Browsing by Subject "Local governments"

Now showing 1 - 13 of 13
  • Thumbnail Image
    Publication
    Open Access
    An empirical analysis of women’s influence on management of financial risk in local governments
    (Universidad de Murcia, Servicio de Publicaciones, 2022) Gómez-Miranda, María Elena; Navarro-Galera, Andrés; Buendía-Carrillo, Dionisio; Lara-Rubio, Juan
    This study analyse the impact of female on the management of financial risk faced by local governments (LGs), through political and population variables. We conduct a statistical analysis of panel data to examine the financial behaviour of 133 large LGs in Spain during the period 2009-2017. The results reveal that LGs with a female mayor are at lower risk of default. Likewise, we found that the number of female members of the city council and the degree of political fragmentation are inversely associated with the risk of default. This risk is also alleviated by population variables, such as a larger female population, a larger rate of unemployment among women and a smaller population of women aged over 65 years. Our findings have important implications and usefulness for a wide range of stakeholders, including policymakers, managers, practitioners and fiscal authorities concerned by solvency, financial risks and possible default in LGs.
  • Thumbnail Image
    Publication
    Open Access
    Delimitación del Perímetro de la Consolidación Contable Pública y Métodos de Consolidación: Especial Referencia a las Corporaciones Locales
    (2002) Luna Jiménez, María José
    En los últimos años, hemos asistido, tanto a nivel internacional como en el propio seno de nuestro país, a un creciente interés por lograr que la información contable emanada de las distintas Administraciones Públicas, sea cada vez más completa, dejando atrás su única función de control y registro del presupuesto, para alcanzar una información adecuada para la toma de decisiones de los distintos usuarios de la misma. En el ámbito internacional, la IFAC está realizando una gran labor y esfuerzo a fin de obtener un adecuado nivel de homogeneidad entre los distintos países. Concretamente, y en relación a la consolidación de estados económico-financieros, existen distintos estudios y normas. Lógicamente, no debemos olvidar que en cada país existen diversos condicionantes que influyen en su puesta en funcionamiento. El objetivo de nuestro trabajo es efectuar una serie de reflexiones en tomo a algunos de los aspectos que deben ser considerados de cara a la elaboración de la información consolidada. Para ello, reseñamos cuáles son las tendencias a nivel internacional, así como las distintas propuestas realizadas en nuestro país.
  • Thumbnail Image
    Publication
    Open Access
    Determinants of sustainability information disclosure of local governments in Latin America
    (Universidad de Murcia, Servicio de Publicaciones, 2022) León-Silva, Jeimi Maribel; Dasí-González, Rosa María; Montesinos Julve, Vicente
    This paper analyses the socioeconomic factors that influence the disclosure of sustainability information on 99 local government websites in 2018 in countries that make up the Pacific Alliance (PA) in Latin America, associated with internal and external demands that public entities have for accountability in social and environmental issues. We use as methodology a content analysis of the sustainability information disclosed by local entities on their websites and a regression of Ordinary Least Squares (OLS). This article shows empirical evidence that the size, budget capacity and the economic level of the municipality are factors associated with the sustainability disclosure on websites due to internal and external factors impacting the decisions and actions taken by the entities related to the sustainability and its disclosure. These results are important for academic and technical discussions in a region with specific characteristics different from most countries studied in previous literature on the subject.
  • Thumbnail Image
    Publication
    Open Access
    Divulgación de información sostenible: ¿se adapta a las expectativas de la sociedad?
    (2013) Frías Aceituno, José Valeriano; Marques, Maria da ConceiÇao; Rodríguez Ariza, Lázaro
    El objetivo de este trabajo es analizar la coherencia entre los valores de la sociedad, identificados mediante las dimensiones culturales propuestas por Hofstede, y las prácticas divulgativas en materia de responsabilidad social corporativa que los municipios muestran en sus webs. El análisis viene motivado porque en los últimos años se ha asistido a un significativo crecimiento del interés ciudadano en relación con la transparencia de los entes públicos en materia de sostenibilidad. Para conseguir el objetivo propuesto, en el presente trabajo se realiza un análisis del contenido de 25 webs de municipios brasileños, colombianos, mexicanos, portugueses y españoles. La aplicación de diversas técnicas estadísticas y gráficas ha permitido analizar la relación entre las prácticas informativas de estas administraciones públicas y las expectativas de la sociedad. Los resultados han puesto de manifiesto que hay varias diferencias entre países en relación con las divulgaciones de información, todas justificadas por los valores culturales relativos al colectivismo, la feminidad, la tolerancia a la incertidumbre y la distancia de poder.
