Details
| Title | A Descriptive Study of Cultural and Behavioral Influences in Budget Management Practices of Nonprofit Organizations in Cebu City |
| Author | Carumba, Jaela Mer H.*; Borbon, Carolyn Joy L.; Catarinin, Lovelyn D.; Famor, Mary Avegaille Z.; Obejero, Marilouna C. |
| Department | Accounting and Finance |
| Year | 2023 |
| Abstract | Culture and behavior affect the budget practices of Nonprofit organizations (NPO) in Cebu City. Simultaneously, the budget practices are related to the Cebuanos' culture and behaviors. Studies involving budget practices, culture, and behavior are found, but only a few focus on the relationship between both concepts. With the use of Descriptive results, Weighted Mean, and Principal Component Analysis (PCA), this study discovered that the dominant Cebuano values: 'Espirituhanon,' 'Garbo,' and 'Lumadnon' had a significant influence on the budget practices. Among the three variables, 'Espirituhanon' has significantly influenced the Budget Practice. The study gathered data from 51 NPOs located in Cebu City. This study provides an understanding of the relationship between the NPOs' budget practices and the Cebuanos' culture and behaviors, which have yet to be investigated. With this, NPOs can acknowledge the Cebuano culture and behavior that dominantly influences their practice in budget. This will allow them to appreciate and apply such Cebuano value in their decisions towards implementing regulations on their budget practices. The results also help design interventions for improving the effectiveness of the budget management practiced by the NPOs in Cebu City. |
| Keywords | Nonprofit Organizations, Budget Practices, Cebuano Culture and Behavior, Weighted Mean, Principal Component Analysis |
| DOI | usjr_000075 |
ASSESSING THE LEVEL OF OCCUPATIONAL STRESS AMONG OFFICE- BASED EMPLOYEES OF UNITED DRIVERS AND OPERATORS TRANSPORT COOPERATIVE IN P. RODRIGUEZ ST., LAPU-LAPU CITY
Views: 114, Downloads: 1
Alignment of the USJ-R BSA and BSMA 4th Year Students’ IT Skills with the Entry-level IT Skills Deemed Important in the Accounting Industry in Cebu City, Philippines
Views: 105, Downloads: 1
FACTORS INFLUENCING GULLIBLE ACTS IN INVESTMENT FRAUD PARTICIPATION AMONG 3 BUSINESS STUDENTS IN CEBU CITY
Views: 74, Downloads: 4
BIR move to Digitalization: The Preparedness of Businesses Engaged in the Export of Manufactured Goods to E-invoicing in Cebu, Philippines
Views: 66, Downloads: 1