Influence of the Budget Control System on the Company's Financial Performance

A company certainly has goals to achieve. Various things can help in achieving company goals, one of which is the budget control system. The purpose of this study was to determine the effect of the budget control system on financial performance. The type of research used is quantitative. The data source used is secondary data obtained through the documentation method. The population in this study were companies in City X. Meanwhile, the sampling technique used in this study is a non-probability sampling technique, more precisely using saturated sampling technique, namely sampling determination technique with all population members used as samples. The sample obtained was 90 companies in City X. The data analysis techniques used are validity test, reliability test, normality test, and t test and determination coefficient test for hypothesis testing. The results obtained that the budget control system has a significant effect on the company's financial performance. The better the financial control system, the better the financial performance.

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Publication Details

Journal
Evolutionary Studies in Imaginative Culture
Published
2024-09-17
DOI
https://doi.org/10.70082/esiculture.vi.1224
Primary Topic
Banking, Crisis Management, COVID-19 Impact
Type
article
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article

Influence of the Budget Control System on the Company's Financial Performance

Erpi Rahman
Evolutionary Studies in Imaginative Culture
Banking, Crisis Management, COVID-19 Impact
article

Influence of the Budget Control System on the Company's Financial Performance

Erpi Rahman
article en

Abstract

A company certainly has goals to achieve. Various things can help in achieving company goals, one of which is the budget control system. The purpose of this study was to determine the effect of the budget control system on financial performance. The type of research used is quantitative. The data source used is secondary data obtained through the documentation method. The population in this study were companies in City X. Meanwhile, the sampling technique used in this study is a non-probability sampling technique, more precisely using saturated sampling technique, namely sampling determination technique with all population members used as samples. The sample obtained was 90 companies in City X. The data analysis techniques used are validity test, reliability test, normality test, and t test and determination coefficient test for hypothesis testing. The results obtained that the budget control system has a significant effect on the company's financial performance. The better the financial control system, the better the financial performance.

Evolutionary Studies in Imaginative Culture
Openalex Percentile: Top 72%
Banking, Crisis Management, COVID-19 Impact
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