  • Thumbnail Image
    Publication
    Open Access
    Does gender matter in budget deviations: an empirical assessment of Spanish local governments
    (Taylor and Francis Group, Routledge, 2021-04-08) Cuadrado-Ballesteros, Beatriz; Guillamón, María-Dolores; Ríos Martínez, Ana María; Ciencia Política, Antropología Social y Hacienda Pública
    By using a sample of 140 Spanish municipalities for the period 2008-2018, our results show that the gender of the mayor and the percentage of women councillors in local governments influence budget deviations both in expenditures and revenues. Concretely, municipalities with women mayors and more female members tend to overestimate revenues and underestimate expenditures; but these effects turn contrary when the number of female councillors increases, resulting in a better financial situation. Then, we may conclude that women could contribute to the financial health of local governments once they have enough representation.
  • Thumbnail Image
    Publication
    Open Access
    Effect of political corruption on municipal tax revenues
    (Universidad de Murcia, Servicio de Publicaciones, 2021) Guillamón López, María Dolores; Faura Martínez, Úrsula; Benito López, Bernardino; Cifuentes Faura, Javier
    Most research on corruption has been at the national level, because its study at the regional or local level is more complex. Although there are many studies about the relation between corruption and government spending, very few examine the influence of corruption on government revenues, and we have not found any at the subnational level, except the recent Liu & Mikesell (2019). Our aim is to analyze political corruption at the municipal level, studying whether the level of revenue of municipal governments is affected by the cases of corruption involving local politicians. Some of the other factors taken into account are political ideology, absolute majority government and the electoral cycle. The sample is a data panel of all the Spanish municipalities with a population of over 50,000 inhabitants for the period 2002-2013. Our results reveal that municipalities with higher levels of corruption have higher tax revenues in per capita terms.
  • Thumbnail Image
    Publication
    Open Access
    Financiación del turismo sostenible en México mediante el impuesto sobre hospedaje
    (Escuela Universitaria de Turismo. Universidad de Murcia, 2020) Sour Vargas, Laura; Cerón Monroy, Hazael
    El turismo es una industria dinámica en México. Sin embargo, puede ser perjudicial para el medio ambiente y los espacios públicos (Dogan et al., 2017). El impuesto sobre hospedaje (HRT), un impuesto que depende de las facult ades fiscales de los gobiernos estatales de México, puede ser una opción para recaudar los ingresos necesarios para afrontar con éxito este desafío, sin gravar a los proveedores de hoteles ni a la población. Esta recomendación se basa en los resultados de una estimación de mínimos cuadrados generalizados viables utilizando una base de datos de panel del 2004 al 2015.
  • Thumbnail Image
    Publication
    Open Access
    Gender diversity in municipal governmental bodies and budgetary solvency
    (Universidad de Murcia, Servicio de Publicaciones, 2023) Cabaleiro, Roberto; Buch, Enrique
    Diverse research has analysed the effects of gender in government on public budgetary outcomes using the gender bias approach – gender trait –; however, studies evaluating the gender effects of municipal governments on budgetary solvency using a gender balance approach – gender diversity – are scarce. Our objective was to determine whether gender diversity in Spanish municipal governments affects institutional budgetary solvency, taking into account that the mayor’s gender and the ideology of the government could impede visualizing the effects of diversity because they create heterogeneity. Using both static and dynamic panel data models on a sample of Spanish municipalities with more than 20,000 inhabitants, we found that gender diversity has a positive effect on budgetary solvency when the municipality has a male mayor. However, the effect of gender diversity is negative if the mayor is a woman, which could be explained by the different arguments provided by social identity or social categorization theories.
  • Thumbnail Image
    Publication
    Open Access
    Institutional capacity in the accounting reform process in Spanish local governments
    (2018) Fresneda Fuentes, Silvia; Hernández Borreguero, Julián
    In 2015, Spanish local governments began to apply a new accounting standard. The success achieved in its implementation is related with stimuli from outside the organization and with the institutional capacity – administrative and political – developed by it. Through an electronic questionnaire and several interviews carried out with municipal chief financial officers it has been shown that few actions to build the necessary institutional capacity were undertaken in the period prior to its implementation. The results show that the LGs did not attain the necessary institutional capacity and will have to continue allocating resources and time to improve it.
