Search results for query: Maruszewska

1. The Joint Effect of Stakeholder and Incentive on the Acceptance of Budgetary Slack. Observed Differences in Hierarchy of Needs Indicated by Polish Management Accountants
   

   Author: Marta Nowak, Ewa Maruszewska

   See Issue Contents: fins.2022.1

   Abstract:

   This research aims to investigate the joint effect of incentive and stakeholder type on the acceptance of the budgetary slack and examine the changes in rankings of five needs described in Maslow's pyramid concerning the acceptance of budgetary slack. Using experiment procedure among Polish management accounting practitioners, we document that motivational incentive and type of stakeholder interacted to affect the acceptance of budgetary slack. Specifically, management accountants experiencing non-monetary incentives and standing in a situation where internal stakeholders’ expectations can be met with budgetary slack showed the highest acceptance of budgetary slack as professional behaviour. With regards to Maslow's pyramid, we found that respondents not accepting budgetary slack as professional behavior ranked higher the needs that are on the top of Maslow’s pyramid. Contrary, those accepting budgetary slack were more often choosing safety needs suggesting that striving to keep a job is a significant decision-making determinant. The most important conclusion from this study indicates the threat of overstated or understated revenues and costs in budgetary planning due to self-interest and a desire to meet stakeholders' expectations. This finding, together with rankings of Maslow's needs, show a necessity for further research in order to deepen our knowledge in the field of ethical managerial decision-making.

   ---