Are budgets useful? A survey of Malaysian companies

This study examines if budgets are still used in Malaysian companies. There are two divergent views on the usefulness of budgets. Proponents of budgets argue that they are still relevant and useful. Meanwhile, critics claim that budgets are obsolete. They study uses the instrument developed by Drury...

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Main Authors:	Nik Ahmad, Nik Nazli, Sulaiman, Maliah, Mohd Alwi, Norhayati
Format:	Article
Language:	English English
Published:	Emerald Group Publishing Limited 2003
Subjects:	HF5001 Business. Business Administration HF5601 Accounting. Bookkeeping
Online Access:	http://irep.iium.edu.my/59268/ http://irep.iium.edu.my/59268/ http://irep.iium.edu.my/59268/ http://irep.iium.edu.my/59268/1/Are_budgets_useful_A_survey_of_Malaysian.pdf http://irep.iium.edu.my/59268/7/59268-Are%20budgets%20useful_SCOPUS.pdf

id	iium-59268
recordtype	eprints
spelling	iium-592682017-11-14T02:45:35Z http://irep.iium.edu.my/59268/ Are budgets useful? A survey of Malaysian companies Nik Ahmad, Nik Nazli Sulaiman, Maliah Mohd Alwi, Norhayati HF5001 Business. Business Administration HF5601 Accounting. Bookkeeping This study examines if budgets are still used in Malaysian companies. There are two divergent views on the usefulness of budgets. Proponents of budgets argue that they are still relevant and useful. Meanwhile, critics claim that budgets are obsolete. They study uses the instrument developed by Drury et al. Results are compared to those of Guilding et al. The results show that budgeting practices in Malaysia are similar to those in the UK and New Zealand. There are only three major differences. First, Malaysian managers appear to feel that a participative approach to budgeting may encourage budget padding. Second, a much higher percentage of respondents compared to the Guilding et al's study, agree that top management should evaluate performance mainly on ability to achieve budgetary goals. Finally, companies in Malaysia appear to use flexible budgets more than those in the UK and New Zealand. Emerald Group Publishing Limited 2003 Article PeerReviewed application/pdf en http://irep.iium.edu.my/59268/1/Are_budgets_useful_A_survey_of_Malaysian.pdf application/pdf en http://irep.iium.edu.my/59268/7/59268-Are%20budgets%20useful_SCOPUS.pdf Nik Ahmad, Nik Nazli and Sulaiman, Maliah and Mohd Alwi, Norhayati (2003) Are budgets useful? A survey of Malaysian companies. Managerial Auditing Journal, 18 (9). pp. 717-724. ISSN 0268-6902 http://www.emeraldinsight.com/doi/abs/10.1108/02686900310500479 http://dx.doi.org/10.1108/02686900310500479
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HF5001 Business. Business Administration HF5601 Accounting. Bookkeeping
spellingShingle	HF5001 Business. Business Administration HF5601 Accounting. Bookkeeping Nik Ahmad, Nik Nazli Sulaiman, Maliah Mohd Alwi, Norhayati Are budgets useful? A survey of Malaysian companies
description	This study examines if budgets are still used in Malaysian companies. There are two divergent views on the usefulness of budgets. Proponents of budgets argue that they are still relevant and useful. Meanwhile, critics claim that budgets are obsolete. They study uses the instrument developed by Drury et al. Results are compared to those of Guilding et al. The results show that budgeting practices in Malaysia are similar to those in the UK and New Zealand. There are only three major differences. First, Malaysian managers appear to feel that a participative approach to budgeting may encourage budget padding. Second, a much higher percentage of respondents compared to the Guilding et al's study, agree that top management should evaluate performance mainly on ability to achieve budgetary goals. Finally, companies in Malaysia appear to use flexible budgets more than those in the UK and New Zealand.
format	Article
author	Nik Ahmad, Nik Nazli Sulaiman, Maliah Mohd Alwi, Norhayati
author_facet	Nik Ahmad, Nik Nazli Sulaiman, Maliah Mohd Alwi, Norhayati
author_sort	Nik Ahmad, Nik Nazli
title	Are budgets useful? A survey of Malaysian companies
title_short	Are budgets useful? A survey of Malaysian companies
title_full	Are budgets useful? A survey of Malaysian companies
title_fullStr	Are budgets useful? A survey of Malaysian companies
title_full_unstemmed	Are budgets useful? A survey of Malaysian companies
title_sort	are budgets useful? a survey of malaysian companies
publisher	Emerald Group Publishing Limited
publishDate	2003
url	http://irep.iium.edu.my/59268/ http://irep.iium.edu.my/59268/ http://irep.iium.edu.my/59268/ http://irep.iium.edu.my/59268/1/Are_budgets_useful_A_survey_of_Malaysian.pdf http://irep.iium.edu.my/59268/7/59268-Are%20budgets%20useful_SCOPUS.pdf
first_indexed	2023-09-18T21:23:57Z
last_indexed	2023-09-18T21:23:57Z
_version_	1777412066147041280

Are budgets useful? A survey of Malaysian companies

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