Hjartåker, Stine; Kristiansen, Stine (2012):
Beyond budgeting in Statoil : ownership towards ambition to action
Norges Handelshøyskole
Please note: This page may contain data in Norwegian that is not translated to English.
Type of publication:
Hovud-/magister-/masteroppgåve
Link to publication:
Link to review:
https://openaccess.nhh.no/nhh-xmlui/handle/11250/169709
Number of pages:
118
Language of publication:
Engelsk
Country of publication:
Norge
NSD-reference:
5436
This page was last updated:
2/8 2024
State units related to this publication:
Summary:
Beyond Budgeting is the concept of moving away from the traditional budget, and ownership is crucial when going beyond the budget. According to Pierce, Kostova and Dirks (2001, 2003), psychological ownership is when an individual feels psychologically tied to something. This thesis aims to enrich the ownership literature, and factors influencing psychological ownership towards Statoil’s performance management process, Ambition to Action, have been hypothesized. Ambition to Action involves strategic objectives, KPIs, actions and individual goals. Statistical findings indicate that the feeling of ownership towards KPIs tends to be weaker than the feeling of ownership towards actions, strategic objectives and individual goals. Furthermore, time is an issue when working on Ambition to Action. The hypotheses that were statistically supported in this thesis are related to the number of sub-‐units, trust and information sharing. Hypotheses related to dependency and number of employees do not get support, and are therefore rejected.