For this purpose, management accounting is conceived
as a routine, and potentially institutionalized, organizational practice. By institutionalized,
we mean that management accounting can, over time, come to underpin the
‘taken-for-granted’ ways of thinking and doing in a particular organization (see
Mouritsen, 1994).’ Thus, our concern with management accounting as an institution
within the individual organization contrasts with existing ‘new’ institutional sociology
research in accounting, which predominately focuses on the effects of extra-organizational
institutions (social, economic and political) on the accounting practices of
organizations more generally