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Title
Reasons why managers play budget games and their perception of budgets at a local bank in South Africa |
Full text
http://upetd.up.ac.za/thesis/available/etd-02232013-144113/ |
Date
2013 |
Author(s)
Masilo, Vincent Itumeleng |
Contributor(s)
Mr P Viljoen |
Abstract
Recent surveys done in the field of budgeting indicate that budgeting is alive and well in many organisation; however there continues to be academic research and writing on the problems experienced in budgeting. This research report investigated the views of finance and non-finance managers on reasons why managers play budget games such as low balling and sand bagging and their perceptions of budgeting.Previous research has on focused on international companies thus leading to a literature gap within the South African context. This provides opportunity to deeply understand the budget problems within the local context, South Africa. This study investigated the experiences and views of both financial and non-financial managers at a local bank as banks are notorious for huge management incentives. In order to understand the views of both types of managers and unpack this topic, Qualitative research, in the form of semi-structured expert interviews was undertaken.The findings reflect that managers believe in budgets and the budgeting processes. Budgets are viewed as an indispensable management tool. The budgeting games are largely as a result of leadership issues within organisations as opposed to process issues.An additional dimension to the topic was uncovered; budget games are not only linked to incentives, managers egos and their need to protect their bonuses. A large part of this process is dependent on the manager sub-ordinate relationship: Where there are reasonable trust levels, managers do not play games such as low balling and sand bagging. However in cases where the relationship is mainly mechanical and there are low levels of trust, budget games are more apparent.Management enables a robust budgeting process; however leadership creates the space and environment to have robust strategic discussions © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. Please cite as follows: Masilo, VI 2012, Reasons why managers play budget games and their perception of budgets at a local bank in South Africa, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://upetd.up.ac.za/thesis/available/etd-02232013-144113/ > F13/4/208/zw |
Subject(s)
Gordon Institute of Business Science |
Language
en-uk |
Publisher
University of Pretoria |
Type of publication
text |
Format
application/pdf |
Source
http://upetd.up.ac.za/thesis/available/etd-02232013-144113/ |
Rights
unrestricted; I hereby certify that, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report ( |
Repository
Pretoria - University of Pretoria, Theses and Dissertations
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