THE INFLUENCE OF BUDGETARY COMMITMENT ON MANAGERIAL PERFORMANCE: PARTICIPATIVE BUDGETING AS AN INTERVENING VARIABLE
The purpose of this study is to provide empirical evidence about the influence of budgetary commitment towards participative budgeting and the influence of participative budgeting towards managerial performance. The study also wants to prove the influence of budgetary commitment towards managerial performance through the mediation of participative budgeting. Collecting data in this study was conducted using a survey through questionnaires. Respondents were selected using purposive sampling in which respondents are structural officials at some universities which are located in West Jakarta, Banten, and Bandung. The structural officials should have minimum one-year term of experience and actively involved in the budgeting process. Eighty-seven respondents contributed in this study. The analysis technique used in this research is path analysis. The results revealed that participative budgeting has a positive influence on managerial performance. On the other hand, budgetary commitment has no influence on participative budgeting and the mediating effect of participatory budgeting has not been proven in this study. This study give contribution to managerial accounting literature especially in budgeting theory and also strengthen behavioral research literature.
Keywords: Budgetary commitment, participative budgeting, managerial performance.