Determinants of popular financial reporting

Evidence from Swedish municipalities

Bibliographic Data

ID12705237
AuthorsPierre Donatella (0000-0002-8377-7805, School of Public Administration University of Gothenburg Gothenburg Sweden, corresponding author), Marco Bisogno (0000-0003-3155-2919, Department of Management & Innovation Systems University of Salerno Fisciano Italy)
Year2024
Volume24
Issue1
Publication date2024-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Public Affairs (JOURNAL)
Journal identifiersISSN: 1472-3891 • E-ISSN: 1479-1854
PublisherWiley (PUBLISHER • GB)
DOI10.1002/pa.2909
OpenAlexW4391817644
LanguageEN
Citations received2
References cited35

This paper investigates popular financial reporting, to determine how contextual factors can favour or hinder its development. A balanced panel dataset from 289 Swedish municipalities spanning the period 2015–2021 is utilised for the empirical analysis, which is based on bivariate correlations and logistic regression models. The results are interpreted through the lens of legitimacy theory, integrated with innovation and diffusion models. The findings suggest that, while political factors play a certain role, it is primarily the local accounting networks, which enable the exchange of experiences among neighbouring municipalities within the same regional area, that are the most influential factor. These results may prove to be helpful in various contexts, contributing to the academic debate on the relevance of institutional and contextual factors in explaining the voluntary decision to prepare popular financial reports

Bivariate analysis · Business · Econometrics · Economics · Financial literacy · Legitimacy · Logistic regression · Panel data · Political science · Politics · Public economics · Relevance (law · Auditing, Earnings Management, Governance · Corporate Social Responsibility Reporting · Public Policy and Administration Research · Accounting · Finance

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Open DOIOpen Access