Ni, F. Y., Su, C. C., Chung, S. H., and Cheng, K. C. 2009. Budgetary Participation's Effect on Managerial Outcomes: Mediating Roles of Self-efficacy and Attitudes Toward Budgetary Decision Makers. NTU Management Review, 19 (2): 321-348
Feng-Yu Ni, Professor, Department of Business Administration, National Sun Yat-Sen University
Chin-Chun Su, Assistant Professor, Department of International Business, Kao-Yuan University
Shao-Hsi Chung, Assistant Professor, Department of Business Administration, Mei-Ho Institute of Technology
Kuo-Chih Cheng, Assistant Professor, Department of Accounting, National Changhua University of Education
Abstract
This study employs social-cognitive and affective events theories to examine the mediating roles of attitudes toward budgetary decision makers and self-efficacy between budgetary participation and managerial outcomes. The relationships between mediating variables and between managerial outcomes were also examined in this study. Structural equation modeling (SEM) was used to test the theoretical model with 164 useful responses which was randomly drawn from the listing companies in Taiwan Stock Exchange. The results show that the indirect effects of budgetary participation on managerial outcomes through self-efficacy and attitudes are supported. Self-efficacy also plays the mediating role between budgetary participation and attitudes. Implications and directions for future research are discussed.
Keywords
budgetary participation self-efficacy attitudes