Budget As A Management Tool For Corporate Performance: A Study Of Enugu State Housing Development Corporation
ABSTRACT
This research work was focused on
investigation on the role of budgeting and budgetary control as a management
tool for corporate performance; a case study of Enugu State Housing Development
Corporation. The organization is faced with the problem of lack of budgeting
while planning and controlling their activities. The objective of the study was
to determine whether budgeting improves corporate performance and to ascertain
f budgeting improves management efficiency and output. Data were collected from
primary sources involving 60 respondents from Enugu State Housing Development
Corporation. Data obtained were analyzed using simple descriptive statistics
while chi -square statistical instrument was applied in the test of the study
hypotheses designed to determine how corporate performance can be improved and
on whether budgeting contributes to improved management efficiency and output.
From the study it was found that budget plays an important role in an
organization as it improves the overall performance of managers. The researcher
recommended that the budgetary process be improved, budget committee should be
educated and that budget approval should be made public to avoid corruption.
The above recommendation is to ensure that the budgetary process won '1 be flawed
so that the organization will attain its objectives and targets.
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NGENE, U (2021). Budget As A Management Tool For Corporate Performance: A Study Of Enugu State Housing Development Corporation. Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/budget-as-a-management-tool-for-corporate-performance-a-study-of-enugu-state-housing-development-corporation-7-2
UCHENNA, NGENE. "Budget As A Management Tool For Corporate Performance: A Study Of Enugu State Housing Development Corporation" Mouau.afribary.org. Mouau.afribary.org, 17 Nov. 2021, https://repository.mouau.edu.ng/work/view/budget-as-a-management-tool-for-corporate-performance-a-study-of-enugu-state-housing-development-corporation-7-2. Accessed 01 Nov. 2024.
UCHENNA, NGENE. "Budget As A Management Tool For Corporate Performance: A Study Of Enugu State Housing Development Corporation". Mouau.afribary.org, Mouau.afribary.org, 17 Nov. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/budget-as-a-management-tool-for-corporate-performance-a-study-of-enugu-state-housing-development-corporation-7-2 >.
UCHENNA, NGENE. "Budget As A Management Tool For Corporate Performance: A Study Of Enugu State Housing Development Corporation" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/budget-as-a-management-tool-for-corporate-performance-a-study-of-enugu-state-housing-development-corporation-7-2