Conceptual, behavioral and cultural issues of budget as a management tool

Abstract

Organizations have been trying to develop accurate systems of control in the face of fierce competition that compels them to formulate appropriate strategies to their purpose. In this context, budget represents a management tool widely used by companies, which assists in setting goals, evaluating results and identifying areas that need initiatives. More than emphasize the conceptual and technical aspects of the budget, this study aims to focus the cultural and behavioral approach presented in this management tool in order to clarify the values it contains and compare them with those of Brazilian culture. This research is based on the concept developed by researchers who argue that the management tools in general, carry values of their own culture so that the particular conditions in general, require specific solutions, which may become inadequate if applied in other contexts. A literature review regarding some researchers was performed to deal with the issue.