scholarly journals A Study on Managers' Creation of Budgetary Slack in Emerging Economies: The Case of Vietnam

2017 ◽  
Vol 2 (2) ◽  
pp. 15-28
Author(s):  
Quang-Huy Ngo ◽  
Thi-Nam-Ninh Doan ◽  
Thanh-Nha Huynh
Keyword(s):  
Information Asymmetry ◽  
Emerging Economies ◽  
The Other ◽  
Budgetary Slack ◽  
Future Studies ◽  
Developed Economies ◽  
Budgetary Participation ◽  
The Creation ◽  
The Impact ◽  
Insight Into

Although the budgeting literature well documents managers' creation of budgetary slack in developed economies, lack of attention has been paid to this behaviour in emerging economies. It is doubtful that some unique characteristics, only existing in emerging economies, cause this behaviour to be different than the budgeting literature predicts. Since there is no study examining managers' creation of budgetary slack in emerging economies, such as Vietnam, to get insight into whether or not these characteristics cause the differences, the aim of this study is to replicate prior budgeting studies by using Vietnamese samples. Particularly, we investigated the impact of budgetary participation, budget emphasis, information asymmetry, and the interactions between these variables on managers' creation of budgetary slack. Data obtained from the questionnaire sent to 99 Vietnamese managers shows that the last two variables and the interaction between them induce managers' creation of budgetary slack. However, the results also indicate that the first variable and the interaction between this variable and the other two variables respectively have no impact on managers' creation of budgetary slack. These results provide some insight into the creation of budgetary slack of Vietnamese managers for future studies to extend the line of research.

PENGARUH PARTISIPASI ANGGARAN, ASIMETRI INFORMASI, TEKANAN ANGGARAN DAN KOMITMEN ORGANISASI TERHADAP SENJANGAN ANGGARAN DI PEMERINTAH KABUPATEN BANYUMAS

2017 ◽  
Vol 13 (2) ◽  
pp. 142-153
Author(s):  
Ody Tegar Permana ◽  
Eliada Herwiyanti ◽  
I Wayan Mustika
Keyword(s):  
Organizational Commitment ◽  
Information Asymmetry ◽  
Linear Regression Analysis ◽  
Sample Selection ◽  
Multiple Linear Regression Analysis ◽  
Budgetary Slack ◽  
Budgetary Participation ◽  
Independent Variable ◽  
Spss Software ◽  
Government Institution

This study aims to determine the effect of budgetary participation, information asymmetry, budget pressure, and organizational commitment to budgetary slack. Population in this research is all government institution in Banyumas Regency. The sample selection was conducted by census method. Dependent variable used in this research is budget slack, while the independent variable used in this research is budget participation, information asymmetry, budget pressure, and organizational commitment. The data has been collected through questionnaires, then processed with the help of SPSS software. Based on the results of multiple linear regression analysis concluded that budgetary participation, information asymmetry, and organizational commitment affect the budget slack while budget pressure has no effect. The results of this study increasingly complement previous studies in the field of management accounting, especially in the scope of budgeting.   Penelitian ini bertujuan untuk mengetahui pengaruh partisipasi anggaran, asimetri informasi, tekanan anggaran, dan komitmen organisasi terhadap senjangan anggaran. Populasi dalam penelitian ini adalah seluruh instansi pemerintahan di Kabupaten Banyumas. Pemilihan sampel dilakukan dengan metode sensus. Variabel dependen yang digunakan dalam penelitian ini adalah senjangan anggaran, sedangkan variabel independen yang digunakan dalam penelitian ini adalah partisipasi anggaran, asimetri informasi, tekanan anggaran, dan komitmen organisasi. Data yang telah dikumpulkan melalui isian kuesioner, selanjutnya diolah dengan bantuan software SPSS. Berdasarkan hasil analisis regresi linear berganda disimpulkan bahwa partisipasi anggaran, asimetri informasi, dan komitmen organisasi berpengaruh terhadap senjangan anggaran sedangkan tekanan anggaran tidak berpengaruh. Hasil penelitian ini semakin melengkapi penelitian-penelitian sebelumnya di bidang akuntansi manajemen khususnya di lingkup penganggaran.

