Stakeholder pressure as a driver of risk management practices in public administrations

IF 2.4 Q2 BUSINESS, FINANCE

Journal of Accounting and Organizational Change Pub Date : 2021-09-24 DOI:10.1108/jaoc-11-2020-0188

Fabienne-Sophie Schäfer, Bernhard Hirsch, Christian Nitzl

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引用次数: 3

Abstract

Purpose Drawing upon new institutional theory and blame avoidance theory, this paper aims to examine how stakeholder pressure has an impact on the implementation and use of risk management practices in public administrations. Furthermore, this paper investigates whether top management support mediates this proposed relationship. Design/methodology/approach This paper is based on a survey among public financial managers of German municipalities and federal agencies. Data from 136 questionnaires were used to evaluate the model. Findings The results indicate that top management support fully mediates the relationship between stakeholder pressure and risk management practices. This finding suggests that top management support is crucial for the successful implementation of accounting techniques, such as risk management, in public administrations. Research limitations/implications This study is based on subjective answers by public financial managers. Moreover, this study is based solely on German data. Hence, future research could use a mixed-method approach and data from other countries. Originality/value This paper examines whether stakeholder pressure exerts an impact on the sophistication of public risk management practices.

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利益相关者压力作为公共行政风险管理实践的驱动因素

利用新的制度理论和责任回避理论，本文旨在研究利益相关者压力如何影响公共管理中风险管理实践的实施和使用。此外，本文还研究了高层管理人员的支持是否在这种关系中起中介作用。设计/方法/方法本文基于对德国市政当局和联邦机构的公共财务经理的调查。136份问卷的数据被用来评估模型。研究结果表明，高层管理者的支持在利益相关者压力与风险管理实践之间的关系中起着完全中介作用。这一发现表明，最高管理层的支持对于在公共行政中成功实施会计技术(如风险管理)至关重要。研究局限/启示本研究基于公共财务管理者的主观回答。此外，这项研究完全基于德国的数据。因此，未来的研究可以使用混合方法和其他国家的数据。原创性/价值本文考察利益相关者压力是否对公共风险管理实践的复杂性产生影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Accounting and Organizational Change BUSINESS, FINANCE-

CiteScore

4.80

自引率

15.80%

发文量

期刊介绍： The main objective of the journal is to provide a platform for researchers and practitioners from multiple disciplines to disseminate information on organizational and accounting systems change. To achieve this, the journal will be directed at mapping out contemporary changes in the new global business environment. It will seek to explain the new techniques, processes, and philosophies associated with the rise of strategy-oriented accounting and information systems.