Purpose: This contribution explains how socially responsible investing (SRI) has evolved in the last few decades and sheds light on its latest developments. It describes different forms of SRI in the financial markets; and deliberates on the rationale for the utilization of positive and negative...

This paper examines the success and failure of the once pre-eminent New Zealand charity, the Council for the Organisation of Relief Services Overseas (CORSO). While delivering aid for government in its early years was a factor in its success, so too was its broad membership base. Voluntary...

The year 2010 witnessed two major business phenomena in the world. First, an unprecedented degree of consensus among more than 120 countries to require or permit the use of International Financial Reporting Standards (IFRS) in their jurisdictions and; second, for the first time in history Foreign...

This article examines the relevance of technology, and particularly the Internet, for the improvement of accountability and transparency in nonprofit organizations. The novelty of our work regarding the previous empirical evidence resides in the fact that we have taken into account the means...

While NGOs play an important role in poverty alleviation, their accountability to beneficiaries (the poor) for sustainable poverty alleviation is often criticised. In the literature, a participatory approach to strengthening NGO downward accountability has been widely discussed and various...

Our earlier studies have reported on contemporary international developments in public sector accounting (PSA) within the reforms of New Public Management (NPM) and New Public Financial Management (NPFM). This paper focuses on what we consider to be the crucial change associated with NPFM, the...

Should accountants be punished for aiding and abetting tax evasion? The impulsive reply, as well as the politically correct answer, is “yes.” However, closer reflection reveals that the answer is not so cut and dried. This paper reviews the major ethical arguments that take the position that...

We examine the impact of foreign corruption regulation on economic development in highcorruption-risk areas. We find that, after a mid-2000s increase in enforcement of the US Foreign Corrupt Practices Act (FCPA), economic activity (measured by nighttime luminosity) in African communities within...

After a decade of rapid growth in average incomes, many countries have reached middle-income status. At the same time, however, poverty has not fallen so dramatically; as a result, most of the world's poor now live in middle-income countries (MICs). In fact, up to a billion poor people — or a...

U.S. public and private debt is traced to the decision of the First Congress in 1790 to borrow the new nation's money supply. This established a debt imperative that requires debt to grow by compounding interest. When debt fails to grow enough, the economy goes into various degrees of recession....