Information asymmetry and equity issue decision of low-leverage firms

2018 ◽  
Vol 44 (11) ◽  
pp. 1330-1346
Author(s):  
Bipin Sony ◽  
Saumitra Bhaduri
Keyword(s):  
Information Asymmetry ◽  
Equity Issue ◽  
Content Type ◽  
Equity Issues ◽  
Developed Economies ◽  
Tangible Assets ◽  
Credit History ◽  
The Impact ◽  
Role Of Information

Purpose The purpose of this paper is to investigate the role of information asymmetry in the equity issue decision of two categories of Indian firms with distinct levels of information asymmetry – levered firms and unlevered firms. Design/methodology/approach This paper proposes a novel empirical approach to compare these two categories of firms. Levered firms exposed to the debt markets are under the scrutiny of lenders, reducing their information asymmetry problems. On the other hand, unlevered firms, which are smaller firms with fewer tangible assets and no credit history suffers more information problems. The authors use a propensity score matching method to identify firms that share similar firm-specific characteristics in these groups and compare equity issues to analyze the impact of information asymmetry. Findings The results show that information asymmetry plays a key role in the equity issue decision of Indian firms. Additionally, the authors find that the trends and characteristics of low-leverage (LL) firms in India are comparable to the LL from developed economies, which is consistent with the findings that they face more information problems. Originality/value Unlike the conventional approach of using proxy variables to capture information asymmetry, this study uses a novel framework where the authors compare the equity issue decision of similar firms in two categories with different degrees of information asymmetry.

scholarly journals Impact of COVID-19 Variants on the Second Wave in India and Subsequent Discretion of Possibilities of the Third Wave

2021 ◽  
pp. 115-126
Author(s):  
Sudarshan Ramaswamy ◽  
Meera Dhuria ◽  
Sumedha M. Joshi ◽  
Deepa H Velankar
Keyword(s):  
Herd Immunity ◽  
Sir Model ◽  
The Other ◽  
Third Wave ◽  
Focal Points ◽  
Current Analysis ◽  
The Third ◽  
The Impact ◽  
Second Wave ◽  
Insight Into

Introduction: Epidemiological comprehension of the COVID-19 situation in India can be of great help in early prediction of any such indications in other countries and possibilities of the third wave in India as well. It is essential to understand the impact of variant strains in the perspective of the rise in daily cases during the second wave – Whether the rise in cases witnessed is due to the reinfections or the surge is dominated by emergence of mutants/variants and reasons for the same. Overall objective of this study is to predict early epidemiological indicators which can potentially lead to COVID-19 third wave in India. Methodology: We analyzed both the first and second waves of COVID-19 in India and using the data of India’s SARS-CoV-2 genomic sequencing, we segregated the impact of the Older Variant (OV) and the other major variants (VOI / VOC).  Applying Kermack–McKendrick SIR model to the segregated data progression of the epidemic in India was plotted in the form of proportion of people infected. An equation to explain herd immunity thresholds was generated and further analyzed to predict the possibilities of the third wave. Results: Considerable difference in ate of progression of the first and second wave was seen. The study also ascertains that the rate of infection spread is higher in Delta variant and is expected to have a higher threshold (>2 times) for herd immunity as compared to the OV. Conclusion: Likelihood of the occurrence of the third wave seems unlikely based on the current analysis of the situation, however the possibilities cannot be ruled out. Understanding the epidemiological details of the first and second wave helped in understanding the focal points responsible for the surge in cases during the second wave and has given further insight into the future.

Supply Chain Leadership in Emerging Markets

2020 ◽  
pp. 28-53
Author(s):  
Smitha Girija ◽  
Vandana Srivastava
Keyword(s):  
Supply Chain ◽  
Emerging Markets ◽  
Information Management ◽  
Emerging Economies ◽  
Sustainable Supply Chain ◽  
Developed Economies ◽  
Effective Strategies ◽  
Massive Growth ◽  
Global Companies ◽  
The Impact

The massive growth of emerging economies in last two decades has attracted many global companies to expand their physical presence in these countries. But the ability to take advantage of those opportunities is only available to companies that appreciate the environmental challenges and complexity of the region. The lexicon of extant literature focuses on enhancing supply chain leadership and development of efficient and effective strategies in developed economies, yet the corresponding literature in emerging economies is very fragmented. The aim of this chapter is to synthesize the current literature to understand the phenomenon including its definitions, dimensions, and constructs and to propose a conceptual model for successful supply chain leadership in emerging markets. The study tries to understand and establish the impact of various factors of supply chain leadership, which leads to sustainable supply chain performance. Collaboration and information management emerge as the major drivers for supply chain leadership in emerging markets and identifies trust as a mediating factor.

