This paper evaluates key developments in the social capital literature over the past decade. It then examines empirical work on the purported the link between social capital and economic performance. Although these results indicate that good governance and social cohesion make a measurable...

Purpose – Alongside public agencies and private firms, non‐profit organizations (NPOs) play a vital role in the delivery of human services in a number of advanced nations. The purpose of this paper is to advance a theory of leadership to try to explain how NPOs can overcome the various forms...

Purpose – At present no satisfactory economic theory of non‐profit organizational leadership exists. The purpose of this paper is to develop an economic theory of non‐profit leadership and apply this theory to the problem of non‐profit failure or “voluntary sector failure.”...

Charles Wolf′s theory of government failure ignores the possibility that government employees may commit themselves to pursue excellence in public service as an expression of their hope in the quests of their agencies. Communitarian thought explains the function of hope in human motivation and...

Clem Tisdell is one of Australia’s pre‐eminent economists who has made decisive contributions in several areas of economics, perhaps most notably development economics, environmental economics and natural resource economics. Tisdell is presently Professor of Economics at the University of...

Purpose The paper addresses the question of whether Crown land managed by local authorities in the New South Wales (NSW) local government system should be recognised as assets on municipal balance sheets. Design/methodology/approach The paper provides a synoptic review of the literature on...

Australian fiscal federalism possesses a greater degree of vertical imbalance than comparable federations elsewhere due to a concentration of revenue-raising powers at the level of the Commonwealth government and a concentration of expenditure functions at the state and local government levels....

Purpose – The purpose of this paper is to examine the influence of board structure on dividend policy of Australian corporate firms. It also considers the traditional explanations of corporate dividend choice, such as agency cost theory, signalling hypothesis, the life cycle hypothesis along...

This book provides a comprehensive treatment of traditional as well as newer topics in local public, fiscal and financial management principles and practices. It covers traditional topics of local public management, local revenue administration with special emphasis on property tax...