Budgetary slack and managerial performance of manufacturing companies in Nigeria’s environmental uncertainty
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Adeyemi, S. B.
Udofia, I. E.
African Journal of Contemporary Issues. Faculty of Social and Management Sciences, University of Buea, Cameroon
The study examined the moderating influence of environmental uncertainty on the relationship between budgetary slack and managerial performance in Nigerian Manufacturing companies. This was informed by literature which has argued that managers cannot adequately predict conditions in their business environment; hence to cope with environmental uncertainties and assure performance, they introduce slack in the budget. It was found that environmental uncertainty significantly influences managerial performance. Budgetary slack was also found to have a non mediating relationship between environmental uncertainty and managerial performance. It was recommended that stricter budgetary controls, review of performance evaluation criteria, and reduced emphasis on achieving budgetary targets should be implemented by the management of the organisation
budgetary slack , managerial performance , environmental uncertainty , Nigeria , Research Subject Categories::SOCIAL SCIENCES
Adeyemi, S. B. and Udofia, I. E. (2015). Budgetary slack and managerial performance of manufacturing companies in Nigeria’s environmental uncertainty. African Journal of Contemporary Issues. Faculty of Social and Management Sciences, University of Buea, Cameroon, 14(2), 68-99