IDEAS home Printed from https://ideas.repec.org/a/nax/conyad/v63y2018i3p38-39.html
   My bibliography  Save this article

Budget stability, financing and social responsibility in Spanish municipalities

Author

Listed:
  • Herenia Gutiérrez Ponce

    (Universidad Autónoma de Madrid, España)

  • Julián Chamizo González

    (Universidad Autónoma de Madrid, España)

  • Elisa Isabel Cano Montero

    (Universidad de Castilla-La Mancha, España)

Abstract

In this paper, we analyze the most relevant relationships between budgetary stability, the Municipal Financing System (SFM) and social expenditure policies, as fundamental pieces to define the level of Corporate Social Responsibility (CSR) that can be assigned to Spanish municipalities. We have started from the budgets of the 9,500 municipalities and other local Spanish entities, presented to the Spanish Court of Auditors in 2014, and available on the website of the Ministry of Finance. Based on this information, we developed a database (more than 1,500,000 records, big data, treated by data mining techniques) to perform an exploratory analysis of the most significant factors explaining the relationship between budgetary stability, financial sufficiency and sustainability of welfare policies. Based on the above and the level of budgetary expenditures in the Basic Public Services programs (EA1) and the Social Promotion Protection Actions program (EA2), we propose two indicators to measure the level of CSR attributable to each municipality. The main findings of our research are summarized in three conclusions: that municipalities with budget deficits prioritize the reduction of their debt with financial institutions while delaying payment to their suppliers; that the relationships between the income and expenditure policies of each municipality have a direct impact on their level of CSR; and that, using a logit probability model, the hypothesis according to which the CSR of the municipalities can be explained by the size of their population and the way in which they are financed, is confirmed.

Suggested Citation

  • Herenia Gutiérrez Ponce & Julián Chamizo González & Elisa Isabel Cano Montero, 2018. "Budget stability, financing and social responsibility in Spanish municipalities," Contaduría y Administración, Accounting and Management, vol. 63(3), pages 38-39, Julio-Sep.
    • Handle: RePEc:nax:conyad:v:63:y:2018:i:3:p:38-39
    as

    Download full text from publisher

    File URL: http://www.cya.unam.mx/index.php/cya/article/view/1419/1329
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Daniel Horgos & Klaus Zimmermann, 2009. "Interest groups and economic performance: some new evidence," Public Choice, Springer, vol. 138(3), pages 301-315, March.
    2. Francisco Longo, 2012. "Innovación en gobernanza: entornos colaborativos y liderazgos relacionales," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 80(02), pages 46-69.
    3. Mónica Melle Hernández, 2007. "La responsabilidad social dentro del sector público," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 65(02), pages 84-107.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pedro R. Palos-Sánchez & Pedro Baena-Luna & Mercedes García-Ordaz & Francisco J. Martínez-López, 2023. "Digital Transformation and Local Government Response to the COVID-19 Pandemic: An Assessment of Its Impact on the Sustainable Development Goals," SAGE Open, , vol. 13(2), pages 21582440231, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Herenia Gutiérrez Ponce & Julián Chamizo González & Elisa Isabel Cano Montero, 2018. "Estabilidad presupuestaria, financiamiento y responsabilidad social en los municipios españoles," Contaduría y Administración, Accounting and Management, vol. 63(3), pages 36-37, Julio-Sep.
    2. Micael Castanheira & Gaëtan Nicodème & Paola Profeta, 2012. "On the political economics of tax reforms: survey and empirical assessment," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 19(4), pages 598-624, August.
    3. John M. de Figueiredo & Brian Kelleher Richter, 2013. "Advancing the Empirical Research on Lobbying," NBER Working Papers 19698, National Bureau of Economic Research, Inc.
    4. Daniel Horgos & Klaus W. Zimmermann, 2010. "It Takes Two to Tango: Lobbies and the Political Business Cycle," Kyklos, Wiley Blackwell, vol. 63(3), pages 383-399, August.
    5. Barbara Dluhosch & Nikolai Ziegler, 2011. "The paradox of weakness in the politics of trade integration," Constitutional Political Economy, Springer, vol. 22(4), pages 325-354, December.
    6. Cole, Ismail M., 2014. "Short- and long-term growth effects of special interest groups in the U.S. states: A dynamic panel error-correction approach," MPRA Paper 54455, University Library of Munich, Germany, revised 02 Mar 2014.
    7. Dennis Coates & Jac Heckelman & Bonnie Wilson, 2011. "Special-interest groups and growth," Public Choice, Springer, vol. 147(3), pages 439-457, June.
    8. Markus Leibrecht & Silvia Rocha-Akis, 2014. "Sozialpartnerschaft und makroökonomische Performance," WIFO Monatsberichte (monthly reports), WIFO, vol. 87(8), pages 555-567, August.
    9. Justin Conrad & Hong-Cheol Kim & Mark Souva, 2013. "Narrow interests and military resource allocation in autocratic regimes," Journal of Peace Research, Peace Research Institute Oslo, vol. 50(6), pages 737-750, November.
    10. Gael Lagadec, 2014. "Are political support-driven policies always bad? The case of large interest groups," European Journal of Government and Economics, Europa Grande, vol. 3(2), pages 138-147, December.
    11. Jac C. Heckelman & Bonnie Wilson, 2014. "Interest Groups and the “Rise and Decline” of Growth," Southern Economic Journal, John Wiley & Sons, vol. 81(2), pages 435-456, October.
    12. Domenico Rossignoli, 2015. "Too many and too much? Special-interest groups and inequality at the turn of the century," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 130(3), pages 337-366.
    13. Polk Andreas, 2020. "What do we Know About Lobbying in Germany?," Review of Economics, De Gruyter, vol. 71(1), pages 43-79, April.
    14. William Pyle & Laura Solanko, 2013. "The composition and interests of Russia’s business lobbies: testing Olson’s hypothesis of the “encompassing organization”," Public Choice, Springer, vol. 155(1), pages 19-41, April.
    15. Nuria Boch Roca & Javier Suárez Pandiello, 2015. "Politics and Finance in Spanish Municipalities," Hacienda Pública Española / Review of Public Economics, IEF, vol. 212(1), pages 51-66, March.
    16. Murray, Cameron, 2020. "Do political donations buy reputation in an elite gift-exchange game?," OSF Preprints fc9rt, Center for Open Science.
    17. Axel Dreher & Lars-H. Siemers, 2009. "The nexus between corruption and capital account restrictions," Public Choice, Springer, vol. 140(1), pages 245-265, July.
    18. Javier A. Prado Domínguez & Antonio García Lorenzo, 2010. "Competencia e incentivos a la cooperación en la interacción de grupos de interés que pretenden aumentar su influencia política directa: ¿cuál es la importancia de la presión política?," Hacienda Pública Española / Review of Public Economics, IEF, vol. 192(1), pages 105-125, March.
    19. Polk, Andreas, 2017. "Lobbyism in Germany: What do we know?," Beiträge zur Jahrestagung 2016 (Witten/Herdecke) 175190, Verein für Socialpolitik, Ausschuss für Wirtschaftssysteme und Institutionenökonomik.
    20. Taner Güney, 2015. "Environmental sustainability and pressure groups," Quality & Quantity: International Journal of Methodology, Springer, vol. 49(6), pages 2331-2344, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nax:conyad:v:63:y:2018:i:3:p:38-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alberto García-Narvaez (Technical Editor) (email available below). General contact details of provider: https://edirc.repec.org/data/fcunamx.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.