摘要：AbstractThis study examines the impact of regulatory environment on the slack mechanisms of business units in Indonesia. The slack mechanisms of this study, specifically is conducted by testing the impacts of competitive forces and diversification on the use of accounting performance measures and financial and budgetary slack. Furthermore, this study then examines whether the impact of regulatory environment in which the company operates may affect those mechanisms. Multi-level structural equation modeling is used to test 122 firm-specific responses from manufacturing industry. The results indicate that the regulation affect the impact of competitive forces, diversification and use of accounting numbers for performance evaluation on the financial and budgetary slack.
关键词：Financial slack;Budgetary slack;Reliance on accounting performance measures;Diversification;Regulation