  • Thumbnail Image
    Publication
    Restricted
    The efficiency of public services in small municipalities: the case of drinking water
    (Elsevier, 2019) Benito, Bernardino; Faura, Ursula; Guillamón, María Dolores; Ríos Martínez, Ana María; Ciencia Política, Antropología Social y Hacienda Pública
    This paper uses DEA methodology to analyze the efficiency of the drinking water provision service in small municipalities. Once the efficiency indicators are obtained, these are related to a group of exogenous variables, so as to evaluate the determinants of efficiency. We use a sample of Spanish municipalities of under 5000 inhabitants in 2014, and the results show a negative and significant impact of population density and citizens' level of income on the drinking water supply efficiency. Moreover, the greater the political strength of the local government, the higher the level of efficiency in the provision of drinking water. The findings also show that there is greater efficiency when the provision of drinking water is managed directly by the local government. Finally, there is no significant impact of the touristic character of the municipality or of the government's political ideology on the efficiency of the drinking water supply.
  • Thumbnail Image
    Publication
    Embargo
    The sustainable development goals: how does their implementation affect the financial sustainability of the largest Spanish municipalities?
    (Wiley, 2023) Benito, Bernardino; Guillamón, María-Dolores; Ríos Martínez, Ana María; Ciencia Política, Antropología Social y Hacienda Pública
    The Sustainable Development Goals (SDGs) present a universal challenge to which all society must be committed. Local governments play a fundamental role as they are closest to citizens, with first-hand knowledge of their needs and as providers of essential services. Municipal governments are involved in many aspects of SDG implementation. Thus, these governments should work towards their implementation, bearing in mind that involvement in these issues may affect municipal finances. This paper analyses the impact of SDG implementation by local governments on financial sustainability. Our results show that municipalities with better SDG compliance have shorter supplier payment periods and smaller surpluses (or higher deficits). However, better implementation does not affect gross savings or municipal debt per capita.
  • Thumbnail Image
    Publication
    Open Access
    Los Usuarios de la Información Contable en la Administración Local: Un Enfoque de Agencia
    (2002) Cárcaba García, Ana
    El adecuado desarrollo de un sistema de información requiere el estudio detallado de las personas a quienes va dirigido, sus necesidades y el uso que hacen de la información que se les proporciona. El objetivo de este artículo consiste en analizar los principales grupos de usuarios de la información contable pública elaborada en el ámbito local, utilizando como hilo conductor los planteamientos de la teoría positiva de la agencia. El análisis de las relaciones de agencia en el ámbito público local presenta especial relevancia al poner de manifiesto la existencia de múltiples vínculos de responsabilidad, que exigen la rendición de cuentas entre las partes. Las reflexiones teóricas efectuadas acerca del papel de los estados financieros en las relaciones existentes entre los distintos grupos que integran el ente público local, han sido enriquecidas mediante la realización de una encuesta dirigida a recabar la opinión de algunos de los principales actores en tal entramado (políticos, gestores e interventores).
  • Thumbnail Image
    Publication
    Open Access
    Voting behavior and budget stability
    (2013) Vicente, Cristina; Guillamón López, María Dolores; Ríos Martínez, Ana María
    The aim of this paper is to analyze how the implementation of the Budgetary Stability Law has affected Political Budget Cycles generated by Spanish local governments. Specifically, we study whether the evolution of debt, budget deficit, capital spending and current spending over the electoral cycle has changed after the introduction of this law. We use a sample of 132 Spanish municipalities with more than 50,000 inhabitants (including the provincial capitals) during the period 1995-2009. Our results show that the Budgetary Stability Law has avoided electoral cycles in debt. On the contrary, the adoption of this law has not mitigated the incumbents’ incentives to manipulate deficit, capital spending and current spending with electoral aims. Nevertheless, it has caused a change in the way in which mayors manipulate fiscal policy over the electoral cycle. The opportunistic expansion covered both preelectoral year and the electoral year before the implementation of this fiscal rule, while after that, deficit and spending increases are confined in the election year.