IDEAS home Printed from https://ideas.repec.org/a/ids/ijpmbe/v10y2020i3p397-418.html
   My bibliography  Save this article

A model for operational budgeting by the application of interpretive structural modelling approach: a case of Saipa Investment Group Co

Author

Listed:
  • Mohsen Vaez-Ghasemi
  • Mohammad Taleghani
  • Mohsen Shafieyan

Abstract

The operational budgeting system is a managerial system considered by governments at national and local levels for improving the efficiency and effectiveness of the resource consumption in organisations. The present research was aimed to present a model of operational budgeting based on interpretive structural modelling (ISM) in Saipa Co. So, 46 factors underpinning operational budgeting were identified by literature review, experts were surveyed to derive the most important factors resulting in 14 factors, and an ISM-based structured matrix questionnaire was designed to find out the interrelations of these factors. The data collected by the questionnaire were analysed by ISM and were mapped out at seven levels in an interactive network in that 'shareholders' and 'accounting and financial reporting systems' were placed at the highest level. The results revealed that the most effective factor in driving power-dependence matrix was 'annual budget and the five-year development plan' so that the operational budgeting of Saipa Investment Co. was dependent on this factor.

Suggested Citation

  • Mohsen Vaez-Ghasemi & Mohammad Taleghani & Mohsen Shafieyan, 2020. "A model for operational budgeting by the application of interpretive structural modelling approach: a case of Saipa Investment Group Co," International Journal of Process Management and Benchmarking, Inderscience Enterprises Ltd, vol. 10(3), pages 397-418.
    • Handle: RePEc:ids:ijpmbe:v:10:y:2020:i:3:p:397-418
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=107938
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijpmbe:v:10:y:2020:i:3:p:397-418. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=95 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.