Accountability to Stakeholders in a Student-Managed Organisation

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dc.contributor.authorHill, C.
dc.contributor.authorCrombie, N.A.
dc.date.accessioned2010-10-12T20:48:01Z
dc.date.available2010-10-12T20:48:01Z
dc.date.issued2010en
dc.description.abstractPurpose: Management is normally held accountable to stakeholders because it enters into long-term relationships with them. However, managers which are planning on departing the organisation can take advantage of stakeholders’ trust for their own personal benefit. This paper examines how accountability mechanisms can preserve organisation-stakeholder relationships in the face of high management turnover. Design/methodology/approach: A case study of student-managed non-profit organisation in which the management team is replaced annually. Representatives of all (internal and external) stakeholders are interviewed. Findings: While stakeholders and management work towards mutually agreed upon objectives, at times they also work against each other and pursue their own self-interests. The organisation has, however, been able to survive due to the introduction of accountability mechanisms. Originality/value: Drawing on stakeholder-agency theory, this paper shows how accountability mechanisms can preserve organisational memory and organisation-stakeholder relationships.en
dc.identifier.citationHill, C., Crombie, N.A. (2010) Accountability to Stakeholders in a Student-Managed Organisation. Sydney, Australia: 6th Asia Pacific Interdisciplinary Research in Accounting Conference, 11-13 Jul 2010.en
dc.identifier.urihttp://hdl.handle.net/10092/4650
dc.language.isoen
dc.publisherUniversity of Canterbury. Department of Accounting and Information Systemsen
dc.rights.urihttps://hdl.handle.net/10092/17651en
dc.subjectCorporate governanceen
dc.subjectAccountabilityen
dc.subjectStakeholdersen
dc.subjectNot-for-Profiten
dc.subjectManagement Turnoveren
dc.subject.anzsrcField of Research::15 - Commerce, Management, Tourism and Services::1501 - Accounting, Auditing and Accountabilityen
dc.subject.anzsrcField of Research::15 - Commerce, Management, Tourism and Services::1503 - Business and Managementen
dc.titleAccountability to Stakeholders in a Student-Managed Organisationen
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