ABSTRACT
This chapter discusses techno-managerial and socio-political elements of the transformations in interfirm relations and how these transformations point to a moment of strategizing the firm in terms of fostering competitive advantage through interfirm relationships. It explores the role that management accounting plays in this regard and attempts to locate the transformation in the broader neoliberal schema of change. The chapter also explores the form, process, and practice of management controls and performance management in the context of interfirm relations. It focuses on accounting innovations that have occurred in the context of interfirm relations. The chapter also discusses how all the emerging supply chain management technologies, ideologies, and concepts are hinged upon some social and institutional conditions surrounding the issues of trust and power. It shows the properties of heterarchy as a philosophical foundation for us to understand the contemporary dynamics of interfirm relations.
