This article describes the accountability features of confraternities in Verona during the Long Seventeenth Century. These charities, driven by a common and deep Christian spirit, played a pivotal role in a period of great depression, helping the local community. The accounts relating to their activities display precision and are rich in analytical detail, enabling the painting of a portrait of Verona’s confraternities and their economic and charitable actions as strictly bound by a spiritual aim. Using the stakeholder theory lens to analyse the archival documents of the 53 confraternities revealed by the Appraisal Book of 1682, this article highlights a complex network of relationships among these organisations and their stakeholders in light of their power, legitimacy and urgency attributes. We conclude that these confraternities’ accountability was the result of the most powerful stakeholders’ influence, and underlines confraternities’ pivotal role in supporting the poor in the local community and encouraging the salvation of souls, supporting their entrance into heaven
The relation between accounting and power in religious institutions has received little attention from accounting historians. The present article therefore studies the case of the Santa Maria della Scala monastery in Verona (Italy) during the Middle Ages to explore whether and how accounting might support the domination structure and facilitate power relations within the organisation. A documentary analysis of primary and secondary sources confirms that accounting played a key role in reinforcing both hierarchical and horizontal power relations among friars.
The need for nonprofits to foster legitimacy within their communities has led to growing calls for mechanisms of good governance based on the engagement of stakeholders in organizational activities. Previous studies have investigated the mix of governance mechanisms used by nonprofits to manage legitimacy, without paying attention to the different challenges of legitimacy these organizations face. Aiming to fill this gap, this paper employs a multiple case study methodology to explore how mechanisms for engaging stakeholders in governance can be shaped by the need to gain, maintain, or repair legitimacy. The findings show that formal mechanisms based on the direct designation of board members by local stakeholders play a pivotal role in repairing legitimacy. Gaining legitimacy requires actual participation of stakeholders, while maintaining legitimacy calls for formal mechanisms that balance representativeness and competencies of the leadership.
Competition is high in the charitable contributions market, and donors demand to know how nonprofit organizations use the money they receive. In scrutinizing the variables that affect the capacity of nonprofits to attract donations, previous research has highlighted the positive influence of the amount of financial and performance information that nonprofits disclose through their websites. This study explored whether the depth of the organizations' online disclosures also affects these donations. In line with existing studies on regression‐based economic models of giving, this study considered community foundations—focusing on the United Kingdom and Italy—and its results indicated that managing the depth of the information provided through financial reports can influence donors' sensitivity and willingness to donate.
Nowadays, non-profit organisations (NPOs) face growing pressure to involve the community in their governing boards. Nevertheless, few empirical studies have been conducted on how they selfregulate community engagement in their governance. With the aim of filling the research gap on this topic, this article provides new insights into community engagement in non-profit governance, considering the case of Italian bank foundations (IBFs) in which community representation on the board is required by law, and self-regulation plays a pivotal role in defining mechanisms of engagement. Applying Guo and Musso‘s (2007) framework, a content analysis of IBFs‘ statutes highlights that detailed attention has been paid to formal procedures and descriptive representation mechanisms, while participatory arrangements are lacking. The analysis of the IBFs‘ case reveals additional mechanisms that are useful for better ensuring community representation within governance, and provides new mechanisms that could be considered by regulatory activity in NPOs where the community is on board by law.
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