CLARITY AS A MODERATING VARIABLE BETWEEN BUDGET PARTICIPATION AND MANAGERIAL PERFORMANCE

ABSTRACT: The significance of managerial performance in an organisation, particularly within the realm of private sector corporate governance, cannot be overstated. This performance serves as a comprehensive assessment of the level of achievement attained via the execution of various activities.The primary aims of this study were to investigate the association between the selection of goal clarity as a moderating variable and the relationship between budget participation and management success. A suitable sampling strategy was employed to choose a total sample size of three (3) banks listed on the Nigeria Stock Exchange from a research population consisting of over one hundred organisations. This study employed regression analysis to examine the potential moderating effects of budgetary participation and budget goal clarity on the managerial performance of Diamond Bank, Polaris Bank, and UBA. The independent variables in this analysis were budgetary participation and budget goal clarity, while the dependent variable was the managerial performance of the aforementioned banks. The study's findings indicate that the involvement of leaders in budget decision-making and the clarity of organisational goals have a substantial impact on their managerial success. The researcher thus suggests that managers should establish explicit objectives and actively engage in the assessment of revenue and expenses within defined parameters of the organisation to avoid incurring a deficit.