scholarly journals Pengaruh Partisipasi Anggaran dan Penekanan Anggaran Pada Senjangan Anggaran dengan Locus Of Control Sebagai Variabel Pemoderasi

2018 ◽  
pp. 1584
Author(s):  
Putu Ari Raditya ◽  
I Gde Ary Wirajaya
Keyword(s):  
Regression Analysis ◽  
Locus Of Control ◽  
Sampling Method ◽  
Control Process ◽  
Budgetary Slack ◽  
Planning And Control ◽  
Budgetary Participation ◽  
And Control ◽  
The Impact

To achieve its goals, hotel requires a good planning and control in order to run its implementation in accordance to the policy that has been assigned. Budget is an important element and a centerpiece in the planning and control process. The aim of the current study is to find out whether locus of control can moderate the impact of budgetary participation and budget emphasis on budgetary slack. This study was conducted on 4-star hotels in Kuta district. The sampling method used was saturation. There were 30 hotels used as the sampe with 97 respondents. Questionnaire was used to collect the data. To analyze the data, Moderated Regression Analysis (MRA) testing was applied.The study found that locus of control could strengthen the impact of budgetary participation and budget emphasis on budgetary slack. It can be concluded that the higher the participation given and the budget emphasis from the head moderated by locus of control, the higher the budgetary slack. Keyword: budgetary participation, budget emphasis, locus of control, budgetary slack

scholarly journals The emergence of environmental stewardship as a primary institution of global international society

2017 ◽  
Vol 25 (1) ◽  
pp. 131-155 ◽  
Author(s):  
Robert Falkner ◽  
Barry Buzan
Keyword(s):  
International Society ◽  
Environmental Stewardship ◽  
The Other ◽  
English School ◽  
The Creation ◽  
Normative Order ◽  
Primary Institutions ◽  
The Impact

This article develops an English School framework for analysing the emergence of new primary institutions in global international society, and applies this to the case of environmental stewardship. The article traces the impact that global environmentalism has had on the normative order of global international society, examines the creation of secondary institutions around this norm and identifies the ways in which these developments have become embedded in the constitution and behaviour of states. It assesses the ways in which environmental stewardship has interacted with the other primary institutions that compose global international society, changing some of the understandings and practices associated with them. The conclusions argue that environmental stewardship is likely to be a durable institution of global international society, and that it might be a harbinger of a more functional turn in its priorities.

Evidences from China: Impacts of Information Asymmetry, Budgetary Participation, Emphasis, Procedural Justice, Interactive Justice, Clarity and Difficulty of Budgetary Goals on Subordinate Manager Propensity of Creating Budgetary Slack

2017 ◽  
Vol 14 (1) ◽  
pp. 207-220
Author(s):  
Yi Zhang ◽  
Xiaozhong Song ◽  
Sujie Zhao
Keyword(s):  
Procedural Justice ◽  
Information Asymmetry ◽  
Empirical Result ◽  
Control Variable ◽  
Single Factor ◽  
Chinese Enterprises ◽  
Budgetary Slack ◽  
Low Level ◽  
Budgetary Participation ◽  
Budget Standards

Subordinate managers’ propensities of creating budgetary slack (PCBS) will induce the dysfunction of budget system. This paper analyzes the inducements of PCBS, including information asymmetry, budgetary participation, budgetary emphasis, procedural justice, interactive justice, clarity and difficulty of budgetary goal, and tries to find out their ways affecting PCBS. On the basis of the researches of Dunk, Onsi, Kren, Kenis, Van der Stede, and Moorman and Kenis, we designed a 6-point 33-item Likert scale and formulated eight research variables and a control variable. We have investigated data of 28 Chinese enterprises and gotten 269 valid samples. Our empirical evidences suggest PCBS is positively affected by information asymmetry and budgetary emphasis, and has been negatively affected by budgetary participation from single factor, and given high (low) level of participation, high (low) subordinate-superior information asymmetry and high (low) emphasis on budget standards, PCBS is high (low). These conclusions support the theoretic hypothesis of Dunk’s and strengthen the notes of Dunk and Perera. However, our results are different from the empirical result of Dunk and Chong et al. (2003). It is found that interactive justice is negatively related to PCBS, and difficulty of budgetary goal is positively related to PCBS.

