The differing opinions of both experts and managers on the application of budgets in the dynamic changing business … environment were inspiration for the empirical study that is oriented on the importance of budgets to performance management. The … first part analyses changes in the application of budgets in recent years and the indicators of these changes. The second …

The paper deals with the weakness of the Czech public finance - the lack of performance information. The budgeting in … of the OECD member countries has adopted some type of performance budgeting. The paper focuses on the healthcare … expenditures of the Czech state budget, analyses long-term experience with performance budgeting in the U.S.A., Australia and New …