Home » Determinants and Consequences of the Use of Budgets: An Exploratory Empirical Study in Germany by Hofmann
Determinants and Consequences of the Use of Budgets: An Exploratory Empirical Study in Germany Hofmann

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

Hofmann

Published October 8th 2007
ISBN : 9783825804053
Paperback
360 pages
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 About the Book 

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 dataMoreThe 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.