TY - JOUR
T1 - Reconsideringthe Participative Budgeting–Performance Relation
T2 - A Meta-Analysis Regarding theImpact of Level of Analysis, Sample Selection, Measurement, and IndustryInfluences
AU - Derfuss, Klaus
PY - 2016/3
Y1 - 2016/3
N2 - The relationship of participative budgeting with performance presents a much debated but still unsettled issue in management accounting research. In this paper, meta-analysis is used to explore, whether methodological concerns, such as the level of analysis, sample selection, and variations in the measurement of performance, and theoretical concerns, such as industry differences, help explain observed inconsistencies in prior results. In line with theoretical predictions, the overall participative budgeting–performance relation is positive and significant. Moreover, this relation and the positive, significant ones of participative budgeting with departmental, budgetary, and managerial performance generalize across settings. In addition, for the relation with managerial performance, moderating influences of objective versus subjective and relative versus absolute self-rating measures of performance as well as private versus public sector samples emerge, which thus are important boundary conditions for future theory development. In contrast to theoretical predictions, the relation of participative budgeting with organizational performance is heterogeneous and does not generalize across settings.
AB - The relationship of participative budgeting with performance presents a much debated but still unsettled issue in management accounting research. In this paper, meta-analysis is used to explore, whether methodological concerns, such as the level of analysis, sample selection, and variations in the measurement of performance, and theoretical concerns, such as industry differences, help explain observed inconsistencies in prior results. In line with theoretical predictions, the overall participative budgeting–performance relation is positive and significant. Moreover, this relation and the positive, significant ones of participative budgeting with departmental, budgetary, and managerial performance generalize across settings. In addition, for the relation with managerial performance, moderating influences of objective versus subjective and relative versus absolute self-rating measures of performance as well as private versus public sector samples emerge, which thus are important boundary conditions for future theory development. In contrast to theoretical predictions, the relation of participative budgeting with organizational performance is heterogeneous and does not generalize across settings.
U2 - 10.1016/j.bar.2015.07.001
DO - 10.1016/j.bar.2015.07.001
M3 - Article
SN - 1095-8347
VL - 48
SP - 17
EP - 37
JO - British Accounting Review
JF - British Accounting Review
IS - 1
ER -