An empirical analysis of women’s influence on management of financial risk in local governments

Referencias bibliográficas

• Aldasoro, I., & Seiferling, M. (2014). Vertical Fiscal Imbalances and the Accumulation of Government Debt. IMF Working Paper No. 14/209.
• Ashworth, J., Geys, B., & Heyndels, B. (2005). Government Weakness and Local Public Debt Development in Flemish Municipalities. International Tax and Public Finance, 12(4), 395-422. https://doi.org/10.1007/s10797-005-2317-3
• Atchison, A. L., & Down, I. (2019). The Effects of Women Officeholders on Environmental Policy. Review of Policy Research, 36, 805-834. https://doi.org/10.1111/ropr.12346
• Baiman, S. (1990). Agency Research in Managerial Accounting: A Second Look. Accounting, Organizations and Society, 15(4), 341-371. https://doi.org/10.1016/0361-3682(90)90023-N
• Balaguer-Coll, M., Prior, D., & Tortosa-Ausina, E. (2016). On the Determinants of Local Government Debt: Does One Size Fit All?" International Public Management Journal, 19(4), 513-542. https://doi.org/10.1080/10967494.2015.1104403
• Balaguer-Coll, M., & Ivanova-Toneva, M. (2019). The importance of spatial effects in municipal debt" Revista de Contabilidad-Spanish Accounting Review, 22(1), 61-72. https://doi.org/10.6018/rc-sar.22.1.354311
• Bank of Spain. (2019). “Boletín Estadístico Del Banco de España.” https://Www.Bde.Es/Bde/Es/Secciones/Informes/Boletines/Boletin_Estadist/
• Basel Committee on Banking Supervision (BCBS). (2017). Basel III: Finalising Post-Crisis Reforms. Bank for International Settlements. https://www.bis.org/bcbs/publ/d424.pdf
• Bass, B. M., & Avolio, B. J. (1994). Transformational Leadership and Organizational Culture. International Journal of Public Administration, 17(3-4), 541-554. https://doi.org/10.1080/01900699408524907
• Benito López, B., & Martínez Conesa, I. (2002). Análisis de las Administraciones Públicas a Través de Indicadores Financieros. Revista de Contabilidad - Spanish Accounting Review, 5(9), 21-55. Retrieved from https://revistas.um.es/rcsar/article/view/386391
• Benito, B., Bastida, F., & Muñoz, M. J. (2010). Factores Explicativos de la presión fiscal municipal. Revista de Contabilidad-Spanish Accounting Review, 13(2), 239-283. https://doi.org/ 10.1016/S1138-4891(10)70018-2
• Benito, B., Brusca, I., & Montesinos, V. (2003). Utilidad de la información contable en los rating de deuda pública. Spanish Journal of Finance and Accounting/Revista Española de Financiación y Contabilidad, 32(117), 501-537. https://doi.org/10.1080/02102412.2003.10779494
• Benito, B., Guillamón, M. D., & Bastida, F. (2015). Non-Fulfilment of Debt Limits in Spanish Municipalities. Fiscal Studies, 36(1), 75-98. https://doi.org/10.1111/j.1475-5890.2015.12046.x
• Bonner, S. E., & Sprinkle, G. B. (2002). The Effects of Monetary Incentives on Effort and Task Performance: Theories, Evidence, and a Framework for Research. Accounting, Organizations and Society, 27(4-5), 303-345. https://doi.org/10.1016/S0361-3682(01)00052-6
• Buendía-Carrillo, D., Lara-Rubio, J., Navarro-Galera, A., & Gómez-Miranda, M.E. (2020). The Impact of Population Size on the Risk of Local Government Default. International Tax and Public Finance, 27, 1264-1286. https://doi.org/10.1007/s10797-020-09591-9
• Cabaleiro, R., & Buch, E. (2018). Adjustments in Municipal Fiscal Crises. Are They Different According to the Gender of the Mayor? Local Government Studies, 44(2), 255-274. https://doi.org/10.1080/03003930.2017.1387538
• Center for American Women and Politics (CAWP) (2019). Women Mayors in U.S. Cities 2019. https://cawp.rutgers.edu/levels_of_office/women-mayors-us-cities-2019#Bystate
• Cohen, S., Bisogno, M., & Malkogianni, I. (2019). Earnings Management in Local Governments: The Role of Political Factors. Journal of Applied Accounting Research, 20(3), 331-348. https://doi.org/10.1108/JAAR-10-2018-0162
