Tag Archives: Coordination

Budgeting and Sustainable Performance in Nigeria Quoted Food and Beverages Companies (Published)

Budgeting entails a distinct pattern of financial decisions in profit oriented organizations. The uncertainties and volatility prevailing in Nigeria business environment leading to stock out, deflection of customers, insolvency and financial distress, effectual liquidation of companies and in the alternative relocation of businesses out of Nigeria have given rise to the challenge of budgeting and budgetary control in Nigeria quoted  food and beverages companies. This studt evaluated the effect of budgeting on sustainable performance of Nigeria quoted food and beverages companies. Survey research design was adopted.  The population for the survey comprised all the eighteen (18) quoted food and beverages quoted companies in Nigeria stock Exchange as at 31 December 2017, out of which five (5) respondents with experience in accounting and finance were selected in each organization using purposive and judgmental sampling techniques.  Sixty (60) copies of the questionnaire were administered with retrieval rate of 92% .The findings showed that budgeting has significant  positive effect on production quantity with R2 0.448,F-statistics 9.938,p-value 0.000.Budgeting has significant positive  effect on turnover with R,20.409,F-statistics 8.488,p-value 0.000.Budgeting has significant positive effect on profit after tax with R2 0.255,F-statistics 4.188 and p-value 0.005.Budgeting has significant  weak but positive effect on dividend paid with R2 0182,F-stattistics of 2.733 and p-value of 0039.The result of the combined effect showed that budgeting has  positive and significant effect on sustainable performance of Nigeria quoted food and beverages companies in Nigeria with R2 0.511,F-statistics of 12.778 and p-value of 0.000.The study concluded that budgeting has positive effect on sustainable performance of Nigeria quoted food and beverages companies in Nigeria.

Budgeting entails a distinct pattern of financial decisions in profit oriented organizations. The uncertainties and volatility prevailing in Nigeria business environment leading to stock out, deflection of customers, insolvency and financial distress, effectual liquidation of companies and in the alternative relocation of businesses out of Nigeria have given rise to the challenge of budgeting and budgetary control in Nigeria quoted  food and beverages companies. This studt evaluated the effect of budgeting on sustainable performance of Nigeria quoted food and beverages companies. Survey research design was adopted.  The population for the survey comprised all the eighteen (18) quoted food and beverages quoted companies in Nigeria stock Exchange as at 31 December 2017, out of which five (5) respondents with experience in accounting and finance were selected in each organization using purposive and judgmental sampling techniques.  Sixty (60) copies of the questionnaire were administered with retrieval rate of 92% .The findings showed that budgeting has significant  positive effect on production quantity with R2 0.448,F-statistics 9.938,p-value 0.000.Budgeting has significant positive  effect on turnover with R,20.409,F-statistics 8.488,p-value 0.000.Budgeting has significant positive effect on profit after tax with R2 0.255,F-statistics 4.188 and p-value 0.005.Budgeting has significant  weak but positive effect on dividend paid with R2 0182,F-stattistics of 2.733 and p-value of 0039.The result of the combined effect showed that budgeting has  positive and significant effect on sustainable performance of Nigeria quoted food and beverages companies in Nigeria with R2 0.511,F-statistics of 12.778 and p-value of 0.000.The study concluded that budgeting has positive effect on sustainable performance of Nigeria quoted food and beverages companies in Nigeria.

Keywords: Budgeting, Control, Coordination, Evaluation, Planning, and sustainable performance.

Job Involvement: Attitudinal Outcome of Organizational Structural Factors (Published)

Healthcare has always been in the priority of individuals, society and nation. It’s importance is endorsed by the status which is given to the health care professionals that is second God on earth. Health care as a Nobel service is provided by specifically skilled professionals who are working in a stressful condition that too day and night. These professionals are not super humans and are also gets influenced by work environment. Present study was conducted on medical staff working in not-for-profit public hospitals (N=300) in northern India. Study explored the influence of decentralization, coordination and work autonomy on job involvement among health care professionals. Results revealed that structural factors (Co-ordination & work autonomy) significantly predicted perceived levels of job involvement. Results also highlighted the significance of co-ordination and work at their own, which may be promoted by hospital administrators for getting positive outcomes through increasing job involvement of employees. Findings of the present study is very much helpful to the health care administrators for taking strategic directions and forming the organizational policies related to HRM in government hospitals, so that work climate of government hospital will become facilitating for increasing job involvement among employees further their performance as well. Study has important implications for government health care sector, as large section of population of India depends on public sector hospitals for their health care.

Keywords: Coordination, Decentralization, Job Involvement, Job attitude, Work autonomy