Financial vulnerability is a critical issue for nonprofit sports clubs due to clubs’ increasing costs and impediments to generating sufficient income. The first objective of this study is to derive a conceptual understanding of financial vulnerability for sports clubs by assessing three...

Charities are becoming more highly regulated worldwide and yet they are subject to diverse, country-specific, financial reporting standards. New Zealand is a jurisdiction that has treated all sectors alike in its approach to the financial regulation of charities, while the UK has, for some time,...

Universities world-wide experiencing reducing government financial support are seeking to satisfy financial shortfalls through alternative funding such as that from private contributors (especially alumni). When private corporations search for new funding streams, they turn to the internet,...

This research reviews the manner in which accountability may be better constructed in the Charities Sector with detailed stakeholder analysis. This combines the adoption of Hayes' (1996) four types of accountability by charities with a hegemonic application of the Mitchell, Agle, and Wood (1997)...

This research has produced a New Zealand model (tool) to help address a critical issue for sports clubs. We have produced an early warning system for clubs to know when they are getting into financial trouble, which should prompt them to plan to remain sustainable. In extending and adapting...

The lack of long term planning and the existence of a number of deferred maintenance for which the financial impact has not been measured is likely to be affecting this. Accordingly, while small clubs had the lowest administration costs and debt and were more highly liquid on average than other...

Funding and financial management are critical issues for the not-for-profit sector. Funding is limited, competitively sought, and differences in funders' and organisations' expectations and needs can cause dysfunction. Sport is an important segment of the not-for-profit sector in New Zealand...

Many amateur (third sector) sports clubs face financial vulnerability, threatening their ongoing operations. Resource dependency theory argues that clubs should eschew financial vulnerability through diversifying their revenue, increasing funder legitimacy, and having a proactive and open board....