The development of New Public Financial Management scholarship: from global warning to emerging warnings

Journal of Public Budgeting Accounting & Financial Management, Journal Year: 2025, Volume and Issue: 37(6), P. 49 - 76

Published: April 4, 2025

Purpose New Public Management (NPM) and Financial (NPFM) have significantly influenced the transformation of several nation-states’ public sectors. This study examines development NPFM scholarship over past 25 years, focusing on 3 foundational works that substantially shaped this field (i.e. Olson et al ., 1998, 2001; Guthrie 1999). The identifies key research themes within these provides insights into field’s emerging warnings directions. Design/methodology/approach Our structured literature review collected 325 articles from 1999 to 2024 Scopus database. These were chosen for their references three systematically analysed based predefined themes. was further enhanced by a traditional selected each category, offering an analysis identifying potential future paths. Findings In examining focus sampled among five themes, we found majority centred financial reporting performance measurement systems. Less attention has been given auditing budgetary Various studies examined multiple simultaneously. We also provided valuable both challenges opportunities scholarship. Research limitations/implications presents extensive years related works, highlighting interconnectedness various developments. It advancing suggesting integration interdisciplinary approaches deal with warnings. Originality/value offers scholarship, need broadens geographical scope, incorporates more diverse range disciplinary approaches, addresses hybridisation, sustainability digital transformation.

Language: Английский

---

Social Equity Reporting and Practices in Local Governments: Insights from an Exploratory Case Study

SIDREA series in accounting and business administration, Journal Year: 2025, Volume and Issue: unknown, P. 111 - 122

Published: Jan. 1, 2025

Language: Английский

---

Is City Agency With Finacial Management Levers Critical for Credit Ratings? An Analysis of Information Transparency and Certification

Public Budgeting &amp Finance, Journal Year: 2025, Volume and Issue: unknown

Published: April 21, 2025

Abstract We analyze the ability of city managers in 50 cities across 25 countries to signal credit quality through information transparency and certification channels. find that government financial management cash flows, accounting auditing practices has a positive significant impact on ratings. Also, city‐level factors play role shaping quality, showing markets prioritize localized certification, governments maintain high ratings many national contexts. These findings support theory have agency, meaning substantial independent control, over

Language: Английский

---

Institutional logics and soft budget constraints: a study of financial management practices at a public university faculty

Journal of Public Budgeting Accounting & Financial Management, Journal Year: 2025, Volume and Issue: 37(6), P. 129 - 155

Published: April 17, 2025

Purpose This study explores why soft budget constraint (SBC) practices emerged and flourished within a Norwegian public university faculty, what drove sustained these their impact on financial discipline, resource allocation efficiency. Design/methodology/approach Theories institutional logic SBC theory underpin the paper’s analysis. An explorative research design document analysis methods were employed, analyzing three unrelated professional departments one faculty. Findings rooted in dysfunctional department structure centralized, non-transparent management. Competing – academic, bureaucratic business practices. Academic prioritized over economic efficiency, while centralized decisions, shielding from accountability. Business logic, though present, was secondary, limiting its monetary discipline. Research limitations/implications While has traditionally been applied to state-owned enterprises, application academic institutions suggests that concept broader relevance across various organizational types. extension enriches by demonstrating how SBCs manifest non-corporate entities, thus expanding our understanding of discipline efficiency diverse settings. The addresses interdisciplinary collaboration highlighting lack synergies between academically with distinct operational models. It fostering is crucial for optimizing both educational outcomes. theoretical implications structure, offering foundation further exploration universities can be restructured promote departments. Practical contributes literature management exposing misalignments activity levels, such as student enrollment allocations. underscores importance aligning resources goals, critical perspective need more effective planning processes higher education. findings suggest sustainability depends governance structures support transparent, accountable goal-oriented Social illustrates driven influence practices, faculty motivation productivity, induce interdepartmental conflicts. ties into behavior theories revealing intricate relationships incentives, employee performance outcomes, particularly public-sector institutions. Originality/value Unlike previous studies emphasizing external factors, this focuses internal cultural dynamics, unique persist

Language: Английский

---

Racial Equity in Public Budgeting: An Analysis of Three Pioneer Cases

The American Review of Public Administration, Journal Year: 2025, Volume and Issue: unknown

Published: April 22, 2025

Over the past decade, pressure has mounted for governments to address effects of racial disparities and systemic racism. Some have implemented equity reforms that build on public budgeting cycle as a system can help filter new interventions push redesigning existing ones. This paper presents in-depth case studies three local are pioneers in advancing through systems: City Austin, TX, Baltimore, MD, King County, WA. Our findings show these advanced practices integrate considerations into decisions, particularly use assessments development participatory processes. Significant challenges remain not just improve what been done but ensure do decay, some cases already failing maintain levels transparency ongoing practices.

