Date of Conferral

4-24-2026

Degree

Doctor of Business Administration (D.B.A.)

School

Management

Advisor

Willam Stokes

Abstract

The lack of effective strategies for allocating organizational financial resources can lead to adverse business outcomes. Business managers are concerned about the ineffective allocation of financial resources, as it can impede financial performance and sustainability.Grounded in stakeholder theory, the purpose of this qualitative single-case study was to explore the performance-based budgeting strategies that business managers use to sustain financial profitability. The participants were 10 business managers who oversee subsidiaries that successfully implemented performance-based budgeting.Data were collected through semistructured interviews and the review of organization documents. Through thematic analysis, four themes were identified: (a) traditional versus contemporary budgeting; (b) importance of financial statements; (c) management roles and responsibility; and (d) financial performance and stability. A key recommendation is for business leaders to provide employees with training to develop financial and strategic competencies. The implications for positive social change include the potential for business growth and a direct and measurable impact on societal well-being. Enhanced financial performance enables firms to invest in human capital, offer better wages, and contribute to social stability.

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