Sandalgaard, Niels; Bukh, Per Nikolaj - In: Journal of Public Budgeting, Accounting & Financial … 35 (2023) 5, pp. 568-586
Purpose This study focuses on ratcheting and budget behavior in nonprofit museums. Specifically, the authors examine … covering 97 state-subsidized Danish museums, the authors analyze budget ratcheting using least absolute deviation (LAD … actual revenue from admission charges is above the budget (i.e. the authors find asymmetrical ratcheting). Research …
