RESEARCH ARTICLE
Community social capital and financial reporting quality in nonprofits
Meena Subedi,
Michelle Li-Kuehne,
Emmanuel Mwaungulu,
Corresponding Author
Meena Subedi
Sullivan School of Business and Technology, Carroll University, Waukesha, Wisconsin, USA
Correspondence
Meena Subedi, Sullivan School of Business and Technology, Carroll University, 100 N. East Avenue, Waukesha, WI 53186, USA.
Email: [email protected]
Search for more papers by this authorMichelle Li-Kuehne
School of Business, Whitworth University, Spokane, Washington, USA
Search for more papers by this authorEmmanuel Mwaungulu
Rinker School of Business, Palm Beach Atlantic University, West Palm Beach, Florida, USA
Search for more papers by this authorMeena Subedi,
Michelle Li-Kuehne,
Emmanuel Mwaungulu,
Corresponding Author
Meena Subedi
Sullivan School of Business and Technology, Carroll University, Waukesha, Wisconsin, USA
Correspondence
Meena Subedi, Sullivan School of Business and Technology, Carroll University, 100 N. East Avenue, Waukesha, WI 53186, USA.
Email: [email protected]
Search for more papers by this authorMichelle Li-Kuehne
School of Business, Whitworth University, Spokane, Washington, USA
Search for more papers by this authorEmmanuel Mwaungulu
Rinker School of Business, Palm Beach Atlantic University, West Palm Beach, Florida, USA
Search for more papers by this authorAbstract
Based on the social norms and structural theories of social capital, our study provides evidence that the social capital of a nonprofit organisation's headquarters area has a positive and statistically significant impact on its financial reporting quality. This evidence is consistent with the social capital theory view of community social capital, which argues that social capital encourages morally acceptable behaviour, provides reputational capital, and has implications for organisations. Additionally, our study finds that community social capital is positively associated with the strength of nonprofits' governance and negatively associated with managerial opportunistic behaviour, which in turn mediates the main relationship.
Open Research
DATA AVAILABILITY STATEMENT
Data are available from the public sources cited in the text.
Supporting Information
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Appendix S1. |
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