Journal article
Are Foreign Donors Good Monitors?
The European accounting review, v ahead-of-print(ahead-of-print)
14 Jul 2021
Abstract
This paper examines whether and how foreign institutional donors play a monitoring role in the nonprofit sector. By analyzing 2567 Chinese nonprofit foundations from 2005 to 2014, we find that foundations with foreign institutional donors are associated with higher quality reporting. The effect is more pronounced for nonprofit foundations without established monitors in the form of large domestic donors, sophisticated donors, or national government oversight. These findings suggest that foreign institutional donors are indeed good monitors. Our results are robust to a myriad of alternative specifications and make important first steps in understanding the impact of foreign institutional donors in international giving, especially in developing countries.
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Details
- Title
- Are Foreign Donors Good Monitors?
- Creators
- Hsihui Chang - Drexel UniversityErica E. Harris - Florida International UniversityShushu Jiang - University of TorontoZhiming Ma - Peking University, Beijing, People’s Republic of China
- Publication Details
- The European accounting review, v ahead-of-print(ahead-of-print)
- Publisher
- Routledge
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Accounting
- Web of Science ID
- WOS:000673460300001
- Scopus ID
- 2-s2.0-85150375511
- Other Identifier
- 991019168526804721
InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Business, Finance