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Budgeting and Hierarchical Control

Journal of Accounting Research, 1997
This paper develops a model of budgeting in hierarchical organizations. Each agent (manager) in the hierarchy receives a budget for a task. Based on his own information, the agent assigns tasks and budgets to his subordinates, who, in turn, do the same for their subordinates, and so forth.
Mookherjee, Dilip, Reichelstein, Stefan
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Budgeting for Control

Administrative Science Quarterly, 1971
A budgetary control system is defined as a hierarchically linked combination of a goal-setting and a goal-achieving machine. The effects of four inputs to the goal-setting machine are discussed: (1) setting difficult as opposed to easy goals, (2) allowing the budgeted individual to participate in setting the goal, (3) providing financial reward for ...
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Budget-Controlling

2013
In Unternehmen gibt es die unterschiedlichsten Arten von Budgets: Kostenbudgets, Ausgabenbudgets, flexible Budgets, starre Budgets etc. Alle müssen vor Ablauf überwacht und danach reflektiert werden. Für die Unternehmenssteuerung kommt demnach dem Budget-Controlling eine zentrale Bedeutung zu.
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Budgets and Cost Control

1984
Companies have always had a constant struggle with competitors. This struggle, however, has increased in the last decade as the competition has grown from that of principally U. S. based firms to include firms worldwide. This worldwide competition has not only increased the importance of price, but also that of product quality.
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FINANCIAL AND BUDGET CONTROL, FEATURES OF BUDGET CONTROL

Problemy razvitiya predpriyatii: teoriya i praktika, 2020
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POMDP Controllers with Optimal Budget

2022
Jip Spel   +2 more
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Budgeting as a Control Mechanism

2011
Budgets have always been essential for any effective internal control system. Governments, nonprofits, and many for-profit organizations place budgets among most significant policy documents. Historically, as industrialization fueled the expansion of economic structures and the growth of individual entities, executive management, whether bureaucratic ...
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