Abstract
Article history: Received March 25, 2015 Received in revised format June 1 2015 Accepted June 27 2015 Available online July 1 2015 The present study investigates the effects of participation of managers in budgeting on their management performance in the Tehran regional electricity company. Variables of this study are participation in budgeting, performance of managers, adequacy of funding and resource allocation, job satisfaction, organizational commitment and organizational trust. The type of research is survey. The study population consists of all middle level managers of Tehran Regional Electricity Company who according to the approved organizational chart were 34 in 2012. The research tool is a questionnaire. Analysis of data collected is accomplished by using the SPSS and smartPLS. The results show a significant correlation between the variables of managers' participation in budgeting and organizational trust, adequacy of funding and resource allocation and job satisfaction, organizational trust of managers on organizational commitment, organizational commitment and competence in the absorption of funding and optimal resource allocation and finally the competence in funding and optimal resource allocation of managers as well as job satisfaction and management performance. Growing Science Ltd. All rights reserved. 5 © 201
Highlights
The budget is the lifeline of any organization, because organizations do all their financial activities, including revenue and payment of expenses for the implementation of various programs in the framework of budget
The present study has investigated the effects of managers' participation in budgeting on their management performance in Tehran Regional Electricity Company
The results have showed that a significant relationship existed between the variables of managers' participation in budgeting and organizational trust, competence in funding and resource allocation and job satisfaction, organizational commitment on organizational trust, organizational commitment of managers and competence in funding and resource allocation and the variable of competence in funding and resource allocation of managers and job satisfaction and management performance
Summary
The budget is the lifeline of any organization, because organizations do all their financial activities, including revenue and payment of expenses for the implementation of various programs in the framework of budget. Budgeting associated with current affairs leads to improved management and performance of the program (Sayden, 2010). Kern (1992) stated that participation in budgeting has led to an increase in information available to employees; this factor leads to increased managers' efficiency. He stated that increasing the instability and volatility in the organization may have positive effects on corporate performance in budgeting increases (Kern, 1992). Budget means planning and control and a budget that is prepared and regulated based on the studies, and the participation of managers of an institution determines the practice of management and provides desired harmony between the whole activity of a company or institute. The main question that arises in this research is to determine the type of relationship between participation of managers in budgeting and their management performance in Tehran regional electric company
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