ABSTRACT This research analyzed the enabling cognitive effects of vertical information sharing on psychological capital, managerial attitudes, and managerial performance of professional controllers. A descriptive and quantitative survey was carried out with 267 professionals in the controllership area of companies operating in Brazil. In the context of the budget, the results indicate that, with the sharing of information between superiors and subordinates, the psychological capacities of these professionals are promoted, stimulating self-efficacy, hope, resilience, and optimism, dimensions that comprise psychological capital. People with a positive state of psychological development enhanced their involvement in work, reflecting positively on attitudes that promote performance in the tasks under their responsibility. The research contributes by providing new evidence of the effects of information sharing in companies operating in Brazil on the psychological capital of controllers and the intervening effects of the psychological capabilities of these professionals in the existing relationship between information sharing and managerial performance, which occurs through the promotion of proactive managerial attitudes toward budgeting and engagement at work, which positively reflect on managerial performance.

Resumo A pesquisa investiga os efeitos da participação orçamentária na assimetria de informação, no estresse ocupacional e no desempenho gerencial junto a 121 gestores com responsabilidade orçamentária em organizações industriais brasileiras. Pesquisa descritiva, realizada por meio de levantamento, cuja abordagem é quantitativa. Os resultados evidenciam que na amostra observada os níveis de participação orçamentária diferem entre os gestores, assim como seu desempenho. A participação e o desempenho estão negativamente associados à ambiguidade de papéis e ao estresse no trabalho. Estes achados sugerem que maiores níveis de participação orçamentária contribuem para a redução da ambiguidade de papéis, dos níveis de estresse ocupacional e o alcance de melhor desempenho. As relações entre assimetria de informação e conflito de papéis com a participação e o desempenho não foram estatisticamente significativas. Estas evidências permitem concluir que a participação orçamentária influencia a ambiguidade de papéis, o estresse no trabalho e o desempenho gerencial, não sendo possível inferir conclusivamente sobre seus efeitos em relação à assimetria de informação e ao conflito de papéis. Fornece evidências de que os efeitos da participação no desempenho ocorrem de maneira direta e indireta, quando mediados pela variável de ambiguidade de papéis.

Abstract The study investigates the effects of budgetary participation on asymmetrical information, occupational stress and managerial performance among 121 managers with budgetary responsibility in Brazilian industrial organizations. Descriptive research was conducted by means of a survey and a quantitative approach. The results indicate that the levels of budgetary participation observed in this sample differ among managers, as does their performance. Participation and performance are negatively associated with role ambiguity and stress at work. These findings suggest that higher levels of budgetary participation contribute to a reduction in role ambiguity and occupational stress levels and the achievement of better performance. The relationships between asymmetry of information and role conflict and participation and performance were not found to be statistically significant. This evidence makes it possible to conclude that budgetary participation influences role ambiguity, stress at work and managerial performance, but it was not possible to infer that it affects the asymmetry of information and role conflict. Thus, we have found that participation affects performance both directly and indirectly when mediated by the variable of role ambiguity.