Impact of Budgeting Technique on the Achievement of Corporate Objectives

Student: Olamilekan Akinsanmoye (Project, 2025)
Department of Accountancy
Osun State Polytechnic, Iree, Osun State

Abstract

This study evaluates the impact of Budgeting Techniques on the Achievement ofCorporate objectives.The objectives of the study are to determine the;infuence ofdebr financing on profitability of banks and to determine the inluence of equityfinance on profitability of banks in Nigeria.Expo facto techniques were adopted andsecondary data were used as instrument for data collection.Results showed that debt[financing has influence on profitability of banks in Nigeria and equity financing hasinfluence on profitabiliry of banks in Nigeria.Based on the findings,the studyrecommended that Nigeria n Securities and Exchange Commission(SEC)shouldensure that the management of the quoted financial institutions should employ acritical analysis of the appropriate debt-equity mix suitable for banks and futureresearch should use additional control variables to increase the explanatory power ofthe dependent variable.

Keywords
impact budgeting technique achievement corporate objectives
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