relevance and robustness of the Methods and Meta-models of Performance Steering.

Keywords: Management Control - Management Control Decision 2.0 – Sustainable Development – Social and Environmental Responsibility (CSR) – Methods and Meta-Models – Performance Steering – Performativity - Public Equities – Casablanca Stock Exchange (BVC) – Relevancy – Utility - Economy – Efficiency – Effectiveness – Management Control Performance – Social and Environmental Performance –Moroccan All Shares Index.