The relationship between using predictive budgets and financial planning effectiveness in Jordanian Manufacturing Companies

<p>This objective of this study is to investigate the relationship between using predictive</p><p>budgets and the effectiveness of financial planning effectiveness in Jordanian</p><p>Manufacturing Companies (JMCs). A standardized...

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Main Author: Al Khalafat, Faris Dhamin
Format: thesis
Language:eng
Published: 2022
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Online Access:https://ir.upsi.edu.my/detailsg.php?det=9916
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institution Universiti Pendidikan Sultan Idris
collection UPSI Digital Repository
language eng
topic HG Finance
spellingShingle HG Finance
Al Khalafat, Faris Dhamin
The relationship between using predictive budgets and financial planning effectiveness in Jordanian Manufacturing Companies
description <p>This objective of this study is to investigate the relationship between using predictive</p><p>budgets and the effectiveness of financial planning effectiveness in Jordanian</p><p>Manufacturing Companies (JMCs). A standardized random sampling method was</p><p>adopted in this research. The questionnaire has six parts and 61 items were used to</p><p>measure the relationship between predictive budgets enablers and financial planning</p><p>effectiveness. The research population is consisting of Jordanian manufacturing</p><p>companies with registered capital of Jordanian Dinar 50,000 or above (approx. US$</p><p>70,000). The total population of the study found is 399 companies, and the sample size</p><p>was 196 companies. The questionnaires were directed to the highest financial officer in</p><p>each company. Valid questionnaires for the study were 191, and 5 questionnaires were</p><p>incomplete. Pearson correlation results proved that there is a significant positive</p><p>relationship between enablers of using predictive budgets, namely, desire of using</p><p>predictive budgets, commitment to use system outputs of predictive budgets,</p><p>determinants of using predictive budgets, using scientific approach in preparing</p><p>predictive budgets, and the availability of knowledge and skills, and financial planning</p><p>effectiveness in JMCs. This study contributes to the addition of predictive role of</p><p>budgeting to theoretical framework according to the best managerial practices. The</p><p>practical contribution of this study is that it will assist JMCs to increase its financial</p><p>planning effectiveness and competitiveness abilities.</p>
format thesis
qualification_name
qualification_level Master's degree
author Al Khalafat, Faris Dhamin
author_facet Al Khalafat, Faris Dhamin
author_sort Al Khalafat, Faris Dhamin
title The relationship between using predictive budgets and financial planning effectiveness in Jordanian Manufacturing Companies
title_short The relationship between using predictive budgets and financial planning effectiveness in Jordanian Manufacturing Companies
title_full The relationship between using predictive budgets and financial planning effectiveness in Jordanian Manufacturing Companies
title_fullStr The relationship between using predictive budgets and financial planning effectiveness in Jordanian Manufacturing Companies
title_full_unstemmed The relationship between using predictive budgets and financial planning effectiveness in Jordanian Manufacturing Companies
title_sort relationship between using predictive budgets and financial planning effectiveness in jordanian manufacturing companies
granting_institution Universiti Pendidikan Sultan Idris
granting_department Fakulti Pengurusan dan Ekonomi
publishDate 2022
url https://ir.upsi.edu.my/detailsg.php?det=9916
_version_ 1794025776725622784
spelling oai:ir.upsi.edu.my:99162024-03-18 The relationship between using predictive budgets and financial planning effectiveness in Jordanian Manufacturing Companies 2022 Al Khalafat, Faris Dhamin HG Finance <p>This objective of this study is to investigate the relationship between using predictive</p><p>budgets and the effectiveness of financial planning effectiveness in Jordanian</p><p>Manufacturing Companies (JMCs). A standardized random sampling method was</p><p>adopted in this research. The questionnaire has six parts and 61 items were used to</p><p>measure the relationship between predictive budgets enablers and financial planning</p><p>effectiveness. The research population is consisting of Jordanian manufacturing</p><p>companies with registered capital of Jordanian Dinar 50,000 or above (approx. US$</p><p>70,000). The total population of the study found is 399 companies, and the sample size</p><p>was 196 companies. The questionnaires were directed to the highest financial officer in</p><p>each company. Valid questionnaires for the study were 191, and 5 questionnaires were</p><p>incomplete. Pearson correlation results proved that there is a significant positive</p><p>relationship between enablers of using predictive budgets, namely, desire of using</p><p>predictive budgets, commitment to use system outputs of predictive budgets,</p><p>determinants of using predictive budgets, using scientific approach in preparing</p><p>predictive budgets, and the availability of knowledge and skills, and financial planning</p><p>effectiveness in JMCs. This study contributes to the addition of predictive role of</p><p>budgeting to theoretical framework according to the best managerial practices. The</p><p>practical contribution of this study is that it will assist JMCs to increase its financial</p><p>planning effectiveness and competitiveness abilities.</p> 2022 thesis https://ir.upsi.edu.my/detailsg.php?det=9916 https://ir.upsi.edu.my/detailsg.php?det=9916 text eng closedAccess Masters Universiti Pendidikan Sultan Idris Fakulti Pengurusan dan Ekonomi <p>Abdel-Kader, M., & Luther, R. (2006). Management accounting practices in the British food and drinks industry. British Food Journal, 108(5), 336357. https://doi.org/10.1108/00070700610661321</p><p>Abdul-Rahman, A., & Aziz, A. M. A. (2017). Preparing planning budgets and their impact on financial planning, Doctoral dissertation. Sudan University of Science and Technology.</p><p>Abu-Nassar, M. (2003). Management Accounting (1st ed.). Wael publishing House.</p><p>Agarwal, S., Amromin, G., Ben-David, I., Chomsisengphet, S., & Evanoff, D. (2015). Financial literacy and financial planning: Evidence from India. 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