Cross-cultural impact on the budgeting cycle: a preliminary analysis of Anglo-American and Libyan companies operating in Libyan oil sector

James, Kieran and Kanan, Ramadan and Mula, Joseph M. (2010) Cross-cultural impact on the budgeting cycle: a preliminary analysis of Anglo-American and Libyan companies operating in Libyan oil sector. In: 2010 Accounting & Finance Association of Australia and New Zealand Conference (AFAANZ 2010), 4-6 July 2010, Christchurch, New Zealand.

[img] PDF (Published Version)
James_Kanan_Mula_AFAANZ_2010_PV.pdf

Download (425Kb)

Abstract

[Abstract]: Globalization is causing the rapid integration of markets, nations, and technology, which facilitates faster contact between people, corporations, and nations. However, there is a failure to notice cultural differences that exist between workforces across nations. Thus all staff needs to have cultural sensitivity, which could be helped by studying cross-cultural differences. Current understanding of how and why specific budget aspects and budgeting processes are different could be attributed to cultural differences. This study utilizes societal cultural dimensions identified by Hofstede to identify differences in budgets and budgeting process between Libyan and Anglo-American companies operating in Libyan oil sector. Some preliminary analysis is discussed.


Statistics for USQ ePrint 8911
Statistics for this ePrint Item
Item Type: Conference or Workshop Item (Commonwealth Reporting Category E) (Paper)
Refereed: Yes
Item Status: Live Archive
Additional Information: No evidence of copyright restrictions.
Depositing User: epEditor USQ
Faculty / Department / School: Historic - Faculty of Business - School of Accounting, Economics and Finance
Date Deposited: 04 Nov 2010 02:13
Last Modified: 03 Jul 2013 00:04
Uncontrolled Keywords: culture; cultural dimensions; budget; budgeting process; Libyan oil sector
Fields of Research (FOR2008): 14 Economics > 1402 Applied Economics > 140210 International Economics and International Finance
URI: http://eprints.usq.edu.au/id/eprint/8911

Actions (login required)

View Item Archive Repository Staff Only