Beyond Budgeting: any chance for managementimprovement?

Fábio Frezatti
Additional contact information
Fábio Frezatti: University of São Paulo

Brazilian Business Review, 2004, vol. 1, issue 2, 118-135

Abstract: This study makes a comparative analysis of the discussion pointsbrought up by Hope and Fraser in questioning what they call the “traditional”company budget format, with a view to identifying aspects that offer more adequateand effective company management opportunities to organizations. In this sense, theconfrontation between both authors and the traditional ones leads to the conclusionthat, once again, this discussion deals with a new cycle that tries to recover classicqualitative budget aspects that, once complied with, do not need a new label for thesake of effective company management. Although the approach recommends thepossibility of not having an annual budget, strictly speaking, it proposes to emphasizea more strategic discussion, front line participation, greater confidence in managers,periodic result forecasting and elimination of the “fixed contract”, among otherelements. The critical analysis was divided into two groups so as to distinguishbetween criticism in relation to budget limitations and that resulting from itsinadequate usage. Finally, the authors do not solve some problems that may becaused by the nonexistence of a budget, besides creating other problems that wouldnot exist without the proposal.

Keywords: company budget; strategic. (search for similar items in EconPapers)
Date: 2004
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://bbronline.com.br/index.php/bbr/article/download/478/724 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bbz:fcpbbr:v:1:y:2004:i:2:p:118-135

Access Statistics for this article

Brazilian Business Review is currently edited by Emerson Mainardes

More articles in Brazilian Business Review from Fucape Business School Fucape Business School Brazilian Business Review Av. Fernando Ferrari, 1358, Boa Vista CEP 29075-505 Vitória-ES. Contact information at EDIRC.
Bibliographic data for series maintained by Sarah Lasso ( this e-mail address is bad, please contact ).