Research on Budgeting and Performance at Vietnamese Labor Export Enterprises
DOI:
https://doi.org/10.61707/3t1nw014Keywords:
Budget, Impacts, Performance, Labor Export EnterprisesAbstract
Labor export activities are a profession that is greatly affected by the socio-economic and political situation in the country and in the world. Labor export enterprises need business management tools to help managers cope with future uncertainties and the context of continuous integration into the world economy. Production and business budgeting is one of the widely used management tools in enterprises. When production and business budgeting is well prepared, the information it provides will help labor export enterprises improve communication efficiency, coordinate activities between departments effectively and is especially useful for evaluating the performance of enterprises. This article studies 145 labor export enterprises in Vietnam. The research results show that enterprises have been using production and business estimates to provide information for business administrators. In addition, factors such as the clarity of budget targets, feedback from budgets, scope and frequency of budget use have a positive impact on the performance of Vietnamese labor export enterprises. Meanwhile, the participation of managers in the budgeting process does not affect the performance of labor export enterprises in Vietnam.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
CC Attribution-NonCommercial-NoDerivatives 4.0