A CASE STUDY OF VIETNAMESE MANUFACTURING ENTERPRISES' PRODUCTION BUSINESS BUDGETS AND PERFORMANCE RESULTS

Abstract

This study investigates the impact of production and business budgets on business performance in Vietnamese manufacturing enterprises. The 135 surveys received after data cleaning were used to evaluate the regression model on SPSS 26 software.Research results have shown that there is a significant positive impact on the clarity of budget objectives, information feedback from budgets, and the scope and frequency of using budgets on business performance; and managers' participation in the budgeting process does not affect the performance of the business.In an increasingly competitive environment and businesses' goals towards sustainable development, the need to use information about production and business budgets becomes increasingly important. Therefore, the research results can be a useful reference for managers of Vietnamese manufacturing enterprises using production and business budgetsto provide information to improve business performance.