Regulacje prawne działalności oraz sprawozdawczości finansowej organizacji pożytku publicznego w Polsce i na świecie w świetle teorii agencji

• Authors: Waniak-Michalak, Halina

Abstracts

EN

Charity organization is a type of not-for-profit organization, however special purpose of this organization is not only nonfinancial, but to act for other people's benefit or the whole environ- ment. Capital companies prepare financial statements for their investors. Charity organization has not investors, but donors. Its revenues come from individuals, governmental institutions or private organizations, that don't expect the return from their „investments" . The charity organization doesn't have to guarantee to reach the particular goal, but only the good intention. However, the donor can expect that his money will be used effectively, that chosen group of people will be supported. The problem appears, when the goals of managers or employees of the charity is different than the goal of the donor (entrepreneur, individual or governmental institution). The differences can influence and cause the agency cost. The aim of the paper is to find the answers some questions, among which the most important is: how the regulations of the financial reporting and financial control of the charities can change the agency costs and if the financial statement prepared by the charities is a significant document for the donors.

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Acta Universitatis Lodziensis. Folia Oeconomica
• Year: 2011
• Volume: 249

Dates

published

2011

Contributors

author

Waniak-Michalak, Halina

other

Uniwersytet Łódzki; Wydział Zarządzania; Katedra Rachunkowości

Identifiers

URI

http://hdl.handle.net/11089/597