Cordery, Carolyn (2013). Regulating Small and Medium Charities: Does It Improve Transparency and Accountability? Voluntas, 24 (3), pp. 831-851.
Abstract
Internationally, there has been a steady increase in the number of countries instigating charity regulation. Public interest theory suggests that regulation increases organisational transparency through reducing information asymmetry, protects (or encourages) a competitive market, and leads to a distribution of resources which is in the public interest. While these arguments may explain charity regulation, the cost of compliance can be an issue for small- and medium-sized charities. Therefore, regulators tend to take a light-handed approach to small and medium charities’ information provision. This paper ascertains the impact of a light- handed enforcement regime on small and medium charities’ reporting, analysing the financial reporting practices of a selection of 300 small- and medium-sized charities registered with the former New Zealand Charities Commission against the Charities Act 2005 requirements and hence the rationale for this regulator. It uses this analysis to predict how the regulator’s activities might impact future reporting practices of charities.
Publication DOI: | https://doi.org/10.1007/s11266-013-9381-6 |
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Divisions: | College of Business and Social Sciences > Aston Business School > Accounting College of Business and Social Sciences > Aston Business School |
Additional Information: | © Springer Nature B.V. 2013. The final publication is available at Springer via http://dx.doi.org/10.1007/s11266-013-9381-6 |
Publication ISSN: | 0957-8765 |
Last Modified: | 30 Sep 2024 12:01 |
Date Deposited: | 08 Jul 2019 13:30 |
Full Text Link: | |
Related URLs: |
https://link.sp ... 1266-013-9381-6
(Publisher URL) |
PURE Output Type: | Article |
Published Date: | 2013-06-18 |
Authors: |
Cordery, Carolyn
(
0000-0001-9511-7671)
|