A Study on the relationship of corporate governance practices to the organizational characteristics of Christian churches in five cities in Metro Manila, Philippines

Added Title

Corporate governance of Christian churches

Date of Publication

2009

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Accountancy

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Thesis Adviser

Neil T. Penacerrada

Defense Panel Member

Aaron C. Escartin
Maria Victoria R. Baarde

Abstract/Summary

This paper addresses corporate governance practices in religious organizations by examining fiscal oversight and financial management practices in three chosen Christian church denomination in Manila, Pasay, San Juan and Mandaluyong. Fiscal oversight includes the existence of an independent board of directors with a financial expert and documented policies and procedures. Financial management includes the existence and use of a budget, controls over cash receipts and disbursements, financial reporting and compliance. A questionnaire and interview was used to collect data from the three chosen denominations. The results showed that churches do have adequate fiscal oversight and financial management controls. There are still rooms for improvement because some churches lack internal audits and some have incompatible functions assigned to a single individual and some other minor loop holes. However, no significant relationship between the governance score and the membership size, employee size and donation size was found. Different church denominations have different strength and weaknesses. The strength of one church could be the weakness of another or vice versa.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU15957

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

107 leaves : ill. ; 28 cm.

Keywords

Corporate governance; Financial management; Fund management; Christian Churches and Churches of Christ

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