Someone to Watch Over me

Kloha, Philip; Weissert, Carol S.; Kleine, Robert E.

doi:10.1177/0275074005277435

Cited by 81 publications

(25 citation statements)

References 7 publications

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“…Various definitions of LG financial condition have been developed by researchers and institutions (seeKloha et al, 2005a;Kloha et al, 2005b;Jones and Walker, 2007;Hendrick, 2004;CICA, 1997;Groves et al, 1981;Berne and Schramm, 1986;Nollenberger et al, 2003;Kamnikar et al, 2006;Wang et al, 2007;Rivenbark et al, 2009;Rivenbark et al, 2010;Rivenbark and Roenigk, 2011). This study defines the financial condition of LG as the financial ability of LG to fulfill its obligations (short-term obligations, long-term obligations, operational obligations, and obligations to provide services to the public), to anticipate the unexpected events, and to execute financial rights efficiently and effectively.…”

Section: Definition Of Local Government Financial Conditionmentioning

confidence: 99%

“…Honadle et al (2004) provided selected examples of the kinds of factors affecting financial health: the frequency and severity of occurrence of natural disasters in a local government area; condition of the national economy; composition of the local economic base; tax bases of a local government; applicable tax rates in a local government; population changes; labour costs; pressure from the voting public for public services; and what to finance and how to finance projects and programs. Rubin's 1982 andPammer's 1990 studies (Kloha 2005a(Kloha , 2005b stated that LG distress is caused by four factors, namely population and job market shifts, governmental growth, interest group demands, and poor management. Wang et al (2007) state that financial conditions are associated with socioeconomic variables, such as population, personal income per capita, gross state product per capita, population growth rate, percentage change in employment, percentage change in personal income, economic momentum index, and momentum rank change.…”

Section: Factors Affecting Financial Condition Of Local Governmentmentioning

confidence: 99%

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Factors Affecting Financial Condition of Local Government in Indonesia

Ritonga

Clark

Wickremasinghe

2019

jai

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This study empirically examines factors affecting the financial conditions of local governments (LGs) in Indonesia. This study utilizes a quantitative approach to achieve the research objective. The theory used to achieve the objective is the theory of demand and supply. To test the hypothesis, this study employs multiple regression analysis. The results show that four of seven factors identified in previous literature (namely, financial efficiency, cost of services and goods, population, and revenue-base) significantly influence the financial conditions of LGs, whereas the remaining three factors (namely population density, age profile of the community, and wealth of community) do not. Based on the law of supply, technology is known as one factor that influences the number of products and services produced by an organization. This study does not examine the impact of this variable on financial conditions of LGs because there was no data available about the level of technology utilization in LGs in Indonesia when this study was undertaken. These findings have implications for central government, LG executives and legislators in Indonesia in formulating policies pertaining to the financial conditions of LGs, for example, policy for decentralization funds. Such policies can enable quality decision-making to improve their financial conditions.

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Section: Definition Of Local Government Financial Conditionmentioning

confidence: 99%

Section: Factors Affecting Financial Condition Of Local Governmentmentioning

confidence: 99%

Factors Affecting Financial Condition of Local Government in Indonesia

Ritonga

Clark

Wickremasinghe

2019

jai

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“…The above-mentioned results concerning the relationship between the socio-economic and financial situation, so important for the implementation of investment processes, are also confirmed by the findings of other researchers. As far as demographic factors are concerned, the importance of population inflow was confirmed by Arunachalam et al [120], Rodriquez Bolivar et al [121], of population density-by Carruthers and Ulfarsson [122], and of the age structure of residents-by Kloha et al [123], Rodriquez Bolivar et al [121].…”

Section: Discussionmentioning

confidence: 95%

Role of Local Investments in Creating Rural Development in Poland

2021

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Poland’s rural areas are characterised by a significant degree of development diversity, especially in the case of communes—the smallest territorial units. For development to take place, the entity responsible for its creation must incur the necessary investment expenditures. By implementing the public tasks assigned to them, communes are responsible for ensuring sustainable local development, which indirectly affects regional development and shapes the development of the entire country. Therefore, this article aims to assess the level and diversity of rural commune investment activities and their impact on the development of Poland’s rural areas. The empirical research conducted was aimed at verifying the following hypothesis: “The highest investment activity can be observed primarily in rural communes located in Eastern Poland”. The Regions of Eastern Poland are characterised by their peripheral location, both in the country and all of the EU. The research covered the 2007–2018 period due to a particular increase in local investment projects thanks to such factors as obtaining EU funding, as well as others. The research included one- and multidimensional analyses of the phenomenon examined with the use of the TOPSIS method to obtain the value of the synthetic measure of the rural commune investment activity level. The designated investment activity classes were the basis for the analysis of their links with their location within the macroregion, as well as their socio-economic status. The research has shown that the most pro-investment municipalities are located primarily in the Southern and Eastern Macroregions while those spending the least on investment projects are situated in the North-Western and Northern Macroregions. Thus, the research hypothesis put forth in the article has been confirmed. This delimitation is due to additional state resources being provided to the less developed eastern areas of Poland. Citizens living in these regions can not only take advantage of the funding provided as part of the Regional Operational Programmes, but also the Eastern Poland Programme dedicated to helping them.

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“…It should be noted that in the literature worldwide, especially in America, financial risks are understood as economic distress [20], sometimes as fiscal health [21] and fiscal or financial stress [22]. A solution to this problem is greatly influenced by [23,24]. First, the problem is that local authorities show little interest in this process.…”

Section: Introductionmentioning

confidence: 99%

“…First, the problem is that local authorities show little interest in this process. According to Kolha et al [23], of the 50 states covered by their study, only 15 rely on indicators to monitor the local financial conditions. Many of them use indicators that fail to identify local problems before they become important.…”

Section: Introductionmentioning

confidence: 99%

Identifying the Financial Risk Factors of Excessive Indebtedness of Rural Communes in Poland

Standar

Kozera

2020

Sustainability

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The purpose of this paper is to identify the financial risk factors of excessive indebtedness of Polish rural communes. The objective of this research task is to verify the following research hypothesis: the main determinant of the risk of excessive indebtedness is the rural communes’ own income potential. To meet the objective of this research, an empirical study was carried out in three steps. The first step of the research procedure was the analysis of the operation of Polish rural communes in the context of financial management. In the second step was the analysis of indebtedness of rural communes compared to other types of Polish administrative units in 2007–2017. The evolution of the level and share of total debt in total incomes of entities studied was analyzed, and the share of overindebted rural communes was identified. In the third step, a discriminatory analysis was performed to build a model able to forecast the financial risk factors of excessive indebtedness for Polish rural communes. The problem of increasing indebtedness can be observed in a growing number of communes and on an increasing scale in Poland. The discriminant analysis showed that the share of the operating surplus and own income in total income, as well as the amount of the EU funds per capita (in zlotys), are particularly significant. The study reveals that the smaller the share of the operating surplus in total income is as well as the greater the share of own income in total income and the amount of the EU funds in zlotys per capita are, the lower the value of the estimated discriminatory function is and the higher the risk of excessive indebtedness of a rural commune is.

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Someone to Watch Over me

Cited by 81 publications

References 7 publications

Factors Affecting Financial Condition of Local Government in Indonesia

Factors Affecting Financial Condition of Local Government in Indonesia

Role of Local Investments in Creating Rural Development in Poland

Identifying the Financial Risk Factors of Excessive Indebtedness of Rural Communes in Poland

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