In large organizations, division managers are not necessary solely motivated by profit maximization goals but rather by some self – interest motives. These self-interest motives may explicit itself in the organization budgeting process. A control problem arises usually when division managers use their private information to make decision consistent with selfinterest rather than the interest of ...

The economic accuracy of accrual-based managerial performance measures is most essential for value added investment decisions in decentralised firms. Contemporary EVA-literature often lends support to annuity-based depreciation schedules for accomplishing congruence between capital budgeting criteria, like NPV, and accounting measures, like ROI and RI. This is incongruent with the principal age...

Finance is a pillar industry of national governance. It also provides solid guarantee for achieving the official Double Carbon target. The question how to forefront role environmental governance in reform fiscal and taxation systems, whilst motivating enterprises enhance Environment Environmental, Social, Governance (EESG) considerations worth investigating depth. This study takes A-share liste...

Budgeting planning plays an important role in coordinating activities in organizations. An accurate sales volume forecasting is the key to the entire budgeting process. All of the other parts of the master budget are dependent on the sales volume forecasting in some way. If the sales volume forecasting is sloppily done, then the rest of the budgeting process is largely a waste of time. Therefor...

Many computing systems are constrained by power budgets. While they could temporarily draw more power, doing so creates unsustainable temperatures and unwanted electricity consumption. Developing systems that operate within power budgets is a constrained optimization problem: configuring the components within the system to maximize performance while maintaining sustainable power consumption. Th...

In this article I analyze the role of cooperation between firm divisions in the budgeting process. I study a setting in which cooperation is a necessary condition for information sharing among division managers, which in turn benefits the principal. The results in this article can help reconcile the differing views between practitioners and academic researchers on the desirability of cooperatio...

This research presents a mathematical model for performance-based budgeting and combines it with rolling budget for increased flexibility. The model has been designed by Chebyshev's goal programming technique with fuzzy approach. The parameters or coefficients of the model are derived by measuring the productivity of the organizations considering eight criteria. Data for calc...