Kramer, Stephan; Hartmann, Frank - In: Abacus 50 (2014) 3, pp. 314-340
type="main" <p>This paper investigates the effects of a top-down (TD) versus bottom-up (BU) orientation in different stages of the budgetary target-setting process on slack and managerial performance. We use social exchange theory to explain the outcomes of these alternative budgetary arrangements,...</p>