Assessing the Relationship between Budget Participation and Employees’ Performance of Public Universities in Ghana: a Case of University of Education
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2014, Vol 4, Issue 1
Abstract
The study examined the relationship between budget participation and employees’ performance of public universities in Ghana using University of Education as the study area. It therefore seeks to explore the behavioral elements of budgeting process in the study area and determine budget participation relationship with employees’ performance and commitment to budget goal. The study employed the quantitative research methodology and used convenience and simple random sampling techniques to select 110 employees of the university as respondents. Data was analyzed using SPSS 16. The findings of the study showed that the relationship between budget participation and employees’ performance (attainment of budget goal) was positive though not significant connoting that budget participation alone cannot significantly influence attainment of budget goal. Despite that it cannot alone help an organization to achieve its budget goal; it was evident from the study that it serves as the foundation for the other behavioral elements to be realized in the budgeting process. The research therefore argued out strongly for policy makers to hammer on budget participation since it is the foundation of which the other behavioral elements to achieving budget goal revolves.
Authors and Affiliations
Eric Edwin Owusu, Gabriel Dwomoh, Mintah Collins, Gyamfuah Yaa, Ofori Daniel
Keywords
Related Articles
- EP ID EP115573
- DOI 10.6007/IJARAFMS/v4-i1/543
- Views 103
- Downloads 0
The Role of Financial Analysis Tools in Granting Loans. Field Study on Banks Operating within Aqaba Special Economic Zone)
This study aimed to demonstrate the role of financial analysis tools in making decisions of granting loans to the clients in Jordanian commercial and Islamic banks operating in Aqaba Special Economic Zone. The study conc...
Determinants of Dividend Payout of Financial Firms and Non-Financial Firms in Ghana
Role of Islamic Microfinance in Poverty Alleviation in Pakistan. An Empirical Approach
After 2008 world economic crises, banks and other financial institutes move towards Islamic financing not only in Muslims countries but also in non-Muslim countries of the world. In view of this, some micro financial ins...
Some Significant Macroeconomic Evolutions at the End of 2016
In this paper, the authors describe the core evolution of Romania’s national economy. The main indicator taken into consideration is the Gross Domestic Product and the analysis is focused on the overall evolution of this...
Perception of Undergraduate Accounting Students towards Professional Accounting Career
Prior studies indicate that people’s perception have an important influence on their career decision. Career decision plays a major role in the way students recognize their future career prospects. There are lots of dete...