Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
The Fixed Budget: Outdated or Underrated?: How Swedish Privately Owned Companies Perceive The Fixed Budget And How It Is Used.
Jönköping University, Jönköping International Business School, JIBS, Business Administration.
Jönköping University, Jönköping International Business School, JIBS, Business Administration.
2017 (English)Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Many critics have been questioning the use of Fixed Budgets in modern corporations. It has been said to be too time-consuming, too hierarchical, quickly becoming obsolete and that it harms information flows. Furthermore, the budget has been criticized for being demotivating and has also been called “An unnecessary evil”. However, recent studies done in Sweden have indicated that companies are not abandoning the Fixed Budget but are finding ways to supplement it with other Management Control Tools.

There has been an overwhelming amount of criticism towards budgeting over the last decades. However, there seems to be a contradiction between the amount of criticism and the effect thereof. The recent studies done were made on public companies in Sweden, therefore it is interesting to measure the use and perception of Fixed Budgets in private companies instead.

Since the purpose of this study is to measure the use and perception of Fixed Budgets, it makes sense to conduct a quantitative web based survey that is directed primarily to the CFO of the company. The population consist of private companies with a turnover of at least 1 billion SEK.

The results of this study clearly show that the use of budgets is high even in privately owned companies. It also shows the most common practice is to supplement the Fixed Budget with other Management Control Tools, e.g. Revised Budget and KPI’s. This study also conclude that the budget is value creating to private companies in Sweden. Moreover, the overall perception of budgets, and the implementation of it, is positive.

Place, publisher, year, edition, pages
2017. , p. 51
Keywords [en]
Budget, fixed budget, budget supplement
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-35758ISRN: JU-IHH-FÖA-2-20170488OAI: oai:DiVA.org:hj-35758DiVA, id: diva2:1105238
Subject / course
IHH, Business Administration
Presentation
2017-05-30, Jönköping, 15:28 (English)
Supervisors
Examiners
Available from: 2017-06-27 Created: 2017-06-02 Last updated: 2017-06-27Bibliographically approved

Open Access in DiVA

fulltext(1143 kB)561 downloads
File information
File name FULLTEXT01.pdfFile size 1143 kBChecksum SHA-512
72554c7da65c6f0054ab284d0fd55c3220cb18bf86a7ab9e237eb0c5bf567b0421736d3467fe9a14102d4cad1b386921ab21f6af23b596a4f112f071b338669e
Type fulltextMimetype application/pdf

By organisation
JIBS, Business Administration
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 561 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 227 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf