Please use this identifier to cite or link to this item: http://repository.kln.ac.lk/handle/123456789/11989
Title: Budgetary process and organizational performance of apparel industry in Sri Lanka
Authors: Silva, L.M.D.
Jayamaha, A.
Keywords: budgetary process
organizational performance
apparel industry
Issue Date: 2012
Citation: Silva, L.M.D., & Jayamaha, A. (2012). Budgetary process and organizational performance of apparel industry in Sri Lanka. Journal of Emerging Trends in Economics and Management Sciences, 3(4), 354.
Abstract: The budgetary process has been a part of management control system of the organization. This process encourages managers to plan, consider the stakeholders involved, provides information for improved decision making, increases and enhances communication and coordination among departments, and for evaluation. This paper seeks to evaluate budgetary process of apparel industry in Sri Lanka (BPA) and see whether budgetary process has significant impact on performance of such industry. The budgetary process of apparel industry was assessed by using variables such as planning, coordination, control, communication and evaluation. The performance of apparel industry in Sri Lanka was examined by using Return on Assets. Based on the data extracted from apparel industry’s financial statements, correlation coefficients and regression analysis showed that budgetary process have significant associations with the organizational performance of apparel industry in Sri Lanka. This confirms that efficient apparel companies maintain sound budgetary process which contributes to higher levels of organizational performance.
URI: 
http://repository.kln.ac.lk/handle/123456789/11989
Appears in Collections:Accountancy

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