• Dowling, J., & Pfeffer, J. (1975). Organizational Legitimacy: Social Values and Organizational Behavior. The Pacific Sociological Review, 18(1), 122-136. https://doi.org/10.2307/1388226
• Eagly, A. H., Johannesen-Schmidt, M., & van Engen, M. L. (2003). Transformational, Transactional, and Laissez-Faire Leadership Styles: A Meta-Analysis Comparing Women and Men. Psychological Bulletin, 129(4), 569-591. https://doi.org/10.1037/0033-2909.129.4.569
• Eagly, A. H., & Karau, S. J. (2002). Role Congruity Theory of Prejudice toward Female Leaders. Psychological Review, 109(3), 573-598. https://doi.org/10.1037/0033- 95X.109.3.573
• EIGE (2020). Gender Statistics Database. Local/municipal councils: mayors or other leaders and members. Available at: https://eige.europa.eu/gender-statistics/dgs/indicator/wmidm_pol_parl__wmid_locpol/datatable Accessed on 06/02/2020
• European Commission (EC). (2019). Fiscal Sustainability Report 2018. Institutional Paper 094. https://ec.europa.eu/info/publications/economy-finance/fiscal-sustainability-report-2018
• Ferraz, J. F., & Tejedo-Romero, F. (2016). Women's Political Representation and Transparency in Local Governance. Local Government Studies, 42(6), 885-906. https://doi.org/10.1080/03003930.2016.1194266
• Ferraz, J. F., & Tejedo-Romero, F. (2018). Does Gender Equality Affect Municipal Transparency: The Case of Spain. Public Performance & Management Review, 41(1), 69-99. https://doi.org/10.1080/15309576.2017.1362350
• Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. London, UK: Pitman Publishing.
• Funk, K. D., & Philips, A. Q. (2019). Representative Budgeting: Women Mayors and the Composition of Spending in Local Governments. Political Research Quarterly, 72(1), 19-33. https://doi.org/10.1177/1065912918775237
• Geys, B., & Revelli, F. (2011). Economic and Political Foundations of Local Tax Structures: An Empirical Investigation of the Tax Mix of Flemish Municipalities. Environment and Planning C-Government and Policy, 29(3), 410-427. https://doi.org/10.1068/c10116r
• Gordy, M. B. (2000). A Comparative Anatomy of Credit Risk Models. Journal of Banking & Finance, 24(1-2). https://doi.org/ 10.1016/S0378-4266(99)00054-0
• Greer, S. L. (2016). “The Global Debt Crisis: Haunting US and European Federalism,” Political Studies Review, 14 (3): 457–458. doi:10.1177/1478929916656559
• Hausman, J. A. (1978). Specification Tests in Econometrics. Econometrica, 46(6), 1251-1271. https://doi.org/10.2307/1913827
• Hernández-Nicolás, C. M., Martín-Ugedo, J. F., & Mínguez-Vera, A. (2018). Women Mayors and Management of Spanish Councils: An Empirical Analysis. Feminist Economics, 24(1), 168-191. https://doi.org/10.1080/13545701.2017.1347695
• Höhmann, D. (2020). When Do Female MPs Represent Women's Interests? Electoral Systems and the Legislative Behavior of Women. Political Research Quarterly, 73(4), 834-847. https://doi.org/10.1177/1065912919859437
• Holman, M. R. (2014). Sex and the City: Female Leaders and Spending on Social Welfare Programs in Us Municipalities. Journal of Urban Affairs, 36(4), 701-715. https://doi.org/10.1111/juaf.12066
• Holman, M. R. (2017). Women in Local Government: What We Know and Where We Go from Here. State and Local Government Review, 49(4), 285-296. https://doi.org/10.1177/0160323X17732608
• INE. (2020). Cifras oficiales de población resultantes de la revisión del Padrón municipal. Available at: https://www.ine.es/dynt3/inebase/index.htm?padre=517 Accessed on 06/02/2020
• International Monetary Fund (IMF) (2019). The World Economy: Synchronized Slowdown, Precarious Outlook. https://Blogs.Imf.Org/2019/10/15/the%2dWorld%2dEconomy%2dSynchronized%2dSlowdown%2dPrecarious%2dOutlook
• Intervención General de la Administración del Estado (IGAE) (2018). Avance de la actuación económica y financiera de las administraciones públicas. Madrid: IGAE.
