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The Ingredients of Financial Transparency

Bibliographic Data

ID23139904
AuthorsJack Mccarthy (0000-0002-7062-0948, Harvard University, corresponding author)
Year2007
Volume36
Issue1
Pages156-164
Publication date2007-03-01
Open AccessYes
TypeARTICLE
VenueJournal of Voluntary Action Research (JOURNAL)
Journal identifiersISSN: 0094-0607 • E-ISSN: 1552-7395
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/0899764006296847
OpenAlexW2133109060
LanguageEN
Citations received3

The demand for financial accountability by nonprofit organizations has dramatically increased. This includes church organizations that historically have not been very forthcoming or transparent with financial reports. This article examines the practices employed by the Archdiocese of Boston, which released a groundbreaking report in the spring of 2006. This was a multifaceted communications project that provided meaningful financial information to a broad group of stakeholders. In recent years, many of these stakeholders had been critical of the archdiocesan leadership for its lack of accountability. This report substantively answered the questions of all the stakeholder groups, winning high praise for its clarity and conciseness. The article highlights the key lessons learned in the process and how they might be applied to other church organizations.

Accountability · Business · CLARITY · Nonprofit Sector · Political science · Praise · Public relations · Stakeholder · Transparency (behavior) · Accounting · Psychology · Religion, Society, and Development

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Citations per year0.21
Citation span2012 - 2013 (2)
Highly citedNo

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