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Does Managerial Commitment Mediate Budgeting Practices and Financial Performance Relationships in 3D Printing Smmes?

Year: 2024

Type: article

Abstract: This study examined the mediating effect of managerial commitment on the relationships between budgeting practices and financial performance among 3D printing SMMEs in South Africa. The study used the stratified and purposive sampling techniques to select 250 managers and employees of 3D printing SMMEs in South Africa. The results of the study showed that a significant negative relationship exists between budget planning and financial performance, while a non-significant positive relationship exists between budget participation and financial performance. Significant positive relationships exist between budget planning and managerial commitment, budget participation and managerial commitment and also managerial commitment and financial performance. Managerial commitment mediates the relationship between budget planning and financial performance as well as budget participation and financial performance. The study recommends that 3D printing SMMEs must leverage on managerial commitment to enhance their budgeting practices and financial performance.

Source: International Journal of Applied Research in Business and Management

DOI: 10.51137/wrp.ijarbm.2024.eadt.45622

Authors: Edinam Agbemava, Agbanu Gameli Prosper, Afrifa Sampson Junior, Mathew Opoku Agyemang-Duah, Stanley Nelvis Glate

Institution: Ho Technical University

Language: English

Topic: Accounting and Organizational Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

Funder: Defence and Security Accelerator

OpenAlex ID: W4404791758

FWCI:

Cites: 47

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Related to: 10