Determinants and Consequences of the Use of Budgets: An Exploratory Empirical Study in Germany

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LIT Verlag Münster, 2007 - Business & Economics - 360 pages
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The alteration of the business environment has heightened the role of management accounting and control systems (MACS). Not only the design of MACS has gained increased relevance but also the ways in which MACS are used. Based upon empirical data from 69 German manufacturing companies of different industries testing the developed research model, the evidence reinforces the knowledge concerning budgets and their use and essentially bridges the gap in understanding the relationship between budgeting and strategy by revealing the positive effects formal MACS perform. This book is important reading for graduate students of business administration and executives with focus on budgeting management accounting and strategic management.
 

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Contents

CONCEPTUAL AND THEORETICAL FOUNDATIONS
10
RESEARCH MODEL ON DETERMINANTS
61
METHODOLOGICAL FOUNDATIONS OF
127
EMPIRICAL TEST OF THE RESEARCH MODEL
169
budget use
184
budgets
197
budgets
215
effects
229
CONCLUDING REMARKS
242
LIST OF APPENDICES
259
BIBLIOGRAPHY
268
Copyright

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Page 10 - The terms management accounting (MA), management accounting systems (MAS), management control systems (MCS), and organizational controls (OC) are sometimes used interchangeably. MA refers to a collection of practices such as budgeting or product costing, while MAS refers to the systematic use of MA to achieve some goal. MCS is a broader term that encompasses MAS and also includes other controls such as personal or clan controls. OC is sometimes used to refer to controls built into activities and...
Page 20 - A beliefs system is the explicit set of organizational definitions that senior managers communicate formally and reinforce systematically to provide basic values, purpose, and direction for the organization. The definitions espouse the values and direction that senior managers want subordinates to adopt. These core values are linked to the business strategy of the firm.

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