Large Sample Evidence of the Determinants of Nonprofit Monitoring Costs: A Resource Dependence Framework

Webb, Thomas Z.; Waymire, Tammy R.

doi:10.2308/ogna-51638

Cited by 6 publications

(5 citation statements)

References 77 publications

(131 reference statements)

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“…Furthermore, as nonprofits seek to diversify their revenue, they are likely to incur expenses. For example, attracting more private and corporate donors requires organizing campaigns and fundraisers, and attracting public funds increases monitoring and compliance expenditures to comply with government reporting (Froelich, 1999;Grønbjerg, 1993;Webb & Waymire, 2016;Young, 1998). Therefore, to serve local populations, comply with the wishes of the organization's main donor, and diversify resources, nonprofits are likely to spend additional resources when the local immigrant population changes significantly.…”

Section: Hypothesis 3b (H3b)mentioning

confidence: 99%

“…In doing so, however, organizations can incur large costs. For example, they may alter their bureaucratic structure to maintain complex systems of financial compliance, reporting, and accountability in line with public interest in maintaining transparency and resource stewardship (Jung & Moon, 2007; Verschuere & De Corte, 2014; Verbruggen et al, 2011; Webb & Waymire, 2016).…”

Section: Resource Dependence and Nonprofit Organizationsmentioning

confidence: 99%

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Nonprofit Financial Response to Immigration

Barbenchon

Keister

2021

Nonprofit and Voluntary Sector Quarterly

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Nonprofit organizations are important actors in local communities, providing services to vulnerable populations and acting as stewards for charitable contributions from other members of the population. An important question is whether nonprofits spend or receive additional revenues in response to changes in the populations they serve. Because immigrant populations both receive and contribute to nonprofit resources, changes in immigrant numbers should be reflected in changing financial behavior of local nonprofits. Using data from the National Center for Charitable Statistics and the American Community Survey, we study whether nonprofit financial transactions change in response to changes in the local immigration population, the nature of the change, and the degree to which these changes vary by nonprofit type. Findings suggest that nonprofit financial behavior changes with growth and decline in immigrant populations underscoring the importance of nonprofits as service providers and contribute to an understanding of how organizations respond to external forces.

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Section: Hypothesis 3b (H3b)mentioning

confidence: 99%

Section: Resource Dependence and Nonprofit Organizationsmentioning

confidence: 99%

Nonprofit Financial Response to Immigration

Barbenchon

Keister

2021

Nonprofit and Voluntary Sector Quarterly

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“…Service ensures that citizens are heard, thereby maintaining an organization's public legitimacy and access to resources. Strategy encompasses the organizational programs and goals that allow an organization to fulfill its mission (Webb and Waymire, 2016;Olsen et al, 2017). The new public management (NPM) approach was developed to introduce businesslike practices to non-profit and governmental organizations to increase accountability, organizational efficiency, effectiveness and legitimacy.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

School board directors’ information needs and financial reporting’s role

Chen

Smith

2019

JPBAFM

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Purpose The purpose of this paper is to examine whether Washington State school district financial reporting and budget reporting meet the information needs of school board directors charged with governance. Design/methodology/approach Washington State school board directors were surveyed and asked to rank information items’ usefulness in carrying out their governance role. School district annual reports, budgets and websites were examined to determine whether the identified information was reported and easily transparent to those charged with governance and the public. Findings Directors rank information on strategic oversight, budget planning and student outcomes as more useful, consistent with the strategic role of new public management. Follow-on analysis of district annual financial reports, budgets and websites reveal that the availability of the information ranked useful by directors is limited. The findings suggest an information gap exists between directors’ information needs and school district reporting. Annual reports and budgets, when provided, often provide typical financial statements and variance data, respectively, rather than reporting on mission-aligned performance measures. The main consequence of the information gap may be compromised decision-making effectiveness. Originality/value By directly asking those charged with governance what information they identify as useful and then examining whether the information is reported in the annual report, budget or website, the study links user information needs to information transparency.

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“…Listed companies are the greatest consumers of audit services worldwide, but also several private companies, nonprofit organizations, and governments are required to obtain audits. An audit is often complex, quality requirements are high, and the associated costs are substantial, on average between $87,000 and $337,000 (De George, Ferguson, and Spear 2012;Niemi 2005;Webb and Waymire 2016). We developed JASP for Audit (JfA) to facilitate the statistical aspects of an audit, it has the potential to decrease audit complexity while at the same time improve understanding of audit theory and, therefore, audit quality (Weidenmier and Herron 2004).…”

Section: Introductionmentioning

confidence: 99%

JASP for Audit: Bayesian Tools for the Auditing Practice

Derks¹,

Swart²,

Wagenmakers³

et al. 2019

Preprint

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Statistical theory is fundamental to many auditing guidelines and procedures. In order to assist auditors with the required statistical analyses, and to advocate state-of-the-art Bayesian methods, we introduce JASP for Audit (JfA). JfA is easy-to-use, free-of-charge software that automatically follows the standard audit workflow, selects the appropriate statistical analysis, interprets the results, and produces a readable report. This approach reduces the potential for statistical errors and therefore increases audit quality. Next to the frequentist methods that currently dominate audit practice, JfA incorporates Bayesian counterparts of these methods that come with several advantages. For example, Bayesian statistics allows incorporation of expert knowledge directly into the statistical analyses, allowing for a decrease in sample size, and an increase in efficiency. In sum, JfA is designed with the auditor in mind, it guides the auditor through the statistical aspects of an audit, and therefore has the potential to increase audit efficiency and quality.

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Large Sample Evidence of the Determinants of Nonprofit Monitoring Costs: A Resource Dependence Framework

Cited by 6 publications

References 77 publications

Nonprofit Financial Response to Immigration

Nonprofit Financial Response to Immigration

School board directors’ information needs and financial reporting’s role

JASP for Audit: Bayesian Tools for the Auditing Practice

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