This study examined the relationship between budget participation and managerial performance as mediated by trust in supervisor and explored the moderating role of budget-goal difficulty on budget participation, trust...This study examined the relationship between budget participation and managerial performance as mediated by trust in supervisor and explored the moderating role of budget-goal difficulty on budget participation, trust in supervisor, and managerial performance. One-hundred-fifty-eight useful responses were drawn at random from subordinate managers of manufacturing companies listed on the Taiwan Stock Exchange. The mediating effect of trust in supervisor was examined by path analysis. Subgroup analysis was used to examine the contingency effect of budget-goal difficulty on the mediating role of trust in supervisor between budget participation and performance. The findings support our hypotheses and demonstrate the mediating effect of trust in supervisor and the moderating effect of budget-goal difficulty.展开更多
This paper studies the effect of the standardization of the strategy translation process on procedural fairness in budgeting and firm performance.Analysis of250 valid questionnaires using a structural equation model s...This paper studies the effect of the standardization of the strategy translation process on procedural fairness in budgeting and firm performance.Analysis of250 valid questionnaires using a structural equation model shows that the strategy translation process(STP)affects firm performance not only directly but also indirectly,through budget participation and procedural fairness in budgeting.This study enriches the literature on the economic consequences of strategic performance measurement systems and expands research on procedural fairness in budgeting and the factors influencing firm performance.This study shows that the standard translation and implementation of strategy will decrease managers’bias in the target-setting process,thus increasing manager’s sense of fairness in the budget process and ultimately improving firm performance.展开更多
文摘This study examined the relationship between budget participation and managerial performance as mediated by trust in supervisor and explored the moderating role of budget-goal difficulty on budget participation, trust in supervisor, and managerial performance. One-hundred-fifty-eight useful responses were drawn at random from subordinate managers of manufacturing companies listed on the Taiwan Stock Exchange. The mediating effect of trust in supervisor was examined by path analysis. Subgroup analysis was used to examine the contingency effect of budget-goal difficulty on the mediating role of trust in supervisor between budget participation and performance. The findings support our hypotheses and demonstrate the mediating effect of trust in supervisor and the moderating effect of budget-goal difficulty.
文摘This paper studies the effect of the standardization of the strategy translation process on procedural fairness in budgeting and firm performance.Analysis of250 valid questionnaires using a structural equation model shows that the strategy translation process(STP)affects firm performance not only directly but also indirectly,through budget participation and procedural fairness in budgeting.This study enriches the literature on the economic consequences of strategic performance measurement systems and expands research on procedural fairness in budgeting and the factors influencing firm performance.This study shows that the standard translation and implementation of strategy will decrease managers’bias in the target-setting process,thus increasing manager’s sense of fairness in the budget process and ultimately improving firm performance.
