An experimental investigation of accounting information's influence on the individual giving process

Journal of Accounting and Public Policy

Volumn 25, Issue 6, 2006, Pages 666-686

  Buchheit, Steve ^a   Parsons, Linda M ^b  

^a TEXAS TECH UNIVERSITY   (United States)

^b GEORGE MASON UNIVERSITY   (United States)

Author keywords

Donation decision; Expense classification; Not for profit; Program spending ratio; Service efforts and accomplishments; Voluntary disclosure

Indexed keywords

EID: 33751218308     PISSN: 02784254     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jaccpubpol.2006.09.002     Document Type: Article

References (29)

1. Akerlof G.A. The market for 'lemons': Quality uncertainty and the market mechanism. Quarterly Journal of Economics 84 3 (1970) 488-500
2. Anthony R.N., and Young D.W. Management Control in Nonprofit Organizations. seventh ed. (2003), McGraw-Hill Irwin, Boston, MA
3. Bloomfield R.J., and Wilks J. Disclosure effects in the laboratory: Liquidity depth and the cost of capital. Accounting Review 75 1 (2000) 13-41
4. BoardSource and Independent Sector, 2003. The Sarbanes-Oxley Act and Implications for Nonprofit Organizations, Washington, DC. or .
5. Botosan C.A. Disclosure level and the cost of equity capital. Accounting Review 72 3 (1997) 323-349
6. Brace P.K., Elkin R., Robinson D.D., and Steinberg H.I. Reporting of service efforts and accomplishments (1980), Financial Accounting Standards Board, Stamford, CT
7. Byrne J.A. The new face of philanthropy. BusinessWeek 2 December (2002) 82-94
8. Callen J.L. Money donations, volunteering and organization efficiency. The Journal of Productivity Analysis 5 (1994) 215-228
9. Financial Accounting Standards Board (FASB), 1980. Statement of Financial Accounting Concepts (SFAC) No. 4 - Objectives of Financial Reporting by Nonbusiness Organizations. Financial Accounting Tandards Board, Norwalk, CT.
10. Financial Accounting Standards Board (FASB), 1993. Statement of Financial Accounting Standards (SFAS) No. 117 - Financial Statements of Not-for-Profit Organizations. Financial Accounting Standards Boards, Norwalk, CT.
11. Forbes D.P. Measuring the unmeasurable: Empirical studies of nonprofit organization effectiveness from 1977 to 1997. Nonprofit and Voluntary Sector Quarterly 27 2 (1998) 183-202
12. Gordon T.P., and Khumawala S.B. The demand for not-for-profit financial statements: A model for individual giving. Journal of Accounting Literature 18 (1999) 31-56
13. Gordon T., Fischer M., Malone D., and Tower G. A comparative empirical examination of extent of disclosure by private and public colleges and universities in the United States. Journal of Accounting and Public Policy 21 3 (2002) 235-275
14. Henderson D.A., Chase B.W., and Woodson B.M. Performance measures for NPOs. Journal of Accountancy 193 1 (2002) 63-68
15. Hyndman N. Contributions to charities - A comparison of their information needs and the perceptions of such by the providers of information. Financial Accountability & Management 7 2 (1991) 69-82
16. Irvin R.A. State regulation of nonprofit organizations: Accountability regardless of outcome. Nonprofit and Voluntary Sector Quarterly 34 2 (2005) 161-178
17. Khumawala S.B., and Gordon T.P. Bridging the credibility of GAAP: Individual donors and the new accounting standards for nonprofit organizations. Accounting Horizons 11 3 (1997) 45-68
18. Murray V., and Tassie B. Evaluating the effectiveness of nonprofit organizations. In: Herman R.D. (Ed). The Jossey Handbook of Nonprofit Management and Leadership (1994), Jossey-Bass, San Francisco, CA 303-324
19. Parsons L.M. Is accounting information from nonprofit organizations useful to donors? A review of charitable giving and value-relevance. Journal of Accounting Literature 22 (2003) 104-129
20. Parsons, L.M., forthcoming. The impact of financial information and voluntary disclosures on contributions to not-for-profit organizations. Behavioral Research in Accounting.
21. Strom, S. June 21, 2002. Charitable contributions in 2001 reached $212 billion, New York Times, A19.
22. Taub, S., June 3, 2002. Rise in Nonfinancial Reports. .
23. Thaler R.H. Toward a positive theory of consumer choice. Journal of Economic Behavior and Organization 1 1 (1980) 39-60
24. Tinkelman D. Factors affecting the relation between donations to not-for-profit organizations and an efficiency ratio. Research in Government and Nonprofit Accounting 10 (1999) 135-161
25. Urban Institute, 2004a. The quality of financial reporting by nonprofits: Findings and implications. Nonprofit Overhead Cost Project, Brief No. 4 (August). Urban Institute's Center on Nonprofits and Philanthropy and Indiana University's Center on Philanthropy. .
26. Urban Institute, 2004b. The pros and cons of financial efficiency standards. Nonprofit Overhead Cost Project, Brief No. 5 (August). Urban Institute's Center on Nonprofits and Philanthropy and Indiana University's Center on Philanthropy. .
27. Verrecchia R.E. Essays on disclosure. Journal of Accounting and Economics 32 (2001) 97-180
28. Weisbrod B.A., and Dominguez N.D. Demand for collective goods in private nonprofit markets: Can fundraising expenditures help overcome free-rider behavior. Journal of Public Economics 30 (1986) 83-96
29. Wing, K., Hager, M.A., Rooney, P.M., Pollak, T., 2004. Special Issues in Nonprofit Financial Reporting: A Guide for Financial Professionals. Urban Institute Center on Nonprofits and Philanthropy and Indiana University Center on Philanthropy. .