Multiple facets of budgeting: an exploratory analysis

Hansen, Stephen C.; Stede, Wim A. Van der

doi:10.1016/j.mar.2004.08.001

Cited by 277 publications

(323 citation statements)

References 47 publications

(74 reference statements)

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“…Overall, given the final score of 1071 points versus 833 points, it is apparent that the positives of budgeting outweigh the negatives. This outcome corresponds to the results reported by Marginson and Ogden (2005), Hansen and Van der Stede (2004), Ahmad, Sulaiman, and Alwi (2003), and Sandalgaard (2012). Hence, Macedonian commercial entities perceive budgets as a valuable management accounting method to implement and use, which confirm hypothesis two of this research.…”

Section: Business and Economic Researchsupporting

confidence: 88%

The Advantages of Budgets: A Survey of Macedonian Legal Entities

Stevcevska-Srbinoska

2018

BER

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By surveying legal entities headquartered in the FYR Macedonia, this research investigates the relationship between entity size, the independent variables and the adoption of budgeting, the dependent variable. The study also looks at the perceived advantages and disadvantages of budgeting. In order to obtain basis for the field research, existing literature and empirical results were examined. Then, a survey was carried out by contacting managers and finance staff from the manufacturing, merchandising and service segments. The field data came from a sample of 52 respondents, forming a response rate of 61 percent. The empirical findings indicate that the advantages of using budgets far outweigh the disadvantages and that Macedonian enterprises do not consider using other planning tools as alternative to budgets. Furthermore, the questionnaire demonstrated that there is a positive relationship between company size and the adoption of budgeting practices. This research suggests that budgeting deserves further study given its massive use as a management control tool.

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Section: Business and Economic Researchsupporting

confidence: 88%

The Advantages of Budgets: A Survey of Macedonian Legal Entities

Stevcevska-Srbinoska

2018

BER

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“…This indicates that the operational roles that are commonly used in organizations as a basic requirement (Hansen and Van der Stede, 2004;Spekle and Verbeeten, 2014) are actually only a formality in the performance of work obligations. The role does not have a special purpose designed to improve performance and the achievement of organizational outcomes.…”

Section: Conclusion and Discussionmentioning

confidence: 99%

“…The operational use involves operational planning (including the use of performance metrics for the preparation of performance), budget allocation, process monitoring, and the provision of information. Some studies suggest that this role is commonly used within an organization as a basic requirement (Hansen and Van der Stede, 2004;Spekle and Verbeeten, 2014). Hansen and Van der Stede (2004) in their research found that operational planning, performance evaluation, and strategy formulation have positive impacts on the performance of organizational units.…”

Section: The Use Of Performance Measurement Systemsmentioning

confidence: 99%

The Relationship Between the Use of a Performance Measurement System, Organizational Factors, Accountability, and the Performance of Public Sector Organizations

Ahyaruddin

Akbar

2016

JIEB

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“…The variables; implementation of ABC and company size was measured using a five item scale adapted from Elhamma (2012). As for the external environment, a five item scale was adapted from Hansen and Van der Stede (2004). A five item scale for cost saving mechanisms was adapted from Cagwin and Bouwman (2002).…”

Section: Methodsmentioning

confidence: 99%

Factors Influencing the Implementation of Activity-Based Costing: A Study on Malaysian SMEs

Nair¹,

Tan²

2018

IBR

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Literature has indicated that factors such as--the external environment, cost saving mechanisms, user attitude and company size--may have an effect on the implementation of activity-based costing (ABC). Furthermore, literature has revealed that there is still lack of research on the effect of these factors on the implementation of ABC among small and medium sized enterprises (SMEs) in Malaysia. As such the aim of this research is to test the relationships of these factors on the implementation of ABC among SMEs in Malaysia with the aim of contributing to existing research on the ABC system in the area of management accounting. A total of 200 respondents participated in this research. The results of the study revealed that all four factors; the external environment, cost saving mechanisms, user attitude and company size have significant relationships with the implementation of ABC among SMEs in Malaysia.

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Multiple facets of budgeting: an exploratory analysis

Cited by 277 publications

References 47 publications

The Advantages of Budgets: A Survey of Macedonian Legal Entities

The Advantages of Budgets: A Survey of Macedonian Legal Entities

The Relationship Between the Use of a Performance Measurement System, Organizational Factors, Accountability, and the Performance of Public Sector Organizations

Factors Influencing the Implementation of Activity-Based Costing: A Study on Malaysian SMEs

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