Assessment of Financial Performance : Transformational Leadership and Budget Participation Effect with Mediating of Strategy Management (Study of Indonesian Hospitals)

Abstract

The purpose is obtain empirical evidence about the effect of transformational leadership and participation in budget towards on strategic management, strategic management influence on financial performance, and the effect of transformational leadership in budgetary participation, the influence of transformational leadership on financial performance through participation in a budget, and the effect of transformational leadership and participation in the budget financial performance through strategic management. Research used survey data collection methods. Samples were obtained from government and private hospitals in the city of Bandung Indonesia. The research using a survey organization level, by collected samples from 30 hospitals with  110 units of the respondent, the lowest value represent by adjusted R square.

Keywords Indonesian, Hospitals, Transformational Leadership, Budgetary Participation, Management Strategy, and Financial Performance