Board Governance in the Not-for-Profit Sector: The "GOLDEN" Rule Model for Recruitment and Retention of Voluntary Boards of Directors

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avondale-bepress-to-dspace.facultyBusiness
avondale-bepress-to-dspace.peer_review_statusPeer reviewed before publication
avondale-bepress.abstract<p>The Global Financial Crisis demonstrated the importance of Accountability, Transparency and good Corporate Governance of all types of organizations be they Not-for-Profit (NFP) or for-profit. This research seeks to explore the current type of governance mechanisms used to monitor and control Not-For-Profit (NFP) entities at the Board of Directors (BOD) level. It uses case study analysis to investigate the “GOLDEN” Model Rules for NFP Directors. The questions explore the Board and governance mechanisms for NFPs, particularly focusing on the “value added” by Board members, to make recommendations for reporting of Governance by NFPs. This model demonstrates the obligations of Directors in terms of legislation, common law duties and equitable fiduciary duties in relation to governance, social responsibility, transparency and risk management, in a sector that contributes so much to the global economies in terms of employment and GDP (OECD, 2009 and ABS 2015).</p>
avondale-bepress.articleid1009
avondale-bepress.authorsLisa Barnes
avondale-bepress.authorsKeith Howson
avondale-bepress.context-key10341222
avondale-bepress.coverpage-urlhttps://research.avondale.edu.au/bit_conferences/9
avondale-bepress.document-typeconference
avondale-bepress.field.author_faculty_disciplineBusiness
avondale-bepress.field.comments<p>Used by permission: <a href="http://globalstf.org/">Global Science & Technology Forum</a> (GSTF) and the authors.</p> <p>© GSTF 2017</p> <p>This conference paper may be accessed from the publisher <a href="http://dl4.globalstf.org/">here.</a></p>
avondale-bepress.field.custom_citation<p>Barnes, L., & Howson, K. (2017, June 5-6). <em>Board governance in the not-for-profit sector: The "GOLDEN" rule model for recruitment and retention of voluntary boards of directors</em>. Paper presented at 7<sup>th</sup> Annual International Conference on Accounting and Finance (AF 2017). doi:10.5176/2251-1997_AF17.92</p>
avondale-bepress.field.embargo_date2017-06-22T00:00:00Z
avondale-bepress.field.field_of_education08 Management and Commerce
avondale-bepress.field.for150106 Sustainability Accounting and Reporting
avondale-bepress.field.peer_reviewBefore publication
avondale-bepress.field.proceedings7th Annual International Conference on Accounting and Finance
avondale-bepress.field.publication_date2017-06-01T00:00:00Z
avondale-bepress.field.reportable_itemsE1
avondale-bepress.field.source_publication<p>This conference proceeding was originally published as:</p> <p>Barnes, L., & Howson, K. (2017, June 5-6). <em>Board governance in the not-for-profit sector: The "GOLDEN" rule model for recruitment and retention of voluntary boards of directors</em>. Paper presented at 7<sup>th</sup> Annual International Conference on Accounting and Finance (AF 2017). doi:10.5176/2251-1997_AF17.92</p> <p>ISSN: 2251-1997</p>
avondale-bepress.field.staff_classificationPermanent
avondale-bepress.fulltext-urlhttps://research.avondale.edu.au/cgi/viewcontent.cgi?article=1009&amp;context=bit_conferences&amp;unstamped=1
avondale-bepress.keywordsNFP Governance
avondale-bepress.keywordsSocial Responsibility
avondale-bepress.keywordsGOLDEN rule model
avondale-bepress.label9
avondale-bepress.publication-date2017-06-01T00:00:00Z
avondale-bepress.publication-titleBusiness Conference Papers
avondale-bepress.statepublished
avondale-bepress.submission-date2017-06-22T21:48:17Z
avondale-bepress.submission-pathbit_conferences/9
avondale-bepress.titleBoard Governance in the Not-for-Profit Sector: The "GOLDEN" Rule Model for Recruitment and Retention of Voluntary Boards of Directors
avondale-bepress.typearticle
dc.contributor.authorHowson, Keith
dc.contributor.authorBarnes, Lisa
dc.date.accessioned2023-11-01T00:25:03Z
dc.date.available2023-11-01T00:25:03Z
dc.date.issued2017-06-01
dc.date.submitted2017-06-22T21:48:17Z
dc.description.abstract<p>The Global Financial Crisis demonstrated the importance of Accountability, Transparency and good Corporate Governance of all types of organizations be they Not-for-Profit (NFP) or for-profit. This research seeks to explore the current type of governance mechanisms used to monitor and control Not-For-Profit (NFP) entities at the Board of Directors (BOD) level. It uses case study analysis to investigate the “GOLDEN” Model Rules for NFP Directors. The questions explore the Board and governance mechanisms for NFPs, particularly focusing on the “value added” by Board members, to make recommendations for reporting of Governance by NFPs. This model demonstrates the obligations of Directors in terms of legislation, common law duties and equitable fiduciary duties in relation to governance, social responsibility, transparency and risk management, in a sector that contributes so much to the global economies in terms of employment and GDP (OECD, 2009 and ABS 2015).</p>
dc.description.versionBefore publication
dc.identifier.citation<p>Barnes, L., & Howson, K. (2017, June 5-6). <em>Board governance in the not-for-profit sector: The "GOLDEN" rule model for recruitment and retention of voluntary boards of directors</em>. Paper presented at 7<sup>th</sup> Annual International Conference on Accounting and Finance (AF 2017). doi:10.5176/2251-1997_AF17.92</p>
dc.identifier.urihttps://research.avondale.edu.au/handle/123456789/10341222
dc.language.isoen_us
dc.provenance<p>This conference proceeding was originally published as:</p> <p>Barnes, L., & Howson, K. (2017, June 5-6). <em>Board governance in the not-for-profit sector: The "GOLDEN" rule model for recruitment and retention of voluntary boards of directors</em>. Paper presented at 7<sup>th</sup> Annual International Conference on Accounting and Finance (AF 2017). doi:10.5176/2251-1997_AF17.92</p> <p>ISSN: 2251-1997</p>
dc.rights<p>Used by permission: <a href="http://globalstf.org/">Global Science & Technology Forum</a> (GSTF) and the authors.</p> <p>© GSTF 2017</p> <p>This conference paper may be accessed from the publisher <a href="http://dl4.globalstf.org/">here.</a></p>
dc.subjectNFP Governance
dc.subjectSocial Responsibility
dc.subjectGOLDEN rule model
dc.titleBoard Governance in the Not-for-Profit Sector: The "GOLDEN" Rule Model for Recruitment and Retention of Voluntary Boards of Directors
dc.typeConference Publication
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