Relevance of corporate governance practices in charitable organisations

Krishna Reddy, Stuart Locke, Fitriya Fauzi
  • International Journal of Managerial Finance, March 2013, Emerald
  • DOI: 10.1108/17439131311307547

Corporate governance charitable organisations

What is it about?

– The purpose of this paper is to examine whether the registered charities in New Zealand have adopted the principle‐based corporate governance practices similar to those adopted by the publicly‐listed companies and the effect corporate governance practices have on their financial performance measured by technical efficiency, allocative efficiency and financial efficiency.

Why is it important?

Charities need to be and appear to be legitimate if they are to receive public support. Good governance supports legitimacy theory and an empirical estimation of performance sheds light on whether Boards of Charities take this seriously.


Professor Stuart Locke
University of Waikato

The more we probe the outcomes of governance the more we understand how we promote improvements which will better serve the wellbeing of stakeholders.

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The following have contributed to this page: Professor Stuart Locke, Dr Krishna Reddy, and Dr Krishna Reddy