This paper investigates current budgeting practices of Czech companies. The article aims to provide recent empirical … evidence on the impact of business complexity on budgeting in the Czech Republic, with the main focus on modern budgeting … methods. Despite the plethora of critical voices against traditional budgeting, budgeting remains an essential part of most …

Superlatives are commonplace in descriptions of traditional budgeting. Within managerial accounting techniques, it is … criticism of traditional budgeting practices due to their inflexibility and consumption of resources, the existing studies have … information on approaches developed to enhance traditional budgeting methods. Subsequently, research was conducted on the extent …

This article studies the role of participation in the budgeting process when the company has to coordinate two … interdependent divisions. The focus lies on the design of the budgeting process (top-down vs. participative budgets) and the … earnings. With the participative budgeting process, the company (principal) implements an information system that provides the …

execution stage of the budgeting process, while it is not significant at the formulation and legislation stages. These results …