The purpose of this research is to investigate the relationships among differentiation strategy, budget emphasis, budget planning model, and performance. The effect of budget emphasis on organization has been concerned for several decades. However, the antecedent factor of budget emphasis is rarely discussed. For this reason, study uses structural equation modeling to investigate the direct effect of strategy on budget emphasis, budget planning model and performance, also discuss the meditative effect of budget planning. The result show that strategy has positive effect on budget emphasis, budget planning model and performance; budget planning is a significant mediator of the relationship between strategy and performance. The effect of budget planning on performance is significantly positive, and budget emphasis is associated with budget planning.