Research On Optimization Of Budget Incentive Mechanism From The Perspective Of Slack Governance

As an important tool of modern enterprise management,budget management has been effectively promoted and applied in enterprises,and it plays an important role in enterprise development.But in practice,the imperfect budget management system and the lack of incentives for budget staff make budget staff choose budget slack when preparing budgets.If budget slack cannot be well controlled,budget management can only be a mere formality,wasting the resources of the enterprise and hindering the development of the enterprise.In the past,companies often ignored the "incentives" for budgets.However,with the development of modern management concepts,all sectors of the society have paid more and more attention to the "people-oriented" concept,and companies have begun to attach importance to the incentives for budget personnel in budget management.This article refers to the relevant literature on budget slack at home and abroad,and sorts out the relevant research on the meaning,causes,consequences and budget incentive mechanism of budget slack.Budget slack behavior exists in the link of budget preparation and budget execution.This article mainly discusses how to motivate budget personnel to make more realistic budgets in the link of budget preparation to alleviate the phenomenon of budget slack.This article uses principal-agent theory,information asymmetry theory and behavioral science theory,combined with G thermal power enterprise budget management organization system,preparation process,implementation status,evaluation methods,etc.to analyze the reasons for budget management.Based on the relevant literature and the budget management situation of G thermal power enterprises,this paper designs a questionnaire and designs five variables,namely:budget slack,budget participation,material incentives,spiritual incentives and negative incentives.The questionnaire was filled out by the relevant personnel of the G thermal power company involved in the budget,and finally 206 valid questionnaires were recovered,which were used as the data for the research,and the questionnaire data was statistically analyzed using the multiple regression equation model,and In-depth analysis of the impact of various factors on corporate budget slack.According to the results of the questionnaire data regression equation,in G thermal power companies,budget participation and negative incentives are all positively correlated with budget slack.Among them,budget participation has the greatest impact,followed by negative incentives.Finally,based on the analysis of the budget management situation of G thermal power companies and the analysis of the questionnaire survey results,the incentive mechanism optimization countermeasures from the perspective of budget slack governance are proposed.It is recommended that G thermal power enterprises streamline the budget management system and strengthen the monitoring and analysis of the budget,strengthen information exchange channels and reduce information asymmetry.And It is also necessary to improve the budget evaluation system and optimize the budget incentive mechanism to give full play to the role of incentives.