Partecipazione al processo di budget, accuratezza e utilità delle informazioni di budget e performance. I risultati di un caso studio

Budgeting is one of the most investigated topics in behavioral management accounting research. This paper, in the light of the expectancy theory tests a model of budgetary participation that encompasses the cognitive aspects of participative decision making. The model aims to verify if budgetary participation enhances budget quality which, in turn, leads to greater budget utility and managerial performance. Finally, the model investigates the mediating effects of budget quality and utility in the participation - performance link. Data were gathered with a questionnaire distributed to 54 clinical-managers of a public hospital. The data were analyzed with a structural equation modeling. The results indicated that participation enhances budget quality and that budget quality, in turn, has a positive effect on budget utility whilst budget quality does not have effect on performance. Hence, budget quality fully mediates the "participation ? quality ? performance" link as well the "participation ? quality ? utility" link.