Language: Английский

---

Lost in the maze? Public sector accounting and reporting—A structured literature review

Public Money & Management, Journal Year: 2024, Volume and Issue: 44(8), P. 670 - 684

Published: Oct. 8, 2024

Motivated by the complexity and challenges of public sector accounting, this structured literature review (SLR) takes a broad approach combined with analysis to unravel development, cross-temporal remaining gaps in accounting reporting research. By highlighting these gaps, authors outline future research paths within current compare them previous reviews provide researchers roadmap for Although SLR does not direct assistance day-to-day problems, through its comparative, quantitative approach, it provides practitioners an interdisciplinary overview one article—helping navigate complex field without having read multiple reviews.

Language: Английский

---

Towards inclusive public administration systems: Public budgeting from the perspective of critical race theory

Public Administration, Journal Year: 2023, Volume and Issue: 102(3), P. 797 - 814

Published: Aug. 26, 2023

Abstract While there is a developing consensus that governments need to address systemic racism, public administration scholarship has not played large role in supporting policymakers who want achieve end. To institutionalize effort, we analyze the budget process as setting identify inequities and incorporate social equity given its overarching reach across all programs policies. This article uses tenets of critical race theory illustrate how use equity. The resulting racial budgeting (REB) framework three tenets: acknowledging correcting historic biases, increasing voice nondominant groups, disrupting status quo by ensuring current REB suggests officials may apply these stages budgeting, including reparation statements, participation underrepresented minorities, reviewing disaggregated impact policies, among others.

Language: Английский

---

Predictors of change outcomes in mandated change: unpacking the outcome triangle

Public Management Review, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 30

Published: Jan. 3, 2024

This study utilizes the unique opportunity provided by a mandated change from cash-based to accrual-based reporting in local governments explore role of contextual, organizational and individual change-process-related factors predicting different outcomes. Based on two surveys conducted 2019 2021, it investigates how information quality, interactional justice, readiness resources, change-related perceived behavioural control affect three outcomes: implementation performance, enhanced improved decision making. By offering nuanced understanding mechanisms driving outcomes, provides key insights for policymakers practitioners initiating or embarking mandatory reforms.

Language: Английский

---

Looking for missing outcomes: accounting for intellectual capital and value creation in ecosystems

Journal of Management & Governance, Journal Year: 2023, Volume and Issue: 28(4), P. 1117 - 1149

Published: Sept. 9, 2023

Abstract This article investigates intellectual capital (IC) and value creation at an ecosystem level, which is a topic relatively unexplored within public administration. Yet, sector organisations are prime example of how IC transcends the scope individual entities contributes to knowledge transfer into wider society. The research was developed first step interventionist project focusing on agency supports local authorities in Italy launched in-depth review its processes assess far it fulfilling mission. Part this initiative whether, how, what extent creates for itself stakeholders. develops framework visualises importance accounting outcomes both internal external organisation. analysis underlines need reporting frameworks consider overall creation, maintenance, erosion. moves beyond activities outputs single entity appreciate their impact stakeholders’ IC. Results call emergence defined roles management adoption perspective governance, business, models sector. Public managers should adopt business case imperative with particular emphasis maximising whole ecosystem. visual maps including key stakeholders can help such endeavour improve frameworks.

Language: Английский

---

Budgeting for Social Equity: Exploring the (Nearly) Unknown

SSRN Electronic Journal, Journal Year: 2022, Volume and Issue: unknown

Published: Jan. 1, 2022

Public administration has become increasingly concerned with social equity in recent years; however, the incorporation of into budget process remained under-explored. In this study, we explore budgeting at local level. Based on interviews government directors and analysis documents, develop a framework that explains factors—systemic, societal, political, managerial, legal, others—involved government's adoption priorities public process. We identify several themes underlying successful lens budgeting: broad grassroots efforts, receptive elective leaders, extended community engagement, buy-in by administrators, continual discussion how to measure equity.

Language: Английский

---