• Jefatura del Estado (2003) Ley 57/2003, de 16 de diciembre, de medidas para la modernización del gobierno local. BOE ntextsuperscript{o} 301 de 17 de diciembre.
• Jefatura del Estado (2007) Ley Orgánica 3/2007, de 22 de marzo, para la igualdad efectiva de mujeres y hombres. BOE ntextsuperscript{o} 71 de 23 de marzo.
• Jefatura del Estado (2012) Ley Orgánica 2/2012, de 27 de abril, de estabilidad presupuestaria y sostenibilidad financiera. BOE ntextsuperscript{o} 103 de 30 de abril.
• Jefatura del Estado (2013) Ley 27/2013, de 27 de diciembre, de racionalización y sostenibilidad de la Administración Local. BOE ntextsuperscript{o} 312 de 30 de diciembre.
• Jubeto-Ruiz, Y. (2017). Budgetary Analysis from a Gender Approach: A Key Instrument for Progress towards Socio-Economic Equality. Ekonomiaz: Revista Vasca de Economía, 91, 300-329. https://dialnet.unirioja.es/descarga/articulo/6038701.pdf
• Kim, H-S., & Shim, S. (2003). Gender-Based Approach to the Understanding of Leadership Roles among Retail Managers. Human Resource Development Quarterly, 14(3), 321-342. https://doi.org/10.1002/hrdq.1069
• Kloha, P., Weissert, C. S., & Kleine, R. (2005). Developing and Testing a Composite Model to Predict Local Fiscal Distress. Public Administration Review, 65(3), 313-323. https://doi.org/10.1111/j.1540-6210.2005.00456.x
• Lago-Peñas, I., & Lago-Peñas, S. (2009). Does the Nationalization of Party Systems Affect the Composition of Public Spending? Economics of Governance, 10(1), 85-98. https://doi.org/10.1007/s10101-008-0051-x
• Lara-Rubio, J., Rayo-Cantón, S., Navarro-Galera, A., & Buendia-Carrillo, D. (2017). Analysing Credit Risk in Large Local Governments: An Empirical Study in Spain. Local Government Studies, 43(2), 194-217. https://doi.org/10.1080/03003930.2016.1261700
• McGregor, D. (1960). The Human Side of Enterprise. New York, USA: McGraw-Hill.
• Meier, K. J., & Funk, K. D. (2017). Women and Public Administration in a Comparative Perspective: The Case of Representation in Brazilian Local Governments. Administration & Society, 49(1), 121-142. https://doi.org/10.1177/0095399715626201
• Ministerio de Hacienda. (2004). Real Decreto Legislativo 2/2004, de 5 de marzo, por el que se aprueba el texto refundido de la Ley Reguladora de las Haciendas Locales. BOE ntextsuperscript{o} 59 de 9 de marzo.
• Moody's Investors Service (2013). A Methodology of Rating to Local and Regional. MA: Moody's Investors Service. Boston.
