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Economic accountability in the context of local governance in the Philippines : a structural equation modelling approach

Roxas, Hernan Banjo G., Lindsay, Val, Ashill, Nicholas and Victorio, Antong 2009, Economic accountability in the context of local governance in the Philippines : a structural equation modelling approach, Asia Pacific journal of public administration, vol. 31, no. 1, pp. 17-37.

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Title Economic accountability in the context of local governance in the Philippines : a structural equation modelling approach
Author(s) Roxas, Hernan Banjo G.
Lindsay, Val
Ashill, Nicholas
Victorio, Antong
Journal name Asia Pacific journal of public administration
Volume number 31
Issue number 1
Start page 17
End page 37
Total pages 21
Publisher University of Hong Kong
Place of publication Hong Kong
Publication date 2009-06
ISSN 0259-8272
Summary This study posits that by virtue of the enabling role of local governments, the economic development of their locality must be at the core of their public accountability, which is referred to here as “economic accountability”. Grounded on this idea of accountability, along with enabling theory and institutional theory, the study presents empirical evidence supportive of the argument that the enabling role of local governments, as manifested in a capacity to establish or adhere to formal institutional arrangements, has a direct impact on the entrepreneurial strategic posture and performance of local small and medium enterprises (SMEs) which are key players in local economic development.The results of the structural equation modelling support the view that institutional arrangements as manifestations of the enabling role of city governments are positively associated with an entrepreneurial strategic posture of local firms, which consequently improves the firms’ overall economic performance. Therefore, SME development in particular, and local economic development in general, should be part of the economic accountability of local governments in the Philippine context of local governance.
Language eng
Field of Research 150503 Marketing Management (incl Strategy and Customer Relations)
Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2009, University of Hong Kong, Department of Politics and Public Administration
Persistent URL http://hdl.handle.net/10536/DRO/DU:30042418

Document type: Journal Article
Collections: School of Management and Marketing
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Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.