Budget effectiveness in multinational companies: An empirical examination of environmental interaction on cognitive and affective effects of two dimensions of budgetary participation
1993 (English)In: Scandinavian Journal of Management, ISSN 0956-5221, Vol. 9, no 4, 299-316 p.Article in journal (Refereed) Published
This study examines the interaction between two dimensions of budgetary participation and environmental dynamism on perceptions of budget effectiveness in multinational companies. Unique features are dichotomies of: (i) domestic and foreign subunits; (ii) two dimensions of budget participation, communication and influence; and (iii) two facets of effectiveness perceptions, higher level involvement and outcomes of budget process. Results show that benefits of budgetary participation are limited and not consistent. Significant differences between foreign and domestic subunits are apparent. The primary perceived benefits are associated with communication. Budget influence is associated with positive perceptions of top-level involvement in foreign subunits but negative perceptions of outcomes of budget process in both domestic and foreign subunits.
Place, publisher, year, edition, pages
Elsevier , 1993. Vol. 9, no 4, 299-316 p.
Multinational corporations, budgetary participation, environmental dynamism, job satisfaction, performance
Research subject Business Studies
IdentifiersURN: urn:nbn:se:umu:diva-50251DOI: 10.1016/0956-5221(93)90026-OOAI: oai:DiVA.org:umu-50251DiVA: diva2:460968