• Navarro-Galera, A., Ortiz-Rodríguez, D., & Alcaraz-Quiles, F. (2019). A Stimulus to Transparency on Sustainability in European Local Governments through Population, Socioeconomic, Financial and Legal Factors. Spanish Journal of Finance and Accounting, 48(4), 525-554. https://doi.org/10.1080/02102412.2019.1629204
• Navarro-Galera, A., Buendia-Carrillo, D., Lara-Rubio, J., & Rayo-Canton, S. (2017). Do Political Factors Affect the Risk of Local Government Default? Recent Evidence from Spain. Lex Localis-Journal of Local Self-Government, 15(1), 43-66. https://doi.org/10.4335/15.1.43-66(2017)
• OECD. (2019). Women in Politics (Indicator). https://doi.org/ 10.1787/edc3ff4f-en.
• Otero-Hermida, P., & Bouzas, R. (2020). Gender mainstreaming in Spain: policy instruments, influencing factors, and the role of local government. Local Government Studies, 46(6), 865-887. https://doi.org/ 10.1080/03003930.2019.1682556
• Palumbo, G., & Zaporowski, M. (2012). Determinants of Municipal Bond Ratings for General-Purpose Governments: An Empirical Analysis. Public Budgeting and Finance, 32(2), 86-102. https://doi.org/10.1111/j.1540-5850.2011.01009.x
• Piotrowski, S. J., & Van Ryzin, G. G. (2007). Citizen Attitudes Toward Transparency in Local Government. The American Review of Public Administration, 37(3), 306-323. https://doi.org/10.1177/0275074006296777
• Ribeiro, J. A., & Scapens, R. W. (2006). Institutional Theories in Management Accounting Change: Contributions, Issues and Paths for Development. Qualitative Research in Accounting & Management, 3(2), 94-111. https://doi.org/10.1108/11766090610670640
• Rodríguez, M. P., Navarro-Galera, A., López, M. D., & Alcaide, L. (2018). Analysing the Accounting Measurement of Financial Sustainability in Local Governments through Political Factors. Accounting, Auditing & Accountability Journal, 31(8), 2135-2164. https://doi.org/10.1108/AAAJ-10-2016-2754
• Rusconi, G. (2007). Introduzione. R. E. Freeman, G. Rusconi, and M. Dorigatti (Eds.). Teoria Degli Stakeholder. Milano: FrancoAngeli, Fondazione Acli Milanesi.
• Schumaker, P., & Burns, N. E. (1988). Gender Cleavages and the Resolution of Local Policy Issues. American Journal of Political Science, 32(4), 1070-1095. https://doi.org/10.2307/2111201
• Sinervo, L. (2014). Interpreting Financial Balance in Local Government: A Case Study from Finland. Public Money & Management, 34(2), 123-130. https://doi.org/10.1080/09540962.2014.887521
• Suzuki, K., & Avellaneda, C. N. (2018). Women and Risk-Taking Behaviour in Local Public Finance. Public Management Review, 20(12), 1741-1767. https://doi.org/10.1080/14719037.2017.1412118
• Tavares, A. F., &. da Cruz, N. F. (2017). Explaining the Transparency of Local Government Websites through a Political Market Framework. Government Information Quarterly: 101249. https://doi.org/10.1016/j.giq.2017.08.005
• Train, K. E. (2003). Discrete Choice Methods with Simulation. Cambridge, UK: Cambridge University Press.
• United Nations (2015). The World's Women 2015: Trends and Statistics. New York: United Nations, Department of Economic and Social Affairs, Statistics Division. Sales No. E.15.XVII.8.
• United Nations (2019). The Sustainable Development Goals Report. United Nations. New York: United Nations. https://unstats.un.org/sdgs/report/2019/The-Sustainable-Development-Goals-Report-2019.pdf
• Volkerink, B., & De Haan, J. (2001). Fragmented Government Effects on Fiscal Policy: New Evidence. Public Choice, 109(3), 221-242. http://www.jstor.org/stable/30026352
• Worldwide Bank Group (2015). World Governance Indicators. https://Databank.Worldbank.Org/Source/Worldwide-Governance-Indicators