) practices in the areas of budgeting, performance evaluation, and compensation. Survey results from responsibility centre …

look deeper into the parent – subsidiary relationship. The article is focused on this relationship in the budgeting process …

increase compensation risk. We find that pure divisional performance evaluation is optimal under centralization, whereas under … decentralization, optimal compensation contracts include a combination of divisional and firm‐wide performance evaluation. When …

were distributed to the management of selected Slovene hotels. The Slovene budgeting practices were assessed in Slovene …, respectively. Budgeting practices in Slovene hotels were assessed by analyzing the extent to which managers used strategic … one. Although an improvement in the field of continuous budgeting in the five-year period can be ascertained, only a …

Performance-Based Budgeting (PBB) System is one of the latest techniques achieved in the development process of modern … budgeting systems. The system basically requires public institutions to prepare budgets in accordance with market … points are determined to enable the state to reach PBB by providing transition between budgeting systems. After critical …

budgeting process and furthermore to investigate the use of budgets for motivation, communication, performance evaluation and … budgeting procedures, which in turn could explain the limited use of budgets as a means of performance evaluation and … positive effect on the HR management and budgeting interaction. The survey presented in this paper provides corroborative …