Using a Vector Autoregression (VAR) Model to Demonstrate How Forecasting Can Improve an Organisation's Understanding of its External Environment – An Empirical Investigation of the Health Sector

Abstract

Introduction:The budgeting process is a primary function, to provide a level of control, for the management of companies by providing sales and costs benchmarks against which managers are required to perform. Budgets also play... [ view full abstract ]

Authors

  1. Ruth Gibbs (University College Cork)
  2. Michelle Carr (University College Cork)
  3. Mark Mulcahy (University College Cork)
  4. Don Walshe (University College Cork)
  5. Valerie Walshe (Health Service Executive)

Topic Area

Topics: Accounting, Finance and Corporate Governance

Session

AFCG - 3 » Accounting, Finance and Corporate Governance - Session 3 (09:00 - Wednesday, 5th September, G02)

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