scholarly journals Self Efficacy, Partisipasi Anggaran, Asimetri Informasi, Emosional Stability dan Penekanan Anggaran terhadap Senjangan Anggaran

2021 ◽  
Vol 31 (2) ◽  
pp. 513
Author(s):  
Putu Novia Hapsari Ardianti ◽  
Ni Nyoman Sri Rahayu Damayanti ◽  
I Made Surya Prayoga
Keyword(s):  
Regression Analysis ◽  
Linear Regression ◽  
Information Asymmetry ◽  
Self Efficacy ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Emotional Stability ◽  
The Other ◽  
Budgetary Slack ◽  
Monetary Unit

A budget is an organizational plan stated in a monetary unit and drawn up for a period of time. The process of budgeting can trigger the behavior of budget implementers to conduct budgetary slack due to negative subjective attitudes and norms owned by budget executives. This makes research on the factors that affect the budgeting slack important to be carried out. This study used data collection techniques with questionnaires. All research instruments are valid and reliable. This research has also been freed from the problem of classical assumptions. The results were tested with multiple linear regression analysis. The results showed self-efficacy, budget participation, information asymmetry, and budgetary emphasis influenced the budgetary slack. On the other side emotional stability has no significant effect on the budgetary slack. Keywords: Self-efficacy; Budget Participation; Information Asymmetry; Emotional stability; Budgetary Emphasis; Budgetary Slack.

scholarly journals Influence of Information Asymmetry and Self-Efficacy on Budgetary Slack: An Experimental Study

2019 ◽  
Vol 20 (2) ◽  
pp. 62
Author(s):  
Zaenal Fanani ◽  
Georgina Elizabeth K. Saudale
Keyword(s):  
Experimental Study ◽  
Information Asymmetry ◽  
Self Efficacy ◽  
Budgetary Process ◽  
Business Faculty ◽  
Budgetary Slack ◽  
Postgraduate Students ◽  
The Creation ◽  
Positive Effect ◽  
One Way Anova

Participation in the budgetary process does not only comes with a positive effect(s) but could also lead to negative behavior(s) of employees, one of which is the creation of budgetary slack. Previous studies said that information asymmetry is rated as one of the causes of the creation of budgetary slack. The purposes of this 3x2 factorial experimental study and between subject designs are to see the effect of information asymmetry on the budgetary slack and see whether information asymmetry and self-efficacy leads to the creation of budgetary slack. This study involved 65 undergraduate and postgraduate students from the accounting department of Economics and Business Faculty in Universitas Airlangga Sura­baya as participants. One way ANOVA and two- way ANOVA is used to test and analyze the proposed hypothesis. Results show that information asymmetry influences the creation of budgetary slack. However, production managers with high or low self-efficacy are still taking advantage of asymmetric information that happened to do budgetary slack.

scholarly journals The use of the term ‘limnology’ and its scientometrics consequences for limnologists

2021 ◽  
Author(s):  
Diego Fontaneto ◽  
Alejandro Martínez ◽  
Stefano Mammola ◽  
Aldo Marchetto
Keyword(s):  
Publication Output ◽  
Scientific Communication ◽  
The Other ◽  
Scientific Impact ◽  
Lake Ecology ◽  
The Creation ◽  
The Impact ◽  
Do So ◽  
The Way

Jargon is the specialised vocabulary of any science: it allows the creation of new terms to define concepts and it removes ambiguity from scientific communication. Yet, it may also hinder understanding for a broader audience. Given that the Journal of Limnology has jargon in its title, we here investigate the impact of the term ‘limnology’ on the way limnologists work, publish their research, and attract the interest of other scientists. We do so by comparing scientometric features of papers published from 1965 to 2020 that used the term ‘limnology’ against papers on similar topics but that used the term ‘lake ecology’ or ‘hydrobiology’, and to the marine counterpart of papers that used the term ‘oceanography’. We found that papers using the term limnology score worse than those of the other topics in terms of both publication output and scientific impact. Limnologists may need to use other terms in addition to ‘limnology’ to reach a broader scientific audience.

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