EFFECT OF BUDGET PARTICIPATION, BUDGET EMPHASIS, INDIVIDUAL CAPACITY ON BUDGETARY SLACK AND MANAGERIAL PERFORMANCE WITH PERFORMANCE BASED BUDGETING AS A MODERATING VARIABLE AT BAITUL MAL WA TANWIL (BMT)
This study aims to prove and analyze the influence of budget participation, budget emphasis, individual capacity, on budgetary slack and managerial performance with performance-based budgeting as a moderating variable in Baitul Mal wa Tanwil (BMT). This study uses a quantitative approach. The data used in this study are primary data sourced from questionnaires. The population in this study were management and operational managers at 96 BMTs in the former Surakarta Residency, with a sample of 352 respondents. Data analysis and hypothesis testing in this study used LISREL 8.8 to solve the Structural Equation Model (SEM) problem. The results of the study show that 1) Budget Participation has no effect on Budgetary Slack in BMT 2) Budget Emphasis affects Budgetary Slack in BMT. (3) Individual Capacity affects Budgetary Slack in BMT. (4) Budget Participation affects Managerial Performance in BMT. (5) Budget Emphasis has no effect on Managerial Performance in BMT. (6) Individual Capacity affects Managerial Performance in BMT. (7). Budgetary Slack does not mediate the effect between Budget Participation and Managerial Performance on BMT (8) Budgetary Slack does not mediate the effect between Budget Emphasis and Managerial Performance on BMT. (9). Budgetary Slack does not mediate the influence between Individual Capacity and Managerial Performance in BMT (10) Budget Participation strengthens the influence between Budgetary Slack and Performance Based Budgeting in BMT. (11) Budgetary Slack has no effect on Managerial Performance in BMT.
Budget Participation, Budget Emphasis, Individual Capacity, Budgetary Slack, Performance Based Budgeting, Managerial Performance