Accounting and management literature has, for a long time, been interested in the relationship between budget participation and employee performance, even though there is no agreement on the nature of the cause-and-effect relationship between participation in the budget process and employee (especially managerial) motivation or performance.

After performing library and online research, explain in detail the effects of budget participation on employees' performance. Begin with a general discussion of the importance of budgeting for companies. You should acknowledge different views of the relationship between budget participation and employee performance, but you should present an argument on whether or not the budget can be used as an effective tool to change and manage employees' attitudes and performance.