Assessment and Prioritize Risk Factors of Financial Measurement of Management Control System for Production Companies Using a Hybrid Z-SWARA and Z-WASPAS with FMEA Method: A Meta-Analysis

Round 1

Reviewer 1 Report

The topic of the paper is interesting because at present the influence of risk factors of financial measurement of the management system for manufacturing companies is important in relation to sustainability. In connection with the results, I recommend identifying the risks arising from the subject of business in the surveyed company, as there may be specifics that may affect the results.
In general, I would recommend linking these specific risks to the results and making identification of recommendations that may not be universal for all manufacturing companies.
The methodology seems fine.
Following the identified constraints, a proposal for future research can be derived that would contribute to research in this area and it is appropriate to extend the contribution accordingly.

Author Response

Please see the attachment.

Author Response File: Author Response.pdf

Reviewer 2 Report

The essay proposes a hybrid assessment framework based on Z-WASPAS and Z-SWARA methods to assess the risk factors pf financial measurement of management control system for production companies.Authors need to revise the manuscript according to the following comments for enhancing the readability of the manuscript:

1. The research motivations of the research are unclear. The literature overview of Z-number,SWARA, WASPAS method  should be developed, and the research motivations should be given after analyzing the extant literature;
2. The explain of the notions in Eq.(3-4) should be given in detailed;
3. Several operations and defuzzification function of Z-number theory should be provided as preliminaries for readers understand the method better.
4. Aiming the part of Z-number theory: author should add the citation of Z-number and the transformation of Z-numbers;
5. A algorithm flowchart of the proposed hybrid method should be provided for aiding reader to know about the assessment framework;
6. The introduction should be rewritten and deleted several unnecessary references.
7. The linguistic quality of the essay need to be polished and several grammar mistakes need to be revised in the full context;
8. The comparison analysis of the manuscript should add several comparison analysis with different weight determination approach and decision methods.
9. The limitations of the proposed method should be discussed in Conclusion.

Author Response

Please see the attachment.

Author Response File: Author Response.pdf

Reviewer 3 Report

Please provide the text of the analysis: spelling, punctuation, stylistics. The authors wrote that: "In sum, market or industry changes is the primary cause of risk in businesses, according to FMEA methodology and the opinions of three professionals." It has long been known that exogenous factors influence business risk. This observation is not revealing. Moreover, the authors wrote: "In this paper, we evaluate the relationship between business strategy and management control system and their influences on financial performance measurement of a manufacturer". There is no reference to this finding in the abstract. Later in the article, the authors describe the relationship between management's control and planning functions. The authors state, among other things, "In other words, the formal control system is among the most significant internal structures for achieving organizational objectives and executing plans". Management control is not just about control. The audit is not only about whether organizational goals have been achieved and plans have been made. It is also used to determine if the plan and goals have been set correctly. Later, the authors, fortunately, point to a much broader and newer scientific perception of the essence of management control and not reducing it only to control.

The article lacks a precisely defined research gap, a research problem. The authors describe these issues in many places, but in a way that requires the reader to guess what the authors meant.  The authors wrote: "The number of employees was unknown". It is hard to imagine how employees might not be known. It is first determined in research, for example, based on the analysis of personal files or payroll. Further issues require clarification. What are the factors in the financial management control system? Are there qualitative and quantitative factors in the financial management control system? It is also difficult to clearly see the impact of the survey research on the scope and goals of the research formulated by the authors. I believe that the article should be significantly organized in terms of presenting the findings.

Author Response

Thank you for taking the time to review our paper and share your valuable comments. We have made significant revisions in the text; we revised the following sections: the introduction, methods, results, and conclusion of the paper. Please see the revised article with highlighted modifications.

Round 2

Reviewer 2 Report

The paper has been revised well according to the reviewers' comments. However, several minor limitations such as the symbols and tables should be adjusted and make them conise.  After revising the mentioned minor revisions and detailed check, the paper can be considered to publish.

Author Response

Dear Reviewer 2,

Thank you for your valuable suggestion. In the manuscript, we have adjusted the symbols and tables based on your comments

Reviewer 3 Report

Risk factors are associated with crisis management, although this connection is not always visible. Crisis management is in crisis which has been noticeable in recent months. During literature review I have found the article entitled: After COVID-19. Reorientation of crisis management in crisis. Please consider whether these findings are helpful for your study. The choice is yours, of course. Generally, I accept your improvements. Good luck and happy New Year to you. Please check the text from the English language requirements. I have noticed some errors. 

Author Response

Dear Reviewer 3,

Thank you for your valuable suggestions. In the manuscript, we have added some literature reviews based on your concerns in the section. Also, the paper has been re-examined in terms of grammar and editing. We have uploaded the revision of the manuscript herewith for your kind consideration. 

This manuscript is a resubmission of an earlier submission. The following is a list of the peer review reports and author responses from that submission.