Antecedentes do Compromisso com as Metas Orçamentárias

ABSTRACT Objective: this study analyzes the interactions between budgetary participation, motivation at work (intrinsic and extrinsic), and commitment to budgetary goals. Methods: a survey was carried out with 131 intermediate level managers from different organizational areas of companies classified among the best and biggest companies in Brazil. Results: the results of modeling structural equations indicate that intrinsic and extrinsic motivations have different roles in their interactions with budgetary participation and commitment to goals. And their involvement in the budgetary process reveals behavioral and motivational effects. Conclusions: it is concluded that participation in the budgetary process can positively reflect on managerial performance, insofar as it is able to trigger intrinsic motivational effect and favor behaviors aimed at the commitment to budgetary goals.

Antecedents of Commitment to Budgetary Goals

ABSTRACT Objective: this study analyzes the interactions between budgetary participation, motivation at work (intrinsic and extrinsic), and commitment to budgetary goals. Methods: a survey was carried out with 131 intermediate level managers from different organizational areas of companies classified among the best and biggest companies in Brazil. Results: the results of modeling structural equations indicate that intrinsic and extrinsic motivations have different roles in their interactions with budgetary participation and commitment to goals. And their involvement in the budgetary process reveals behavioral and motivational effects. Conclusions: it is concluded that participation in the budgetary process can positively reflect on managerial performance, insofar as it is able to trigger intrinsic motivational effect and favor behaviors aimed at the commitment to budgetary goals.

Particularities of gender sensitive budgets

In this article, are studied the peculiarities of gender-sensitive budgeting. In turn, gendersensitive budgeting means an inclusive approach to gender equality in the budgetary process of a state. It also describes the steps to integrate gender budgeting process.

Tax security management of a public entity

The monograph is devoted to the study of the concept of tax security management of a public legal entity. The concept is built on the interconnection of three main elements: analysis, monitoring and regulation. The role of analysis in the control system is determined. Special attention is paid to monitoring. It is proposed to use the method of constructing a heat map as a data visualization tool for monitoring. It is noted that regulation and management decision-making should be carried out taking into account the monitoring data and the main guidelines of the budgetary and tax policy of a public legal entity. The material of the monograph has a practical focus on improving the work of participants in the budgetary process to manage the tax security of a public legal entity on the basis of a risk-oriented approach. The presented material can open up new perspectives for further research. It will be of interest to those who are engaged in the development of methodological support for tax security management.

On the relationship between Russia's national development goals and budgetary spending – The attainability of the goals during the COVID-19 pandemic

Subject. The article discusses target indicators of national development goals of Russia, governmental programs, national projects, and priorities of budgetary finance during the COVID-19 pandemic. Objectives. The study traces a correlation between national development goals of Russia and national projects as structural constituents of governmental programs. The article also investigates opportunities for attaining the national goals during the coronavirus crisis. Methods. The study relies upon systems and institutional approaches. I also resorted to the analysis, synthesis, comparison. Results. Target indicators of national goals and national projects were found to have no logic relationship in some cases, with quantitative indices being neglected or contradictory at all, thus making it difficult to evaluate the efficiency of budgetary spending. I detected considerable structural shifts in expenditures of the federal budget from 2020, since financial resources should be optimized due to growing budgetary restrictions. Conclusions and Relevance. The efficiency of budgetary spending can be adequately evaluated only if there is a firm logic correlation and quantitative consistency between target indicators of the national development goals of Russia and those of national projects as part of the Russian governmental programs, which serve as a financial vehicle of the national goals. The findings can be used by those involved into the budgetary process throughout all levels when planning budgetary expenditures.

Wildavsky or a workbook: Advice for the novice faculty member teaching undergraduate public finance

The article examines five areas novice instructors should consider before teaching public finance. First, instructors should ascertain their comfort level along the qualitative-quantitative continuum. This ranges from a high-level overview of the budgetary process, politics, players, and outcomes (qualitative) before descending into spreadsheets with formulas for decision making (quantitative). Second, instructors should know which resources to assemble including textbooks, government documents, and spreadsheet guidebooks. Third, instructors should understand the department’s expectations for the course along the qualitative-quantitative continuum based on students’ career paths. Fourth, instructors should assess students’ capabilities to grasp budgeting exercises and spreadsheets competently. Finally, instructors should monitor how the course content aligns with regional employers and the academic program’s advisory board. Many academics would argue that these five points are rudimentary for any instructor’s pedagogy, until they teach public finance.

Budget expenditure management in conditions of decentralization on the example of Ukraine

The object of this research is budget expenditures. The limited financial resources are typical for most countries of the world, therefore, it is important to find and improve the ways of forming and implementing the budgetary policy of the state at every stage of the budgetary process. The budget of any country reflects important economic and social aspects of the life of society as a whole and each person individually. Of course, the budget is a powerful regulator of the main economic processes. One of the most problematic areas is ineffective and inefficient use of budget expenditures. Therefore, this study is aimed at developing practical recommendations for optimizing the process of managing budget expenditures in the context of decentralization to ensure sustainable socio-economic development of the state. To achieve this aim, the author used the problems of managing budget expenditures on the example of Ukraine in the context of the introduction of decentralization processes in the country. The research used the methods of scientific abstraction, systems approach, grouping and classification. To determine the integrated indicator of the efficiency of budget expenditures management at the level of a budgetary institution, society, region, state, a statistical method was used that reflects the correlations of the constituent indicators. To optimize the process of managing budget expenditures, which is considered as a cycle of public policy, two main approaches are proposed. First, a change in the concept of budget expenditures management – a transition from the consumption budget to the development budget, which will allow achieving sustainable economic development in the long term. Secondly, it is proposed to introduce an assessment of the effectiveness of budget expenditure management by calculating an integrated indicator, consisting of all components that reflect the effectiveness of the budgetary policy being implemented. Thanks to the proposed methodology, it is possible to timely adjust the policy for managing budget expenditures in the event of an unsatisfactory value of the integrated indicator of the effectiveness of managing budget expenditures. This provides the advantage that such an adjustment will have a positive effect, since it will be carried out both at the level of a budgetary institution, society, region, and the state as a whole.

Legislative budgetary power and fiscal discipline in the euro area

PurposeThe objective of this study is to understand the budgetary role of national legislatures in euro area (EA) countries and to analyse implications for fiscal discipline.Design/methodology/approachBuilding on the budget institutions literature, a legislative budgetary power index for all the 19 euro area (EA) countries is constructed using Organisation for Economic Co-operation and Development (OECD) and European Commission data as well as data generated from questionnaires to national authorities. A two-way fixed effects panel data model is then used to assess the effect of legislative budgetary power on the budget balance in the EA during 2006–2015.FindingsOverall, in the EA, formal legislative powers vis-à-vis the national budgetary process are weak, but there is more legislative involvement in Stability and Growth Pact (SGP) procedures, and legislative budgetary organisational capacity is generally quite good. In contrast to the traditional view in the budget institutions literature, this study’s empirical findings show that strong legislative budgetary power does not necessarily result in larger budget deficits.Research limitations/implicationsData on legislative budgeting were available from different sources, and time series data were very limited.Practical implicationsThere is scope to improve democratic legitimacy of the national budgetary process in the EA, without necessarily jeopardising fiscal discipline.Originality/valueThe constructed legislative budgetary power index covers all the 19 EA countries and has a broad scope covering various novel institutional characteristics. The empirical analysis contributes to the scarce literature on the impact of legislative budgeting on fiscal discipline.